Fibonacci Analysis: Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days) and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time FrameTrend38.2%50%61.8%
Long 9.25 to 9.67 9.54 (30.95%) . .
Intermediate 9.67 to 9.47 . . 9.69 (110.00%)
Short 9.47 to 9.69 . 9.56 (59.09%) .