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 7.78 to 10.74 10.47 (9.12%) . .
Intermediate 8.45 to 10.74 10.47 (11.79%) . .
Short 10.16 to 10.74 . 10.47 (46.55%) .