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 9.4 to 10.11 10.04 (9.86%) . .
Intermediate 9.88 to 10.11 10.04 (30.43%) . .
Short 10.01 to 10.11 . . 10.04 (70.00%)