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 10.34 to 12.4038 . . 10.58 (88.37%)
Intermediate 12.4038 to 10.38 . . 11.88 (74.12%)
Short 10.38 to 11.74 11.21 (38.97%) . .