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 11.19 to 9.81 . 10.39 (42.03%) .
Intermediate 10.51 to 10.02 . . 10.35 (67.35%)
Short 10.02 to 10.37 10.24 (37.14%) . .