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 10.485 to 7.53 . . 10.1425 (88.41%)
Intermediate 7.53 to 10.1425 . . 8.57 (60.19%)
Short 7.93 to 10.1425 . . 8.57 (71.07%)