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 8.58 to 11.3 . 10.19 (40.81%) .
Intermediate 9.03 to 11.3 . 10.19 (48.90%) .
Short 10.19 to 12.1 . . 10.79 (68.59%)