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 to 8.59 9.4994 (37.73%) . .
Intermediate 8.59 to 9.86 . . 8.8546 (79.17%)
Short 9.4 to 9 . . 9.3523 (88.07%)