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 10.3135 to 9.1 . . 10.26 (95.59%)
Intermediate 10.11 to 10.16 10.15 (20.00%) . .
Short 10.15 to 10.2 . . 10.16 (80.00%)