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 15.64 to 9.6524 10.4 (12.49%) . .
Intermediate 11.49 to 9.6524 . 10.4 (40.68%) .
Short 10.97 to 9.6524 . 10.4 (56.74%) .