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 8.53 to 12.65 . 10.46 (53.16%) .
Intermediate 12.65 to 10.41 . 11.63 (54.46%) .
Short 12.65 to 10.41 . 11.63 (54.46%) .