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 9.78 to 7.84 . . 9.97 (109.79%)
Intermediate 7.84 to 9.7 . 8.61 (58.60%) .
Short 9.54 to 8.61 . . 9.97 (146.24%)