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 9.99 to 7.61 . . 12.73 (215.13%)
Intermediate 8.45 to 9.85 9.37 (34.29%) . .
Short 10.39 to . . 12.67 (121.94%)