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 10.03 to 10.67 . . 10.19 (75.00%)
Intermediate 10.22 to 10.352 10.33 (16.67%) . .
Short 10.25 to 10.352 10.33 (21.57%) . .