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 9.65 to 10.6 10.49 (11.58%) . .
Intermediate 10.19 to 10.6 10.49 (26.83%) . .
Short 10.43 to 10.6 . . 10.49 (64.71%)