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 to 10.27 10.02 (2.43%) . .
Intermediate 10.07 to 10.25 . 10.17 (44.44%) .
Short 10.16 to 10.25 . . 10.17 (88.89%)