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 10.72 to 7.03 . . 10.6 (96.75%)
Intermediate 8.36 to 9.95 . 9.22 (45.91%) .
Short 9.22 to 10.8 . . 9.84 (60.76%)