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 8.11 to 11.39 . 9.6 (54.57%) .
Intermediate 9.42 to 11.39 . . 9.6 (90.86%)
Short 11.3 to 9.78 10.05 (17.76%) . .