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 12.03 to 9.86 10.55 (31.80%) . .
Intermediate 11.87 to 9.86 10.55 (34.33%) . .
Short 11.58 to 9.86 . 10.55 (40.12%) .