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 10.33 to 8.21 . . 10.09 (88.68%)
Intermediate 9.18 to 10.09 . 9.7 (42.86%) .
Short 9.47 to 10.09 . . 9.7 (62.90%)