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 11.43 to 8.88 . 10.1 (47.84%) .
Intermediate 10.01 to 8.88 . . 10.1 (107.96%)
Short 8.88 to 10.08 9.69 (32.50%) . .