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 10.85 to 7.77 8.88 (36.04%) . .
Intermediate 10.85 to 7.77 8.88 (36.04%) . .
Short 9.65 to 7.77 . 8.88 (59.04%) .