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 11.53 to 8.52 9.63 (36.88%) . .
Intermediate 11 to 8.52 . 9.63 (44.76%) .
Short 9.95 to 8.835 . 9.425 (52.91%) .