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 12.7 to 7.72 . 10.09 (47.59%) .
Intermediate 9.62 to 7.72 . . 10.09 (124.74%)
Short 9.08 to 7.83 . . 10.09 (180.80%)