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 12.65 to 7.17 9.09 (35.04%) . .
Intermediate 11.25 to 7.17 . 9.09 (47.06%) .
Short 9.265 to 7.17 . . 9.09 (91.65%)