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 10.08 to 9.02 9.43 (38.68%) . .
Intermediate 9.02 to 9.46 . . 9.06 (90.91%)
Short 9.28 to 9.06 . . 9.26 (90.91%)