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 11.63 to 9.56 . 10.7 (55.07%) .
Intermediate 11.1 to 9.56 . . 10.7 (74.03%)
Short 10.71 to 10.47 . 10.6 (54.17%) .