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 10.65 to 9.65 10.015 (36.50%) . .
Intermediate 10.35 to 9.65 . 10.015 (52.14%) .
Short 10.015 to 9.76 . 9.9 (54.90%) .