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 10.142 to 9.443 . . 10.543 (157.37%)
Intermediate 9.443 to 9.738 9.635 (34.92%) . .
Short 9.623 to 9.856 9.783 (31.33%) . .