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 8.5 to 11.43 10.32 (37.88%) . .
Intermediate 8.75 to 11.43 . 10.32 (41.42%) .
Short 9.5 to 11.43 . 10.32 (57.51%) .