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 12.93 to 11.13 . . 12.5 (76.11%)
Intermediate 11.13 to 12.5 . 11.68 (59.85%) .
Short 12.5 to 11.68 11.95 (32.93%) . .