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 8.83 to 11.25 11 (10.33%) . .
Intermediate 10.8 to 11.25 . 11 (55.56%) .
Short 10.8 to 11.6 11.31 (36.25%) . .