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 to 11.88 11.36 (4.38%) . .
Intermediate 9.28 to 11.88 11.36 (20.00%) . .
Short 10.9 to 11.88 . 11.36 (53.06%) .