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 11 to 12.1701 . 11.66 (43.59%) .
Intermediate 11.65 to 12.1701 . . 11.66 (98.08%)
Short 12.1701 to 11.66 11.85 (37.25%) . .