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 12.0481 to 11.6246 . 11.8566 (54.78%) .
Intermediate 11.985 to 11.6246 . . 11.8566 (64.37%)
Short 11.9723 to 11.6246 . . 11.8566 (66.72%)