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 9.34 to 12.07 11.65 (15.38%) . .
Intermediate 10.65 to 12.07 11.65 (29.58%) . .
Short 11.27 to 12.07 . 11.65 (52.50%) .