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 12.25 to 10.13 . . 11.93 (84.91%)
Intermediate 10.13 to 11.93 11.215 (39.72%) . .
Short 11.93 to 11.215 . 11.56 (48.25%) .