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 12.19 11.46 (5.99%) . .
Intermediate 11.19 to 12.19 . . 11.46 (73.00%)
Short 12.19 to 11.46 11.68 (30.14%) . .