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 13.14 to 8.4786 . . 12.5 (86.27%)
Intermediate 8.4786 to 11.49 11 (16.27%) . .
Short 10.4 to 11.49 . 11 (44.95%) .