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 12.49 to 10.64 . . 12.315 (90.54%)
Intermediate 10.64 to 12.315 12.13 (11.04%) . .
Short 11.69 to 12.315 12.13 (29.60%) . .