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 10.75 to 11.1 11.07 (8.57%) . .
Intermediate 10.87 to 11.1 11.07 (13.04%) . .
Short 11.07 to 11.21 11.18 (21.43%) . .