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 17.66 to 11.01 12 (14.89%) . .
Intermediate 15.06 to 11.01 12 (24.44%) . .
Short 12.33 to 10.87 . . 12 (77.40%)