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 11.346 to 11.72 11.66 (16.04%) . .
Intermediate 11.6 to 11.72 . 11.66 (50.00%) .
Short 11.72 to 11.65 . . 11.75 (142.86%)