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 21.9 to 11.91 13.25 (13.41%) . .
Intermediate 16.3 to 11.91 13.25 (30.52%) . .
Short 14.04 to 11.91 . . 13.25 (62.91%)