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 10.53 to 11.97 . 11.26 (49.31%) .
Intermediate 10.91 to 11.97 . . 11.26 (66.98%)
Short 11.97 to 11.37 11.47 (16.67%) . .