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 to 11.2 10.32 (7.86%) . .
Intermediate 10.77 to 11.2 . . 10.32 (204.65%)
Short 11.2 to 10.32 . . 11.59 (144.32%)