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 12.55 to 11.36 11.4519 (7.72%) . .
Intermediate 12.1 to 11.36 11.4519 (12.42%) . .
Short 11.7 to 11.34 11.36 (5.56%) . .