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 11.7 to 13.23 12.92 (20.26%) . .
Intermediate 12.51 to 13.23 . 12.92 (43.06%) .
Short 12.65 to 13.23 . 12.92 (53.45%) .