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 11.44 to 13.4 . . 11.11 (116.84%)
Intermediate 11.62 to 13.4 . . 11.11 (128.65%)
Short 13.4 to 11.11 . . 13.25 (93.45%)