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 9.12 to 13 11.675 (34.15%) . .
Intermediate 10.4752 to 13 . 11.675 (52.48%) .
Short 13 to 11.45 . . 12.655 (77.74%)