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 10.83 to 11.34 11.25 (17.65%) . .
Intermediate 11.08 to 11.34 11.25 (34.62%) . .
Short 11.34 to 11.21 . . 11.99 (600.00%)