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 11.1193 to 10.4408 . . 11.0304 (86.90%)
Intermediate 11.0325 to 10.461 . 10.7275 (46.63%) .
Short 11.0092 to 10.461 . 10.7275 (48.61%) .