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 10.8707 to 11.4996 . . 10.2669 (196.01%)
Intermediate 11.4996 to 11.0912 . 11.2555 (40.23%) .
Short 11.2992 to 11.0912 . . 11.2555 (78.99%)