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 11.398 to 11.79 . 11.62 (43.37%) .
Intermediate 11.5 to 11.79 . 11.62 (58.62%) .
Short 11.56 to 11.79 . . 11.62 (73.91%)