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 13.03 to 9.36 . 11.45 (56.95%) .
Intermediate 10.93 to 11.4 . 11.13 (57.45%) .
Short 11.17 to 11.4 11.31 (39.13%) . .