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 12.42 to 11.1 . . 12.22 (84.85%)
Intermediate 11.77 to 12.23 . . 11.77 (100.00%)
Short 12.23 to 11.77 . . 12.1 (71.74%)