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 10.73 to 12.36 . . 10.96 (85.89%)
Intermediate 12.36 to 10.97 11.26 (20.86%) . .
Short 12.25 to 10.97 11.26 (22.66%) . .