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 to 11.8 11.22 (4.92%) . .
Intermediate 11.8 to 11.22 . . 11.64 (72.41%)
Short 11.22 to 11.64 11.55 (21.43%) . .