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 11.49 to 12.21 11.95 (36.11%) . .
Intermediate 11.75 to 12.21 . 11.95 (56.52%) .
Short 12.21 to 11.95 . . 12.23 (107.69%)