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 11.7 to 16.41 . . 13.02 (71.97%)
Intermediate 16.41 to 13.02 14.03 (29.79%) . .
Short 13.02 to 13.79 . . 13.17 (80.52%)