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 11.18 to 12.41 . . 11.61 (65.04%)
Intermediate 12.41 to 11.61 . . 12.105 (61.88%)
Short 11.72 to 12.105 . . 11.79 (81.82%)