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 11.4 to 14.86 . 13.1 (50.87%) .
Intermediate 14.86 to 13.1 . 14.15 (59.66%) .
Short 14.78 to 13.1 . . 14.15 (62.50%)