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 13.59 to 10.44 . . 12.72 (72.38%)
Intermediate 11.71 to 12.54 . . 12.01 (63.86%)
Short 12.17 to 12.72 12.58 (25.45%) . .