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 15.584 to 11.04 . . 14.1 (67.34%)
Intermediate 11.81 to 14.4 . 13.22 (45.56%) .
Short 11.81 to 14.4 . 13.22 (45.56%) .