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 14.67 to 9.13 . 11.4 (40.97%) .
Intermediate 11.75 to 9.13 . . 11.4 (86.64%)
Short 11.42 to . . 9.31 (81.52%)