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 7.86 to 13.39 11.45 (35.08%) . .
Intermediate 9.6671 to 13.39 . 11.45 (52.11%) .
Short 10.97 to 13.39 . . 11.45 (80.17%)