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 to 13.34 11.51 (13.72%) . .
Intermediate 13.34 to 11.51 12.2 (37.70%) . .
Short 11.73 to 12.36 . . 11.83 (84.13%)