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 10.45 to 13.34 . . 11.51 (63.32%)
Intermediate 10.45 to 13.34 . . 11.51 (63.32%)
Short 12.6 to 11.51 11.92 (37.61%) . .