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 10.76 to 11.49 11.36 (17.81%) . .
Intermediate 10.96 to 11.49 11.36 (24.53%) . .
Short 11.3 to 11.49 . . 11.36 (68.42%)