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 11.87 to 9.86 . 10.81 (47.26%) .
Intermediate 11.58 to 9.86 . 10.81 (55.23%) .
Short 10.09 to 10.84 . 10.49 (46.67%) .