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 20.72 to 24.41 . . 20.3 (111.38%)
Intermediate 23.51 to 20.77 21.06 (10.58%) . .
Short 21.56 to 20.77 21.06 (36.71%) . .