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 22.6 to 25.27 . . 23.09 (81.65%)
Intermediate 24.9 to 23.4 . 24.0565 (43.77%) .
Short 24.18 to 23.4 . . 24.0565 (84.17%)