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 25.18 to 20.67 . 22.95 (50.55%) .
Intermediate 21.11 to 22.95 . . 21.71 (67.39%)
Short 21.16 to 22.95 . . 21.71 (69.27%)