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 23.2743 to 19.45 . . 23.741 (112.20%)
Intermediate 19.604 to 23.1 22.2932 (23.08%) . .
Short 22.2932 to 23.741 23.4246 (21.85%) . .