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 26.53 to 20.9 . . 24.82 (69.63%)
Intermediate 23.75 to 24.82 24.395 (39.72%) . .
Short 23.896 to 24.82 . 24.395 (46.00%) .