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 20.97 to 26.16 24.38 (34.30%) . .
Intermediate 22.48 to 26.16 . 24.38 (48.37%) .
Short 23.5491 to 26.16 . . 24.38 (68.18%)