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 20.33 to 24.25 . . 21.61 (67.35%)
Intermediate 24.25 to 22.78 . . 23.81 (70.07%)
Short 23.89 to 22.8 23.12 (29.36%) . .