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 24.37 to 21.695 . 22.87 (43.93%) .
Intermediate 22.48 to 21.695 . . 22.87 (149.68%)
Short 22.33 to 21.93 . . 22.87 (235.00%)