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 22.68 (36.82%) . .
Intermediate 22.75 to 21.695 . . 22.68 (93.36%)
Short 22.33 to 21.93 . . 22.68 (187.50%)