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 22.08 to 20.285 20.5589 (15.26%) . .
Intermediate 21.05 to 20.285 20.5589 (35.80%) . .
Short 20.86 to 20.285 . 20.5589 (47.63%) .