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 35.79 to 19.76 22.75 (18.65%) . .
Intermediate 27.39 to 19.76 22.75 (39.19%) . .
Short 23.29 to 19.76 . . 22.75 (84.70%)