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 19.82 to 22.75 . . 20.65 (71.67%)
Intermediate 22.75 to 20.75 21.51 (38.00%) . .
Short 21.79 to 20.75 . . 21.51 (73.08%)