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 21.65 to 23.78 . . 21.12 (124.88%)
Intermediate 23.67 to 22.15 . 22.95 (52.63%) .
Short 23.24 to 22.15 . . 22.95 (73.39%)