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 21.68 to 24.72 23.55 (38.49%) . .
Intermediate 24.72 to 23.55 . . 25.1598 (137.59%)
Short 23.55 to 24.9214 24.8631 (4.25%) . .