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 20.67 to 21.905 . . 20.9547 (76.95%)
Intermediate 21.905 to 20.9054 21.23 (32.47%) . .
Short 21.365 to 20.9054 . . 21.23 (70.63%)