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 25 to 17.88 . . 23.15 (74.02%)
Intermediate 22.6472 to 21.28 . . 23.15 (136.78%)
Short 21.28 to 22.895 22.56 (20.74%) . .