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 24.73 to 20.57 . . 24.16 (86.30%)
Intermediate 20.57 to 22.67 . 21.6254 (49.74%) .
Short 21.59 to 24.16 23.6 (21.79%) . .