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 24.4 to 22.29 . 23.1523 (40.87%) .
Intermediate 24.07 to 22.29 . 23.1523 (48.44%) .
Short 23.7104 to 22.29 . . 23.1523 (60.71%)