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 21.82 to 20.74 . . 21.63 (82.41%)
Intermediate 21.059 to 21.57 21.47 (19.57%) . .
Short 21.23 to 21.57 21.47 (29.41%) . .