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 21.59 to 22.46 . . 21.65 (93.10%)
Intermediate 22.46 to 21.84 . 22.1348 (47.55%) .
Short 22.1348 to 21.89 . . 22.04 (61.27%)