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 22.32 to 23.8 . . 22.47 (89.86%)
Intermediate 23.76 to 22.42 . . 23.52 (82.09%)
Short 22.42 to 23.54 . . 22.75 (70.54%)