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 22.895 to 26.12 . . 24.04 (64.50%)
Intermediate 26.12 to 24.06 . 24.9682 (44.09%) .
Short 25.34 to 24.06 . . 24.9682 (70.95%)