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 22.81 to 23.41 . . 22.98 (71.67%)
Intermediate 23.41 to 23.14 . 23.28 (51.85%) .
Short 23.31 to 23.18 . . 23.27 (69.23%)