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 22.77 to 22.97 . . 22.81 (80.00%)
Intermediate 22.97 to 22.81 . . 22.93 (75.00%)
Short 22.81 to 22.93 . . 22.84 (75.00%)