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 21.695 to 22.6 . . 21.82 (86.19%)
Intermediate 22.57 to 21.89 22.07 (26.47%) . .
Short 22.11 to 21.89 . . 22.07 (81.82%)