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 21.84 to 22.44 . 22.09 (58.33%) .
Intermediate 22.44 to 22.09 . . 22.36 (77.14%)
Short 22.27 to 22.1 . . 22.36 (152.94%)