IBTJ Analysis
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 Frame | Trend | 38.2% | 50% | 61.8% |
| Long | 22.22 to 21.22 | 21.33 (11.00%) | . | . |
| Intermediate | 21.83 to 21.22 | 21.33 (18.03%) | . | . |
| Short | 21.61 to 21.22 | 21.33 (28.21%) | . | . |