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 18.5 to 22.54 22.15 (9.65%) . .
Intermediate 21.15 to 22.54 22.15 (28.06%) . .
Short 22.54 to 22.1312 . . 22.88 (183.17%)