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 23.74 to 21.25 . . 24.09 (114.06%)
Intermediate 21.321 to 22.43 22.22 (18.94%) . .
Short 22.79 to 23.42 23.2 (34.92%) . .