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 24.5 to 18.74 . . 23.4942 (82.54%)
Intermediate 19.869 to 22.8648 21.69 (39.21%) . .
Short 22.59 to 21.47 . . 23.4942 (180.73%)