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 21.208 to 22.225 . . 20.9359 (126.76%)
Intermediate 21.891 to 21.33 . . 21.72 (69.52%)
Short 21.77 to 21.15 21.21 (9.68%) . .