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 23.77 to 20.44 . . 22.64 (66.07%)
Intermediate 20.45 to 21.34 . . 20.53 (91.01%)
Short 21.79 to . . 22.54 (103.44%)