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 22.78 to 19.905 . . 22.32 (84.00%)
Intermediate 19.905 to 22.47 . 21.15 (51.46%) .
Short 22.47 to 21.53 21.75 (23.40%) . .