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 20.16 to 23.03 22.33 (24.39%) . .
Intermediate 21.44 to 23.03 . 22.33 (44.03%) .
Short 22.15 to 23.03 . . 22.33 (79.55%)