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 19.63 to 23.55 . 21.48 (52.81%) .
Intermediate 20.915 to 23.55 . . 21.48 (78.56%)
Short 23.55 to 21.17 . . 24.23 (128.57%)