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 22.352 to 23.16 . 22.68 (59.41%) .
Intermediate 22.66 to 23.16 . . 22.68 (96.00%)
Short 23.16 to 22.68 . 22.89 (43.75%) .