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 21.3364 to 24.5 23.97 (16.75%) . .
Intermediate 22.4 to 24.5 23.97 (25.24%) . .
Short 23.16 to 24.5 23.97 (39.55%) . .