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 24.41 to 19.36 . . 25.8 (127.52%)
Intermediate 19.36 to 22.89 . 21.23 (47.03%) .
Short 20.83 to 23.855 23.13 (23.97%) . .