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 to 25.5365 20.7237 (18.85%) . .
Intermediate 25.5365 to 20.69 . 23.0158 (47.99%) .
Short 23.77 to 20.69 . . 23.0158 (75.51%)