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 19.96 to 24.85 . 22.2 (54.19%) .
Intermediate 21.55 to 24.85 . . 22.2 (80.30%)
Short 24.85 to 22.2 . . 23.94 (65.66%)