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 21.1 to 35.78 . . 22.14 (92.92%)
Intermediate 35.78 to 22.14 24.39 (16.50%) . .
Short 35.78 to 22.14 24.39 (16.50%) . .