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 20.8 to 24.85 . . 22.18 (65.93%)
Intermediate 24.85 to 22.2 . . 23.94 (65.66%)
Short 23.86 to 22.3 . . 23.36 (67.95%)