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 25.63 to 20.04 . 23.04 (53.67%) .
Intermediate 20.21 to 23.333 . 21.51 (58.37%) .
Short 23.333 to 20.81 . . 22.93 (84.03%)