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 23.22 to 22.18 . . 23.16 (94.23%)
Intermediate 23.15 to 22.18 . . 23.16 (101.03%)
Short 22.54 to 23.01 22.87 (29.79%) . .