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 24.98 to 19.2 . . 24.03 (83.56%)
Intermediate 23.94 to 19.2 . . 24.03 (101.90%)
Short 22.56 to 23.5 . 22.96 (57.45%) .