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 22.84 to 25.39 . . 23.04 (92.16%)
Intermediate 25.39 to 23.04 . . 25 (83.40%)
Short 23.77 to 25 . . 23.2082 (145.67%)