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 19.08 to 24.94 23.095 (31.48%) . .
Intermediate 20.91 to 24.94 . 23.095 (45.78%) .
Short 22.727 to 24.94 . . 23.095 (83.37%)