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 26.15 to 21.98 23.2521 (30.51%) . .
Intermediate 24.565 to 21.98 . 23.2521 (49.21%) .
Short 23.99 to 21.98 . . 23.2521 (63.29%)