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 23.9 to 15.86 . . 23.35 (93.16%)
Intermediate 21.05 to 22.82 . . 21.6 (68.93%)
Short 21.18 to 22.82 . . 21.6 (74.39%)