EG Analysis
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 Frame | Trend | 38.2% | 50% | 61.8% |
Long | 407.04 to 347.75 | . | . | 390.1 (71.43%) |
Intermediate | 407.04 to 347.75 | . | . | 390.1 (71.43%) |
Short | 366.5 to 391.66 | . | . | 348.33 (172.22%) |