ELDN 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 | 5.35 to 2.65 | 3.38 (27.04%) | . | . |
| Intermediate | 4.63 to 2.65 | 3.38 (36.87%) | . | . |
| Short | 2.65 to 3.44 | . | . | 2.87 (72.15%) |