ELEK 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 | 0.05 to 0.009 | . | 0.0265 (42.68%) | . |
| Intermediate | 0.034 to 0.009 | . | . | 0.0265 (70.00%) |
| Short | 0.0265 to 0.01 | . | . | 0.02 (60.61%) |