ELEMF 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 | 0.7775 to 1.37 | 1.28 (15.19%) | . | . |
| Intermediate | 0.95 to 1.37 | 1.28 (21.43%) | . | . |
| Short | 1.043 to 1.37 | 1.28 (27.52%) | . | . |