ELLH 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 | to 38 | . | 22 (42.11%) | . |
Intermediate | 38 to 30 | . | . | 35.5 (68.75%) |
Short | 38 to 21.21 | . | 29.99 (52.29%) | . |