ELVN 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 | 21.05 to 29.73 | . | . | 22.37 (84.79%) |
Intermediate | 29.73 to 24.3 | 26.18 (34.62%) | . | . |
Short | 29.38 to 21.97 | 24.42 (33.06%) | . | . |