ERA.AU 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 | 0.057 to 0.005 | 0.011 (11.54%) | . | . |
| Intermediate | 0.039 to 0.005 | 0.011 (17.65%) | . | . |
| Short | 0.005 to 0.012 | . | 0.009 (42.86%) | . |