ERET 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 | 28.9681 to 24.5941 | 25.3316 (16.86%) | . | . |
Intermediate | 28.5 to 24.5941 | 25.3316 (18.88%) | . | . |
Short | 27.7701 to 24.5941 | 25.3316 (23.22%) | . | . |