ESBS 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 | 5.1 to 6.6 | 6.49 (7.33%) | . | . |
Intermediate | 6.01 to 6.6 | 6.49 (18.64%) | . | . |
Short | 6.01 to 6.6 | 6.49 (18.64%) | . | . |