ET-I 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 | 11 to 12.1701 | . | 11.66 (43.59%) | . |
Intermediate | 11.65 to 12.1701 | . | . | 11.66 (98.08%) |
Short | 12.1701 to 11.66 | 11.85 (37.25%) | . | . |