LESL 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 | 4.38 to 2.45 | . | 3.51 (54.92%) | . |
Intermediate | 2.6 to 3.51 | . | . | 2.06 (159.34%) |
Short | 3.51 to 2.45 | 2.65 (18.87%) | . | . |