OVCHY 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 | 19.63 to 23.55 | . | 21.48 (52.81%) | . |
Intermediate | 20.915 to 23.55 | . | . | 21.48 (78.56%) |
Short | 23.55 to 21.17 | . | . | 24.23 (128.57%) |