WAM.AU 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 | 1.625 to 1.485 | . | . | 1.6 (82.14%) |
Intermediate | 1.49 to 1.605 | 1.585 (17.39%) | . | . |
Short | 1.57 to 1.605 | . | 1.585 (57.14%) | . |