Calculate the position of Stock Price rebound Based on the golden split ratio.
The golden split ratio is a common law in nature. Therefore, this law can also be applied to the prediction of Stock Price rebound or decline. A stock has been falling for a period of time and began to rebound. So where will the rebound stop? Usually the depth of the decline and the height of the rebound are in line with the golden split ratio: 0.382, 0.5, 0.618, 0.809, and so on.
Manual computation is too troublesome. I wrote a small software to calculate the corresponding rebound position.
In the first input box, enter the position at which the current bounce starts.
In the second input box, the input may start to fall at a high point, because it may have gone through many rising and falling processes.
If a price repeat for example, 13.06, 13.54, or 20, it appears twice, you need to be cautious in this position.
We can provide a reference for our operations.
Obtain this software