The golden ratio is the universal law of nature, so this law can also be applied to the prediction of stock price rebound or fall. A stock has been down for a while, starting to bounce back. So where does the rebound come to an abrupt halt? Usually the fall depth and bounce height are in accordance with the Golden ratio: 0.382,0.5,0.618,0.809 and so on.
Manual calculation is too cumbersome to write a small software to calculate the corresponding bounce position.
In the first input box, enter the lowest point where the current bounce starts.
In the second input box, the input starts to fall at a higher position, and there may be multiple, because the process may have gone through several rises and falls.
If a price recurs like: two times around 13.06,13.54,20, you need to be cautious in this position.
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Calculate price bounce position based on golden ratio green open source software