Elliott wave and Fibonacci level mutual relationship and applying in a stock market
The main purpose of this article is to evaluate at what Fibonacci level mostly the price changes, which coincides with the Elliott wave peaks. The paper analyzes the Elliott wave and Fibonacci level mutual relationship theories which could affect the investor’s decisions. After research, it was esti...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Vilnius Gediminas Technical University
2011-11-01
|
| Series: | Business: Theory and Practice |
| Subjects: | |
| Online Access: | https://journals.vgtu.lt/index.php/BTP/article/view/8690 |
| _version_ | 1827362793166209024 |
|---|---|
| author | Simas Baranauskas |
| author_facet | Simas Baranauskas |
| author_sort | Simas Baranauskas |
| collection | DOAJ |
| description | The main purpose of this article is to evaluate at what Fibonacci level mostly the price changes, which coincides with the Elliott wave peaks. The paper analyzes the Elliott wave and Fibonacci level mutual relationship theories which could affect the investor’s decisions. After research, it was estimated that on the Lithuanian and U.S. stock markets at 61.8% Fibonacci level shares direction usually changed. Other important Fibonacci levels are estimated.
Elioto bangų ir Fibonačio lygių tarpusavio sąryšio taikymas akcijų rinkose
Santrauka
Pagrindinis šio straipsnio tikslas – įvertinti, ties kokiu Fibonačio lygiu dažniausia įvyksta Elioto bangų krypties pasikeitimas, kuris kartu sutampa ir su Elioto bangų viršūnėmis. Straipsnyje analizuojamas Elioto bangų ir Fibončio teorijų tarpusavio sąryšis, kuris gali turėti įtakos investuotojo priimamiems sprendimams, nagrinėjamos teorijos. Atlikus tyrimą, buvo apskaičiuota, kad tiek Lietuvos, tiek JAV biržoje ties Fibonačio 61,8 % lygiu dažniausiai akcijų kryptis pasikeisdavo. Nustatyti kiti svarbūs Fibonačio lygmenys.
Reikšminiai žodžiai: akcija, Elioto bangos, Fibonačio lygiai, palaikymas, pasipriešinimas, NASDAQ OMXV. |
| first_indexed | 2024-03-08T07:34:35Z |
| format | Article |
| id | doaj.art-d1e3b4601c6f4d8884291c8388afc9b4 |
| institution | Directory Open Access Journal |
| issn | 1648-0627 1822-4202 |
| language | English |
| last_indexed | 2024-03-08T07:34:35Z |
| publishDate | 2011-11-01 |
| publisher | Vilnius Gediminas Technical University |
| record_format | Article |
| series | Business: Theory and Practice |
| spelling | doaj.art-d1e3b4601c6f4d8884291c8388afc9b42024-02-02T19:38:06ZengVilnius Gediminas Technical UniversityBusiness: Theory and Practice1648-06271822-42022011-11-01124Elliott wave and Fibonacci level mutual relationship and applying in a stock marketSimas Baranauskas0Independent researcher, Babinių Sodų 25-oji g. 32, LT-08456 Vilnius, LithuaniaThe main purpose of this article is to evaluate at what Fibonacci level mostly the price changes, which coincides with the Elliott wave peaks. The paper analyzes the Elliott wave and Fibonacci level mutual relationship theories which could affect the investor’s decisions. After research, it was estimated that on the Lithuanian and U.S. stock markets at 61.8% Fibonacci level shares direction usually changed. Other important Fibonacci levels are estimated. Elioto bangų ir Fibonačio lygių tarpusavio sąryšio taikymas akcijų rinkose Santrauka Pagrindinis šio straipsnio tikslas – įvertinti, ties kokiu Fibonačio lygiu dažniausia įvyksta Elioto bangų krypties pasikeitimas, kuris kartu sutampa ir su Elioto bangų viršūnėmis. Straipsnyje analizuojamas Elioto bangų ir Fibončio teorijų tarpusavio sąryšis, kuris gali turėti įtakos investuotojo priimamiems sprendimams, nagrinėjamos teorijos. Atlikus tyrimą, buvo apskaičiuota, kad tiek Lietuvos, tiek JAV biržoje ties Fibonačio 61,8 % lygiu dažniausiai akcijų kryptis pasikeisdavo. Nustatyti kiti svarbūs Fibonačio lygmenys. Reikšminiai žodžiai: akcija, Elioto bangos, Fibonačio lygiai, palaikymas, pasipriešinimas, NASDAQ OMXV.https://journals.vgtu.lt/index.php/BTP/article/view/8690Elliott waveFibonacci levelsNASDAQ OMXVresistancesharesupport |
| spellingShingle | Simas Baranauskas Elliott wave and Fibonacci level mutual relationship and applying in a stock market Business: Theory and Practice Elliott wave Fibonacci levels NASDAQ OMXV resistance share support |
| title | Elliott wave and Fibonacci level mutual relationship and applying in a stock market |
| title_full | Elliott wave and Fibonacci level mutual relationship and applying in a stock market |
| title_fullStr | Elliott wave and Fibonacci level mutual relationship and applying in a stock market |
| title_full_unstemmed | Elliott wave and Fibonacci level mutual relationship and applying in a stock market |
| title_short | Elliott wave and Fibonacci level mutual relationship and applying in a stock market |
| title_sort | elliott wave and fibonacci level mutual relationship and applying in a stock market |
| topic | Elliott wave Fibonacci levels NASDAQ OMXV resistance share support |
| url | https://journals.vgtu.lt/index.php/BTP/article/view/8690 |
| work_keys_str_mv | AT simasbaranauskas elliottwaveandfibonaccilevelmutualrelationshipandapplyinginastockmarket |