ARX.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 | 0.655 to 0.44 | . | 0.565 (58.14%) | . |
Intermediate | 0.64 to 0.44 | . | . | 0.565 (62.50%) |
Short | 0.47 to 0.565 | . | 0.525 (42.11%) | . |