COVTY 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 | 29.29 to 34.3 | 34.055 (4.89%) | . | . |
| Intermediate | 32.28 to 34.3 | 34.055 (12.13%) | . | . |
| Short | 33.52 to 35.55 | 35.23 (15.76%) | . | . |