MGOL 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 | 2.102 to 15.3 | . | . | 2.14 (99.71%) |
Intermediate | 7.103 to 2.14 | 2.86 (14.51%) | . | . |
Short | 6.12 to 2.14 | 2.86 (18.09%) | . | . |