MITFY 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 | 6.57 to 5.33 | 5.79 (37.10%) | . | . |
Intermediate | 6.52 to 5.33 | 5.79 (38.66%) | . | . |
Short | 6.4635 to 5.33 | . | 5.79 (40.58%) | . |