MITK 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 | 13.41 to 7.41 | . | . | 11.45 (67.33%) |
| Intermediate | 8.66 to 11.46 | . | 9.8 (59.29%) | . |
| Short | 11.46 to 9.78 | 10.37 (35.12%) | . | . |