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 | 6.98 to 11.39 | . | 9.18 (50.11%) | . |
| Intermediate | 11.39 to 9.14 | . | 10.35 (53.78%) | . |
| Short | 9.45 to 10.39 | . | . | 9.56 (88.30%) |