MLPX 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 | 50.37 to 64.5 | . | 58.22 (44.44%) | . |
Intermediate | 56.45 to 64.5 | . | . | 58.22 (78.01%) |
Short | 64.5 to 58.22 | . | 61.87 (58.12%) | . |