RKN.AU 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 | 0.59 to 0.505 | . | . | 0.595 (105.88%) |
Intermediate | 0.535 to 0.585 | . | . | 0.55 (70.00%) |
Short | 0.585 to 0.55 | . | . | 0.595 (128.57%) |