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MHF Fibonacci Analysis

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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 FrameTrend38.2%50%61.8%
Long 7.05 to 7.52 7.49 (6.38%) . .
Intermediate 7.28 to 7.52 7.49 (12.50%) . .
Short 7.42 to 7.52 7.49 (30.00%) . .
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