MFEM 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 | 19.64 to 16.86 | . | . | 21.2 (156.12%) |
| Intermediate | 18.69 to 19.906 | 21.2 (-106.41%) | . | . |
| Short | 19.906 to 20.91 | . | 20.3845 (52.34%) | . |