MGTX 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 | 8.56 to 5.02 | . | . | 7.26 (63.28%) |
| Intermediate | 8.56 to 5.02 | . | . | 7.26 (63.28%) |
| Short | 5.02 to 7.32 | . | . | 5.41 (83.04%) |