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FNMAN 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 14.2 to 23.48 22.68 (8.62%) . .
Intermediate 17.01 to 23.48 22.68 (12.36%) . .
Short 18.03 to 23.48 22.68 (14.68%) . .
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