CNER 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 | to 0.03 | . | . | 0.0016 (94.67%) |
| Intermediate | 0.018 to 0.0016 | . | . | 0.0137 (73.78%) |
| Short | 0.0016 to 0.0137 | . | . | 0.002 (96.69%) |