Fibonacci

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MarketWatch  Dec 4  Comment 
GE’s stock has fallen toward an important Fibonacci retracement chart level, which could provide important long-term support, as recent near-term technical developments suggest the worst may be over.
The Hindu Business Line  Sep 30  Comment 
The number sequence of Leonardo Fibonacci has an uncanny ability to influence financial markets. Lokeshwarri S K offers a peek into this wonderland
SeekingAlpha  Jun 12  Comment 
Insurance Journal  Jan 4  Comment 
Renaissance Reinsurance Ltd. announced the formation of Fibonacci Reinsurance Ltd., a special purpose insurer domiciled in Bermuda. Fibonacci Re was formed to provide collateralized capacity to Renaissance Reinsurance, the principal Bermuda-based...
MarketWatch  Nov 29  Comment 
Bank of America's Corp.'s stock has how soared nearly 20% since the election, has nearly doubled off its February low, and has rocketed more than six-fold off its financial-crisis low, but it still has a long way to go before it satisfies the...
The Hindu Business Line  Nov 20  Comment 
The Indian stock market, for instance, the Nifty 50 was tumbling from its 2015 peak of 9,119.2 on the back of global slowdown and fear of interest rate hike from the US. The index plummeted 25 per...
Benzinga  Aug 23  Comment 
Technical analysts often use Fibonacci retracement levels as targets when trading stocks. The key Fibonacci numbers are ratios derived from the Fibonacci series. A Fibonacci series starts with 0 and 1 and then each successive number is the sum of...




 
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Fibonacci

The Fibonacci sequence of numbers is as follows: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, etc. [1] Each number in this sequence is simply the sum of the two preceding numbers, and sequence continues infinitely.

Fibonacci's sequence of numbers is not as important as the mathematical relationships, expressed as ratios, between the numbers in the series. For reasons that are unclear, these ratios seem to play an important role in the stock market, just as they do in nature, and can be used to determine critical points that cause an asset's price to reverse. [2]

From Leonardo Fibonacci (1170 - 1250AD), The Italian mathematician who discovered the series.

References

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