Fibo - Fibonacci Calculator 1.1

Facilitate the calculation of Fibonacci retracement levels effortlessly. Simply input the high and low value interval to obtain the current value ratio and key levels including 23.6%, 38.2%, 50%, 61.8%, and 76.4%.

What Are Fibonacci Retracement Levels?

Fibonacci retracement is a technical analysis term that denotes specific areas where assets may find support (preventing further declines) or resistance (hindering further advances). These levels are identified using horizontal lines to designate crucial Fibonacci levels, halting the trend before it resumes in its original direction. To determine these levels, a trendline is drawn between the high and low values, with the vertical distance segmented based on essential Fibonacci percentages – 23.6%, 38.2%, 50%, 61.8%, and 100%.