Fibonacci Calculator

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This tool allows you to generate basic Fibonacci retracement values in both up and down trends, by entering the high and low values of your choice. This is a powerful tool for predicting approximate price targets.

Fibonacci retracement is a very popular tool among technical traders and is based on the key numbers identified by mathematician Leonardo Fibonacci in the thirteenth century. However, Fibonacci's sequence of numbers is not as important as the mathematical relationships, expressed as ratios, between the numbers in the series. In technical analysis, Fibonacci retracement is created by taking two extreme points (usually a major peak and trough) on a stock chart and dividing the vertical distance by the key Fibonacci ratios of 23.6%, 38.2%, 50%, 61.8% and 100%. Once these levels are identified, horizontal lines are drawn and used to identify possible support and resistance levels.
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Additional Information

Updated
October 14, 2016
Size
1.9M
Installs
10,000+
Current Version
0.0.2
Requires Android
4.0 and up
Content Rating
Everyone
Permissions
Offered By
Shubhlaxmi
Developer
Sunil Niwas, M.P.Road Vishnu Nagar 421202 Mumbai
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