Fibonacci Calculator (Package Name: com.fibonacci.retracement.calculator) is developed by shubhlaxmi and the latest version of Fibonacci Calculator 2.1.3 was updated on January 6, 2023. Fibonacci Calculator is in the category of Finance. You can check all apps from the developer of Fibonacci Calculator and find 6 alternative apps to Fibonacci Calculator on Android. Currently this app is for free. This app can be downloaded on Android 5.0+ on APKPure.fo or Google Play. All APK/XAPK files on APKPure.fo are original and 100% safe with fast download.
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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