23.6%
-
38.2%
-
50.0%
-
61.8%
-
78.6%
-
When Should You Use a Fibonacci Calculator?
Use this calculator to identify key support and resistance levels within any price move. It is especially useful when:
• A stock has pulled back and you want to find entry points
• You need to set profit targets after a breakout
• You want to confirm support or resistance from other indicators
• You are planning swing trades around key technical levels
How It Works
1
Pick the Range
Identify the recent swing high and swing low on your chart.
2
Choose Direction
Select uptrend retracement if price moved up, or downtrend retracement if it moved down.
3
Read the Levels
The calculator shows five key price levels where support or resistance is most likely.
Frequently Asked Questions
Fibonacci retracement levels are horizontal lines on a chart that indicate where support and resistance are likely to occur. They are derived from the Fibonacci sequence and placed at 23.6%, 38.2%, 50%, 61.8%, and 78.6% of a price move.
The 61.8% level, known as the golden ratio, is widely considered the most important. Price often finds strong support or resistance at this level, making it the most watched by traders worldwide.
In an uptrend, look to buy near retracement support levels such as 38.2%, 50%, or 61.8%. In a downtrend, look to sell or short near retracement resistance levels. Place stop-losses just beyond the next Fibonacci level for protection.
Yes. Fibonacci retracements work on any liquid market including stocks, forex, crypto, and commodities. They are based on mathematical ratios found in nature, not market-specific behavior, so they apply universally.
Fibonacci extensions project price targets beyond the original move. Common extension levels are 127.2%, 161.8%, and 261.8%. They help identify where a trend might reach after breaking past the original high or low.