Technical analysis tool
Fibonacci Calculator
Calculate key Fibonacci retracement levels for an uptrend or downtrend using low and high prices.
Calculator
Fibonacci calculator
Enter low price, high price and trend direction to calculate key Fibonacci retracement levels.
Results are technical analysis references. Fibonacci levels alone are not sufficient for buy or sell decisions.
Fibonacci calculation formula
- Price range
- High price - low price
- Uptrend retracement level
- High price - price range × Fibonacci ratio
- Downtrend retracement level
- Low price + price range × Fibonacci ratio
- Core ratios
- 0, 0.236, 0.382, 0.500, 0.618, 0.786 and 1.000
Example Fibonacci level calculation
If the low price is 100 TRY and the high price is 150 TRY, the price range is 50 TRY. For an uptrend, the 23.6 level is 138.20 TRY, 38.2 level is 130.90 TRY, 50 level is 125.00 TRY and 61.8 level is 119.10 TRY.
Frequently asked questions
What is a Fibonacci retracement level?
Fibonacci retracement levels are technical analysis levels that indicate possible pullback zones after a price move.
Which prices are used for Fibonacci calculation?
A clear low and high price are usually used. Levels are calculated across this range depending on trend direction.
Do Fibonacci levels always work?
No. Fibonacci levels are only technical references and should not be used alone for trading decisions.