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Fibonacci retracement calculator
Pullback levels and extension targets from a swing high and low.
Retracements are possible support on a pullback.
61.8% retracement
$101.02
- Range
- $7.25 (7.38%)
| Level | Price | From high | Copy |
|---|---|---|---|
| 261.8%Extension | $117.23 | +11.1% | |
| 200%Extension | $112.75 | +6.9% | |
| 161.8%Extension | $109.98 | +4.2% | |
| 127.2%Extension | $107.47 | +1.9% | |
| Swing high | $105.50 | - | |
| 23.6% | $103.79 | -1.6% | |
| 38.2% | $102.73 | -2.6% | |
| 50% | $101.88 | -3.4% | |
| 61.8% | $101.02 | -4.2% | |
| 78.6% | $99.80 | -5.4% | |
| Swing low | $98.25 | -6.9% |
How Fibonacci retracement works
Fibonacci retracement marks where a pullback may stop, as a share of the move before it. Extensions project where the move may go next.
Uptrend level = High - (High - Low) x Ratio
An example
A stock rises from $98.25 to $105.50, a range of $7.25. The 61.8% retracement is 105.50 - 7.25 x 0.618 = $101.02. The 161.8% extension is 98.25 + 7.25 x 1.618 = $109.98.
Questions
What is Fibonacci retracement in trading?
A way to mark possible support and resistance during a pullback. It takes a price move and draws levels at 23.6%, 38.2%, 50%, 61.8% and 78.6% of it, where traders watch for the pullback to stop and the trend to resume.
How do you calculate Fibonacci retracement levels?
Take the range (high - low) and multiply it by each ratio. In an uptrend, subtract the result from the high. In a downtrend, add it to the low.
Why is 61.8% called the golden ratio?
Dividing a Fibonacci number by the next one approaches 0.618, as in 89 / 144. Many traders watch this level closely, and that attention is the main reason it matters.
What is the difference between retracements and extensions?
Retracements mark possible pullback levels inside the move. Extensions project possible targets beyond it, at ratios such as 127.2%, 161.8%, 200% and 261.8%.
Which Fibonacci levels do traders watch most?
38.2%, 50% and 61.8% for retracements, and 161.8% for extension targets. Many traders look for a level that lines up with other support or resistance, such as a moving average or an earlier high.
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For education only, not financial advice. Results depend on the numbers you enter.