Fibonacci Retracement Quiz

Who is credited with discovering the Fibonacci numbers?

• Albert Einstein

• Isaac Newton

• Leonardo Pisano Bogollo

• Galileo Galilei

What is the ratio when any number in the Fibonacci series is divided by the previous number?

• 3.142

• 2.236

• 1.618

• 1.414

What is the percentage equivalent of the ratio 0.618?

• 50.0%

• 38.2%

• 61.8%

• 23.6%

In the Fibonacci series, what is the ratio when a number is divided by its immediate succeeding number?

• 0.236

• 0.382

• 0.618

• 0.500

What is the percentage equivalent of the ratio 0.382?

• 50.0%

• 23.6%

• 38.2%

• 61.8%

How can Fibonacci retracement levels be applied in stock charts?

• To analyze company financial statements

• To calculate dividend yields

• To predict future stock prices

• To identify potential retracement levels

What is the first step in constructing Fibonacci retracement levels?

• Identify the immediate peak and trough

• Plot the Fibonacci retracement levels

• Select the Fibonacci retracement tool

• Connect the trough and the peak

What should a trader do before initiating a trade at a Fibonacci retracement level?

• Check the weather forecast

• Look for recognizable candlestick patterns

• Calculate the company's P/E ratio

• Study historical political events

What is the Fibonacci retracement level when a stock retraces back 38.2% after a 50 points move?

• 61.8%

• 38.2%

• 50.0%

• 23.6%

What is the Fibonacci retracement level when a stock retraces back to Rs.162 after a down move from Rs.187 to Rs.120.6?

• 23.6%

• 61.8%

• 50.0%

• 38.2%