What is the logic behind golden Mean – Fibonacci Series?

[Mohammed Arshath Ali]

The golden mean is 61.8% which is a percentage that we acquire by dividing two consecutive numbers in the Fibonacci series.

This ratio helps in identifying lines in the stock price movement that help in finding support and resistance levels.

[Leena Nathan]

Fibonacci sequence ,named after its Italian founder, Leonardo Fibonacci.Each term in this sequence is simply the sum of the two preceding terms (1,1,2,3,5,8,13,etc.)The quotient of the adjacent terms that possesses an amazing proportion,roughly,1.618 or its inverse 0.618,This is known as golden mean.This number is important because almost everything has dimensional properties that adhere to the ratio of 1.618 , so it seems to have a  fundamental function for the building blocks of nature.

 

[Supriya Rayabhagi]

Fibonacci series is a sequence of numbers starting with 0 and 1. Fibonacci number series is as follows 0,1,1,2,3,5,8,13,21,34,55,89,144,233 etc. Each number is the sum of the two previous number and the sequence continues infinitely. Characteristics of this numerical sequence are that each number is approximately 1.618 times greater than the preceding number.

The Fibonacci ratio or the golden mean is derived by dividing one number in the series by the number that follows it Ex:8/13=0.6153 and 21/34=0.617.

[Shiva]

Fibonacci series is the sequence of numbers starting from 0 to 1 and each number is the sum of the previous number and it goes infinitely. The characteristic of this is each number is 1.618 greater than the preceding number and this ratio is Fibonacci ratio or the golden mean.

 

[Hema]

The key Fibonacci ratio of 61.8% – also referred to as “the golden ratio” or “the golden mean” – is found by dividing one number in the series by the number that follows it. For example: 8/13 = 0.6153, and 55/89 = 0.6179.

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