Definitions for "Fibonacci Numbers"
A set of numbers formed by adding the last two numbers to get the next in the series: 0, 1, 1, 2, 3, 5, 8, 13. Named for Leonardo of Pisa, an Italian mathematician of the Middle Ages, who called himself Fibonacci, short for filius Bonacci which means "son of Bonacci". The original problem he investigated in1202 A.D. was about how fast rabbits could breed under ideal circumstances. His research led to the construction of this unique set of numbers.
A sequence of numbers that begins with 1, and each number that follows is the sum of the previous two numbers, i.e. 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144.
A number sequence discovered by a Mathematician. It is used in Technical Analysis to determine Price objectives from percentage retracements of a market.
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