October 14, 2025 a 05:15 am
AON: Fibonacci Analysis - Aon plc
The stock of Aon plc has shown a significant bearish trend over the past months. The trend is characterized by a series of lower highs and lower lows, indicating a persistent downward movement. This analysis aims to provide insights into potential price retracement levels using the Fibonacci technique, which is crucial for identifying possible reversal points or continuation zones.
Fibonacci Analysis
| Trend Start Date | Trend End Date | High Price (Date) | Low Price (Date) | 0.236 Level | 0.382 Level | 0.5 Level | 0.618 Level | 0.786 Level |
|---|---|---|---|---|---|---|---|---|
| 2024-12-03 | 2025-10-13 | $399.54 (2025-03-27) | $350.83 (2025-06-18) | $363.40 | $372.69 | $385.18 | $392.10 | $398.99 |
The current price of $353.36 is situated just above the 0.236 retracement level, suggesting a minor retracement from the recent downtrend. This signifies potential support around the $363.40 level in the case of further bullish momentum.
Conclusion
The stock of Aon plc is in a downward trend as evidenced by recent price movements. Fibonacci retracement levels provide key insights into potential reversal or continuation points. While currently resting above the 0.236 level, it suggests a potential for short-term support. Analysts should monitor price action around the 0.382 and 0.5 levels as potential resistance zones. Given the company's solid foundational business, any positive reversal signals should be supported by both technical indicators and fundamental analysis for a comprehensive outlook.
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