November 09, 2025 a 11:44 am
CL: Fibonacci Analysis - Colgate-Palmolive Company
Colgate-Palmolive Company has shown a declining trend over the analyzed period, indicating potential bearish market conditions. The recent price movements suggest caution for investors, as they navigate potential retracements and support levels. It's important to assess the next significant price movements before making any trading decisions, especially in light of the current competitive consumer product market.
Fibonacci Analysis
| Description | Details |
|---|---|
| Start Date | 2024-12-02 |
| End Date | 2025-11-07 |
| High Price | $97.11 (2024-12-02) |
| Low Price | $74.98 (2025-11-03) |
| Fibonacci Level | Price |
|---|---|
| 0.236 | $89.66 |
| 0.382 | $86.24 |
| 0.5 | $86.05 |
| 0.618 | $82.44 |
| 0.786 | $78.82 |
The current price of $78.76 is in the 0.786 retracement zone, suggesting significant potential resistance or support at this level.
This level could serve as strong support, and a break below could lead to further declines. Conversely, a bounce may signal a potential reversal.
Conclusion
In summary, the Colgate-Palmolive Company stock is in a key retracement zone, reflecting the recent bearish trend. Given the broader market conditions and competitive pressures, caution is recommended. While the 0.786 Fibonacci level may offer support, a breach could accelerate downward momentum. Conversely, a reversal could present a compelling buying opportunity. Investors should remain vigilant, leveraging both technical and fundamental analyses in their decision-making processes.