General Mills, Inc. (GIS) is experiencing a period of decline over the past months, characterized by a dominant downtrend. This trend presents an opportunity to use Fibonacci retracement to identify potential reversal levels or continuations. The company, while a staple in consumer foods globally, faces challenges in maintaining stock price stability amid market volatility.
Fibonacci Level | Price |
---|---|
0.236 | $52.74 |
0.382 | $54.67 |
0.5 | $56.725 |
0.618 | $58.78 |
0.786 | $61.52 |