Fibonacci retracement is one of the most widely used technical tools by investors. It helps identify key support levels (38.2%, 50%, and 61.8%) where stocks often pause, consolidate, or reverse during pullbacks.
These levels act as high-probability buy zones for long-term value investors.
Strategy Tip: Consider using Dollar-Cost Averaging (DCA) before or at these Fibonacci levels to manage risk and improve your average entry price.
Below are the key Fibonacci support levels for popular value stocks across major sectors:
Energy Value
• XOM (ExxonMobil) — $134
• CVX (Chevron) — $168
• PBR (Petrobras) — $14
• SHEL (Shell) — $77
Mining & Metals
• FCX (Freeport-McMoRan) — $56
• VALE — $14
• RIO (Rio Tinto) — $84
• BHP — $66
• SCCO (Southern Copper) — $154
Defense & Geopolitics
• LMT (Lockheed Martin) — $540
• NOC (Northrop Grumman) — $628
• RTX (RTX Corporation) — $180
• GD (General Dynamics) — $345
• LHX (L3Harris Technologies) — $318
Financials
• JPM (JPMorgan Chase) — $269
• BAC (Bank of America) — $45
• WFC (Wells Fargo) — $73
• C (Citigroup) — $102
Dividend Income
• ABBV (AbbVie) — $199
• BTI (British American Tobacco) — $56
• MO (Altria) — $59
• VZ (Verizon) — $43
• T (AT&T) — $25
Consumer Defensives
• KO (Coca-Cola) — $71
• PEP (PepsiCo) — $146
• PG (Procter & Gamble) — $136
• PM (Philip Morris) — $155
• MDLZ (Mondelez) — $55
Healthcare Value
• JNJ (Johnson & Johnson) — $217
• MRK (Merck) — $110
• PFE (Pfizer) — $25
• BMY (Bristol-Myers Squibb) — $56
• CVS (CVS Health) — $67
Industrials
• CAT (Caterpillar) —
