Event Hospitality And Entertainment (EVT)

Download button icon Download

Event Hospitality And Entertainment (EVT): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Event Hospitality And Entertainment (EVT.AX)


Indicator:

FIBONACCI FANS


Signal Strength: MEDIUM
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading position.


Event Hospitality And Entertainment (ASX:EVT) : The current Fibonacci Fan levels are:
(23.61%) $17.94
: (38.2%) $18.3
: (50%) $18.6
: (61.8%) $18.89

The current support levels are:
(78.6%) $19.3
(100%) $19.83
(138.2%) $20.77
(161.8%) $21.35
(261.8%) $23.82
(423.61%) $27.8



Fibonacci Fan lines are trend lines based on Fibonacci retracement points. Rising fan lines extend up from a trough and pass through retracement based on the advance (trough to peak). These fan lines can then be used to estimate support levels or potential reversal zones. Falling fan lines extend down from a peak and pass through retracements based on the decline (peak to trough). These fan lines can then be used to estimate resistance levels or potential reversal zones. This article will explain the Fibonacci ratios and provide examples using Fibonacci Fans to project support and resistance.

Calculation: Fibonacci Fans:
1) Uptrend Fan line 1: Drawn from extreme low through 23.6% retracement level on “invisible” vertical line;
a) Fan line 2: Drawn from extreme low through 38.2% retracement level on “invisible” vertical line;
b) Fan line 3: Drawn from extreme low through 50% retracement level on “invisible” vertical line Fan line;
c) Drawn from extreme low through 61.8% retracement level on “invisible” line;
2)Downtrend Fan line 1: Drawn from extreme high through 23.6% retracement level on “invisible” vertical line;
a) Fan line 2: Drawn from extreme high through 38.2% retracement level on “invisible” vertical line;
b) Fan line 3: Drawn from extreme high through 50% low retracement level on “invisible” vertical line;
c) Fan line 4: Drawn from extreme high through 61.8% retracement level on “invisible” vertical line;


PROFILE: Event Hospitality And Entertainment (EVT.AX)


Stock Exchange: ASX
Company: Event Hospitality And Entertainment
Ticker Codes: | EVT.AX | ASX:EVT |

About Event Hospitality And Entertainment (ASX:EVT):

Event Hospitality & Entertainment Limited operates as an entertainment, hospitality, and leisure company in Australia, New Zealand, Fiji, and Germany. The company operates through Entertainment Australia, Entertainment New Zealand, Entertainment Germany, Hotels and Resorts, Thredbo Alpine Resort, and Property and Other Investments segments. It is involved in cinema exhibition operations under the Event Cinemas, Moonlight Cinemas, CineStar Cinemas, and Greater Union & Birch Carroll & Coyle Cinemas brands; and the operation of Cine Buzz Rewards, a movie loyalty program, as well as State Theatre, a 2,000-seat theatre located in Sydney. The company also supplies cinema technology solutions to the industry in digital and electronic cinema, and film projection portfolios; owns, operates, and manages hotels and resorts under the Eventhouse, Rydges, Atura, Thredbo Alpine, and QT brands; and operates Priority Guest Rewards, a hotel and resort rewards program. In addition, it develops and invests in properties; and invests in shares of listed and unlisted companies. The company was formerly known as Amalgamated Holdings Limited and changed its name to Event Hospitality & Entertainment Limited in December 2015. Event Hospitality & Entertainment Limited was founded in 1910 and is headquartered in Sydney, Australia.

Top 10:

Fibonacci Fans

Download button icon Download
Company Close Change (%) Volume Value Signal
MLD Maca 0.98 12 3,698,813 -0.65 BEARISH
BBN Baby Bunting 2.2 10.8 535,378 -1.07 BEARISH
ASL Ausdrill 1.53 7.4 3,128,632 -0.61 BEARISH
GCY Gascoyne Resources 0.11 6.1 9,622,960 -0.32 BEARISH
GTN GTN Resources 2.12 5.5 214,772 -1.06 BEARISH
VAH Virgin Australia Holdings 0.21 5.1 140,692 -0.04 BEARISH
EVO Evolve Education 0.42 3.8 205,968 -0.13 BEARISH
OSP Osprey Medical 0.14 3.7 64,313 -0.13 BEARISH
IRI Integrated Research 2.45 3.4 239,672 -2.13 BEARISH
FIG Freedom Insurance 0.06 3.4 251,361 -0.08 BEARISH
back to top