Harmonically Related Cycles in IBM Share Price

First published: 2010

Brief summary

CRI blog post applying harmonic cycle analysis to IBM share price.

Article

Harmonically Related Cycles in IBM Share Price

Posted by Ray Tomes

Some Background

J M Hurst referred to nominal cycles of 40, 20, 10 and 5 days in share prices. To this day many people use 5 and 20 day moving averages based on his findings. He used other longer cycles also and his cycles were all harmonically related by ratios of 1:2 and 1:3.

Edward Dewey also mentioned many cycles related by 1:2 and 1:3 ratios, but generally with somewhat longer periods.

Additional summary

The remainder discusses harmonic cycle relationships in IBM share price and connects Hurst, Dewey and Gann-style market-cycle traditions.

Source details and credits

• Source / publisher: CRI Blog / Ray Tomes
• Source type: Blog post
• URL type: WWW
• Credits: CRI Blog / Ray Tomes
• URL: https://cyclesresearchinstitute.wordpress.com/2010/06/27/harmonically-related-cycles-in-ibm-share-price/