Hims & Hers Update

Hims & Hers Update
1 hour

Hims & Hers has activated our Fibonacci buying zone

In our previous analysis update, we defined a Fibonacci retracement zone that represents prime buying and accumulation levels for the Hims & Hers stock (https://monalytics.org/hims-hers-update/). This retracement zone is defined as follows:

  • 61.8% at $19.02
  • 78.6% at $16.70
  • 88.7% at $15.30

Hims & Hers has now touched the 61.8% level, thereby activating this zone. From our perspective, this represents a second buying opportunity at still relatively low price levels, aligning with our long-term analysis.

We expect that the current correction—following the completion of dark blue wave 1 and forming dark blue wave 2—will find its bottom within this zone. The stock has only briefly entered this area but has already shown strong short-term bullish momentum, rebounding directly to the upside with a gain of approximately +5.82% from the upper boundary of our defined zone.

At this stage, it remains to be seen whether this short-term bullish momentum is sustainable and in line with our broader long-term expectations from our Analysis we shared on 3 March 2026 (https://monalytics.org/hims-hers-health-hims-ew-analysis/). For the short term, however, we have defined price targets for the upcoming dark blue wave 3.

If our Fibonacci buying zone holds and the market moves above the high of dark blue wave 1, we will consider the retracement zone successfully completed and expect a continuation toward our defined Fibonacci extension target zone. This target zone is defined as:

  • 161.8% at $41.02
  • 200% at $46.30
  • 261.8% at $54.85

This zone should be viewed as a guideline for the potential development of the upcoming bullish dark blue wave 3.

If any structural changes occur, or if Hims & Hers invalidates our current Fibonacci retracement zone, we will provide an immediate update.

Kind regards,
Monalytics

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