SALLY BEAUTY HOLDINGS INC (SBH) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SBH - US79546E1047 - Common Stock
Overall SBH gets a technical rating of 5 out of 10. SBH has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
SBH has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 16.60. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.33, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
13.61
We found 3 important support areas.
- A support zone ranging from 14.77 to 15.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.00 to 14.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 13.75 to 13.76. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 16.60 to 16.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for SBH is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SBH is neutral. |
| ChartMill Relative Strength | 79.19 | POSITIVE | SBH has a high relative strength, it outperformed 79.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SBH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SBH is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SBH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.69 | NEUTRAL | The RSI value for SBH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SBH has a negative trend. |
| Stochastics (14,3) | 54.47 | NEUTRAL | The Stochastics value for SBH is a neutral value. |
| Average True Range in percent/ATR (20) | 4.45 | MEDIUM VOLATILITY | The ATR as a percentage value for SBH suggests some volalility. |
| Average Directional Index/ADX (14) | 30.27 | POSITIVE | The high ADX value value for SBH suggests a strong trend. |
15.5
-0.05 (-0.32%)
SALLY BEAUTY HOLDINGS INC / SBH FAQ
What is the technical rating for SBH stock?
ChartMill assigns a technical rating of 5 / 10 to SBH.
Can you provide the trend direction for SALLY BEAUTY HOLDINGS INC?
The current trend direction for SALLY BEAUTY HOLDINGS INC (SBH) is Bullish.
What is the RSI signal for SALLY BEAUTY HOLDINGS INC (SBH) stock?
SALLY BEAUTY HOLDINGS INC (SBH) has an RSI value of 52.6947. This indicates that the stock is currently neutral.
What is the short term momentum for SBH stock?
The short term momentum for SALLY BEAUTY HOLDINGS INC (SBH) is neutral.