SALLY BEAUTY HOLDINGS INC (SBH) Stock Technical Analysis
NYSE:SBH - New York Stock Exchange, Inc. - US79546E1047 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to SBH. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SBH is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
SBH is part of the Specialty Retail industry. There are 123 other stocks in this industry. SBH outperforms 77% of them.
In the last month SBH has a been trading in the 9.34 - 12.61 range, which is quite wide. It is currently trading near the high of this range.
SBH has an average volume of 1758190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, SBH did better than 80% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
SBH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SBH is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although SBH has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.82
14.08
We found 3 important support areas.
- A support zone ranging from 9.76 to 9.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @9.38 from a trend line in the daily time frame.
- Support @7.90 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @13.62 from a horizontal line in the weekly time frame.
- Resistance @13.94 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The short term trend for SBH is up. |
| ChartMill Relative Strength | 80.53 | POSITIVE | SBH has a high relative strength, it outperformed 80.53% 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) | UP | POSITIVE | The current price of SBH is above the rising 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) | 73.84 | OVERBOUGHT | The high RSI value suggests SBH may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests SBH has a positive trend. |
| Stochastics (14,3) | 87.72 | OVERBOUGHT | The high Stochastics value suggests SBH may be overbought. |
| Average True Range in percent/ATR (20) | 3.82 | MEDIUM VOLATILITY | The ATR as a percentage value for SBH suggests some volalility. |
| Average Directional Index/ADX (14) | 31.64 | POSITIVE | The high ADX value value for SBH suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
12.57
+0.72 (+6.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg6.08%
1 Week7.8%
2 Weeks23.72%
1 Month30.53%
3 Month37.08%
6 Month35.31%
12 Month-0.63%
2 Year23.72%
3 Year-15.52%
5 Year12.63%
10 Year-51.91%
15 Year45.65%
Volatility
ATR(14)0.51
ATR(20)%3.82%
ATR Inc26.82%
Range Today0.66
ADR(20)0.41
ADR(20)%3.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.53
Mansfield0.71
10 Day High12.61
10 Day Low9.37
20 Day High12.61
20 Day Low9.34
52 Week High14.79
52 Week Low7.54
CS1 End9.91
CR1 Start13.62
Volume & EV
DER(3)0.77%
DER(5)0.62%
Volume2.42M
Volume Incr25.71%
Vol(5)2.20M
Vol(50)1.76M