SALLY BEAUTY HOLDINGS INC (SBH) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SBH - US79546E1047 - Common Stock
We assign a technical rating of 6 out of 10 to SBH. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
SBH has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
13.61
We found 4 important support areas.
- A support zone ranging from 14.82 to 15.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.45 from a trend line in the daily time frame.
- 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.
When analyzing the resistance we notice one important 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 | 84.64 | POSITIVE | SBH has a high relative strength, it outperformed 84.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SBH is above a declining 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) | 58.12 | NEUTRAL | The RSI value for SBH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests SBH has a positive trend. |
| Stochastics (14,3) | 70.12 | NEUTRAL | The Stochastics value for SBH is a neutral value. |
| Average True Range in percent/ATR (20) | 3.6 | MEDIUM VOLATILITY | The ATR as a percentage value for SBH suggests some volalility. |
| Average Directional Index/ADX (14) | 15.44 | NEGATIVE | The low ADX value for SBH suggests a weak or negative trend. |
15.75
+0.38 (+2.47%)
SALLY BEAUTY HOLDINGS INC / SBH FAQ
What is the technical rating for SBH stock?
ChartMill assigns a technical rating of 6 / 10 to SBH.
What is the trend direction for SBH stock?
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 58.1163. This indicates that the stock is currently neutral.
What is the MACD signal for SALLY BEAUTY HOLDINGS INC (SBH) stock?
The MACD indicator for SALLY BEAUTY HOLDINGS INC (SBH) has a value of 0.0743521, indicating a bearish trend.