SALLY BEAUTY HOLDINGS INC (SBH) Stock Technical Analysis
USA - NYSE:SBH - US79546E1047 - Common Stock
We assign a technical rating of 7 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 excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 14.91, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SBH in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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13.86
When analyzing the support we can see 3 important areas.
- A support zone ranging from 14.82 to 14.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @14.34 from a trend line in the daily time frame.
- A support zone ranging from 14.00 to 14.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 87.91 | POSITIVE | SBH has a high relative strength, it outperformed 87.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SBH is below 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) | 50.04 | NEUTRAL | The RSI value for SBH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests SBH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.4 | NEUTRAL | The Stochastics value for SBH is a neutral value. |
| Average True Range in percent/ATR (20) | 3.92 | MEDIUM VOLATILITY | The ATR as a percentage value for SBH suggests some volalility. |
| Average Directional Index/ADX (14) | 22.15 | NEUTRAL | The ADX value for SBH suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 15.69 | 14.81 | 0.88 (5.58%) | 17.93% |
| An entry @15.69. This is a Buy Stop order right above the 10 day high. | An exit @14.81. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.88 points, which is 5.58%. | When investing 17.93% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of SBH. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
15.06
+0.17 (+1.14%)
SALLY BEAUTY HOLDINGS INC / SBH FAQ
What is the technical rating for SBH stock?
ChartMill assigns a technical rating of 7 / 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 50.0406. 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.