SALLY BEAUTY HOLDINGS INC (SBH) Stock Technical Analysis
NYSE:SBH - New York Stock Exchange, Inc. - US79546E1047 - Common Stock - Currency: USD
Overall SBH gets a technical rating of 6 out of 10. In the last year, SBH was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
SBH has an average volume of 1786500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, SBH outperforms 61% of them, which is more or less in line with the market.
SBH is part of the Specialty Retail industry. There are 122 other stocks in this industry, SBH did better than 62% of them.
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.
In the last month SBH has a been trading in the 8.66 - 10.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
7.80
13.76
We found 3 important support areas.
- A support zone ranging from 9.21 to 9.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.05 from a trend line in the daily time frame.
- Support @7.88 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 10.16 to 10.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.62 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 | NEUTRAL | NEUTRAL | The long term trend for SBH is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SBH is neutral. |
| ChartMill Relative Strength | 61.3 | NEUTRAL | SBH is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of SBH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.26 | NEUTRAL | The RSI value for SBH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SBH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.7 | NEUTRAL | The Stochastics value for SBH is a neutral value. |
| Average True Range in percent/ATR (20) | 3.71 | MEDIUM VOLATILITY | The ATR as a percentage value for SBH suggests some volalility. |
| Average Directional Index/ADX (14) | 23.49 | NEUTRAL | The ADX value for SBH suggests a possible start of a new 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)
10.11
+0.77 (+8.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg8.24%
1 Week4.98%
2 Weeks1.71%
1 Month13.09%
3 Month29.78%
6 Month-8.17%
12 Month-10.85%
2 Year-15.54%
3 Year-20.89%
5 Year-12.92%
10 Year-66.06%
15 Year6.87%
Volatility
ATR(14)0.38
ATR(20)%3.71%
ATR Inc75.49%
Range Today0.74
ADR(20)0.36
ADR(20)%3.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.3
Mansfield-1.27
10 Day High10.32
10 Day Low9.34
20 Day High10.37
20 Day Low8.66
52 Week High14.79
52 Week Low7.54
CS1 End9.33
CR1 Start10.16
Volume & EV
DER(3)3.28%
DER(5)0.18%
Volume2.38M
Volume Incr-8.68%
Vol(5)1.60M
Vol(50)1.79M