SALLY BEAUTY HOLDINGS INC (SBH) Technical Analysis
NYSE:SBH • US79546E1047
Current stock price
SBH Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to SBH. SBH has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month SBH has a been trading in the 12.71 - 15.40 range, which is quite wide. It is currently trading near the lows of this range.
- SBH is one of the better performing stocks in the Specialty Retail industry, it outperforms 78% of 123 stocks in the same industry.
- SBH has an average volume of 1672180 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 78% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- SBH is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SBH is lagging the market slightly.
SBH Weekly and Daily overview Charts
SBH Setup Rating and Analysis
SBH has a poor technical rating and the quality of the setup is also not perfect 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
SBH Support and Resistance Analysis
13.15
When analyzing the support we notice one important area.
- A support zone ranging from 13.28 to 13.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 14.07 to 14.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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.
SBH Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for SBH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SBH is down. |
| ChartMill Relative Strength | 78.35 | POSITIVE | SBH has a high relative strength, it outperformed 78.35% 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) | DOWN | NEGATIVE | The current price of SBH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SBH is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.51 | NEUTRAL | The RSI value for SBH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SBH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 41.1 | NEUTRAL | The Stochastics value for SBH is a neutral value. |
| Average True Range in percent/ATR (20) | 4.83 | MEDIUM VOLATILITY | The ATR as a percentage value for SBH suggests some volalility. |
| Average Directional Index/ADX (14) | 13.79 | NEGATIVE | The low ADX value for SBH suggests a weak or negative trend. |
SBH Chart- and CandleStick Pattern Analysis
SBH Technicals: Chart, Performance Metrics, Trend & Indicators
13.29
-0.87 (-6.14%)
SALLY BEAUTY HOLDINGS INC / SBH TA FAQ
What is the technical rating for SBH stock?
ChartMill assigns a technical rating of 1 / 10 to SBH.
What is the trend direction for SBH stock?
The current trend direction for SALLY BEAUTY HOLDINGS INC (SBH) is Bearish.
Can you provide the RSI signal for SALLY BEAUTY HOLDINGS INC?
SALLY BEAUTY HOLDINGS INC (SBH) has an RSI value of 37.5111. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SALLY BEAUTY HOLDINGS INC?
The short term momentum for SALLY BEAUTY HOLDINGS INC (SBH) is negative.
Can you provide the support and resistance levels for SALLY BEAUTY HOLDINGS INC?
SALLY BEAUTY HOLDINGS INC (SBH) has a support level at 13.28 and a resistance level at 14.07. Check the full technical report for our detailed analysis of SBH support and resistance levels.