SALLY BEAUTY HOLDINGS INC (SBH) Technical Analysis
NYSE:SBH • US79546E1047
Current stock price
SBH Technical Rating and Analysis
Taking everything into account, SBH scores 4 out of 10 in our technical rating. Although SBH is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Looking at the yearly performance, SBH did better than 83% of all other stocks.
- SBH is one of the better performing stocks in the Specialty Retail industry, it outperforms 85% of 122 stocks in the same industry.
- In the last month SBH has a been trading in the 12.71 - 14.60 range, which is quite wide. It is currently trading near the high of this range.
- SBH has an average volume of 1639830 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.
- 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.
SBH Weekly and Daily overview Charts
SBH Setup Rating and Analysis
Although the technical rating is only medium, SBH does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 13.45, a Stop Loss order could be placed below this zone.
More info and screens
SBH Support and Resistance Analysis
12.98
When analyzing the support we notice one important area.
- A support zone ranging from 13.11 to 13.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 14.14 to 14.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 14.45 to 14.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | 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 | 83.78 | POSITIVE | SBH has a high relative strength, it outperformed 83.78% 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) | 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) | 49.46 | NEUTRAL | The RSI value for SBH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests SBH has a positive trend. |
| Stochastics (14,3) | 69.14 | NEUTRAL | The Stochastics value for SBH is a neutral value. |
| Average True Range in percent/ATR (20) | 4.25 | MEDIUM VOLATILITY | The ATR as a percentage value for SBH suggests some volalility. |
| Average Directional Index/ADX (14) | 11.47 | 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
14.13
-0.01 (-0.07%)
SALLY BEAUTY HOLDINGS INC / SBH TA FAQ
What is the technical rating for SBH stock?
ChartMill assigns a technical rating of 4 / 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 49.4621. 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 neutral.
Can you provide the support and resistance levels for SALLY BEAUTY HOLDINGS INC?
SALLY BEAUTY HOLDINGS INC (SBH) has a support level at 13.45 and a resistance level at 14.14. Check the full technical report for our detailed analysis of SBH support and resistance levels.