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Bullish Moving Average Cross by Sally Beauty Hol (SBH)

By Shiri Gupta

Sally Beauty Hol (NYSE:SBH) crossed over its 10-day moving average of $16.34 on a volume of 288K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Sally Beauty Hol share prices have been bracketed by a low of $14.05 and a high of $30.73 and are now at $16.50, 17% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.

SmarTrend is tracking the current trend status for Sally Beauty Hol and will alert subscribers who have SBH in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses sally beauty hol

Ticker(s): SBH