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Bullish Moving Average Cross by Sally Beauty Hol (SBH)

By James Quinn

Sally Beauty Hol (NYSE:SBH) crossed over its 10-day moving average of $12.79 on a volume of 358K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Sally Beauty Hol have traded between a low of $11.46 and a high of $23.61 and are now at $13.01, which is 14% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.1% while the 200-day MA has slid 0.5%.

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