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Sally Beauty Hol Crosses Below its 10-day MA (SBH)

By David Diaz

Sally Beauty Hol (NYSE:SBH) crossed under its 10-day moving average of $15.77 on a volume of 760K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Sally Beauty Hol share prices have moved between a 52-week high of $21.36 and a 52-week low of $14.05 and are now trading 10% above that low price at $15.49 per share. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has declined 0.2%.

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