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Sally Beauty Holdings Bullish Moving Average Crossover Alert (SBH)

By David Diaz

Today, shares of Sally Beauty Holdings (NYSE:SBH) have advanced above their 10-day MA of $25.62 on a volume of 151K 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 Holdings have traded between a low of $21.94 and a high of $32.93 and are now at $25.78, which is 18% above that low price. The 200-day and 50-day moving averages have moved 0.06% higher and 0.07% higher over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Sally Beauty Holdings. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Sally Beauty Holdings in search of a potential trend change.

Keywords: moving crosses sally beauty holdings

Ticker(s): SBH