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Sally Beauty Holdings Crosses Above its 10-day MA (SBH)

By Shiri Gupta

Sally Beauty Holdings (NYSE:SBH) shares have crossed bullishly above their 10-day moving average of $28.69 on a volume of 129K 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.

Over the past year, Sally Beauty Holdings has traded in a range of $21.94 to $32.93 and is now at $28.91, 32% above that low. 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