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Shares of SBH Down 20.4% Since Downtrend Call on Shares

By David Diaz

SmarTrend identified a Downtrend for Sally Beauty Holdings (NYSE:SBH) on January 23rd, 2017 at $25.22. In approximately 3 months, Sally Beauty Holdings has returned 20.44% as of today's recent price of $20.06.

In the past 52 weeks, shares of Sally Beauty Holdings have traded between a low of $19.23 and a high of $32.93 and are now at $20.06, which is 4% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

Sally Beauty Holdings, Inc. distributes and retails beauty products. The Company distributes products directly to salons, and retails beauty products through a chain of cash and carry stores.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Sally Beauty Holdings.

Log in and add Sally Beauty Holdings (SBH) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights sally beauty holdings

Ticker(s): SBH