Question 1

What implications does the 10-day RSI indicator have for SBH?

Accepted Answer

The RSI Indicator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

Question 2

What does the Stochastic Oscillator suggest about SBH's trend?

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 3

How did SBH's Momentum indicator behave recently?

Accepted Answer

SBH saw its Momentum Indicator move above the 0 level on August 15, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 91 similar instances where the indicator turned positive. In 64 of the 91 cases, the stock moved higher in the following days. The odds of a move higher are at 0%.

Question 4

What does MACD indicator imply for SBH?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for SBH just turned positive on August 13, 2024. Looking at past instances where SBH's MACD turned positive, the stock continued to rise in 35 of 54 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

What is the significance of the 50-day moving average indicator for SBH?

Accepted Answer

SBH moved above its 50-day moving average on August 13, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 6

What is the significance of the 10-day moving average indicator for SBH?

Accepted Answer

The 10-day moving average for SBH crossed bullishly above the 50-day moving average on August 19, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 7 of 10 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 0%.

Question 7

What does a 3-day price advance indicate for SBH?

Accepted Answer

Following a +12.85% 3-day Advance, the price is estimated to grow further. Considering data from situations where SBH advanced for three days, in 203 of 299 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 8

What does a 3-day decline signify for SBH's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SBH declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

Question 9

What does SBH breaking above its upper Bollinger Band indicate?

Accepted Answer

SBH broke above its upper Bollinger Band on August 15, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

SBH Stock Sally Beauty Holdings (SBH, $10.59) Stochastic Oscillator left the oversold zone on May 07, 2024

Momentum Indicator for SBH turns positive, indicating new upward trend

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