SALLY BEAUTY HLD. - Daily - Technical analysis published on 12/27/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
22%
28%
50%
My opinion
Bullish above 17.43 USD
My targets
19.44 USD (+7.82%)
21.82 USD (+21.02%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on SALLY BEAUTY HLD.. As long as you are above the support located at 17.43 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 19.44 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 21.82 USD as an objective. Crossing it would then enable buyers to target 22.62 USD. If the support 17.43 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
FORCE
0
10
2.3
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
SALLY BEAUTY HLD. rating 18.03 USD. The price is lower by -1.21% since the last closing with the lowest point at 17.96 USD and the highest point at 18.37 USD. The deviation from the price is +0.39% for the low point and -1.85% for the high point.17.96
18.37
18.03
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by SALLY BEAUTY HLD.:
Technical
Technical analysis of this Daily chart of SALLY BEAUTY HLD. indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
RSI indicator is back under 50
Type : Bearish
Timeframe : Daily
MACD indicator is back under 0
Type : Bearish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 13.89 | 15.91 | 17.43 | 18.03 | 19.44 | 22.62 | 28.07 |
| Change (%) | -22.96% | -11.76% | -3.33% | - | +7.82% | +25.46% | +55.68% |
| Change | -4.14 | -2.12 | -0.60 | - | +1.41 | +4.59 | +10.04 |
| Level | Major | Minor | Major | - | Major | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.76 | 17.90 | 18.08 | 18.22 | 18.40 | 18.54 | 18.72 |
| Camarilla | 18.16 | 18.19 | 18.22 | 18.25 | 18.28 | 18.31 | 18.34 |
| Woodie | 17.77 | 17.91 | 18.09 | 18.23 | 18.41 | 18.55 | 18.73 |
| Fibonacci | 17.90 | 18.03 | 18.10 | 18.22 | 18.35 | 18.42 | 18.54 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16.68 | 17.06 | 17.44 | 17.82 | 18.20 | 18.58 | 18.96 |
| Camarilla | 17.62 | 17.69 | 17.76 | 17.83 | 17.90 | 17.97 | 18.04 |
| Woodie | 16.69 | 17.06 | 17.45 | 17.82 | 18.21 | 18.58 | 18.97 |
| Fibonacci | 17.06 | 17.35 | 17.53 | 17.82 | 18.11 | 18.29 | 18.58 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.62 | 12.00 | 15.22 | 18.60 | 21.82 | 25.20 | 28.42 |
| Camarilla | 16.63 | 17.23 | 17.84 | 18.44 | 19.05 | 19.65 | 20.26 |
| Woodie | 8.54 | 11.96 | 15.14 | 18.56 | 21.74 | 25.16 | 28.34 |
| Fibonacci | 12.00 | 14.52 | 16.08 | 18.60 | 21.12 | 22.68 | 25.20 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 48.62 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 1.60 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 18.24 | |
| Parabolic SAR (0,02-0,02-0,2): | 19.22 | |
| Elder Ray (13): | 0.04 | |
| Super Trend (3,10): | 19.31 | |
| Zig ZAG (10): | 18.03 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 37.59 | |
| TEMA (21): | 17.86 | |
| Williams %R (14): | -66.67 | |
| Chande Momentum Oscillator (20): | -0.65 | |
| Repulse (5,40,3): | 0.3300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0600 | |
| Courbe Coppock: | 6.99 |
| MA7: | 17.96 | |
| MA20: | 18.32 | |
| MA50: | 17.83 | |
| MA100: | 15.86 | |
| MAexp7: | 18.05 | |
| MAexp20: | 18.17 | |
| MAexp50: | 17.61 | |
| MAexp100: | 16.67 | |
| Price / MA7: | +0.39% | |
| Price / MA20: | -1.58% | |
| Price / MA50: | +1.12% | |
| Price / MA100: | +13.68% | |
| Price / MAexp7: | -0.11% | |
| Price / MAexp20: | -0.77% | |
| Price / MAexp50: | +2.39% | |
| Price / MAexp100: | +8.16% |
News
The latest news and videos published on SALLY BEAUTY HLD. at the time of the analysis were as follows:
- P&G's My Black is Beautiful Platform Launches a New Haircare Line in Partnership with Sally Beauty
- Sally Beauty Launches New Mobile App in Support of 15 Million Loyalty Members
- Hayley Williams' Brand, Good Dye Young, To Launch Nationwide At Sally Beauty
- Sally Beauty Commences Tender Offers for Senior Notes
- Sally Beauty Transforms Loyalty Program And Unveils Sally Beauty Rewards
This member declared not having a position on this financial instrument or a related financial instrument.
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