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Is SBH gaining bearish strength? Fell Below 50 Day Moving Average shows up after sinking 3.66%
On Thursday, October 30th, SBH moved down 3.66% while volume was to 0.8× the usual levels. Multiple bearish signals emerged — Fell Below 50 DMA, MACD Bearish Centerline Cross & Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 14.22, 13.95 & 13.58, with resistance at 14.86, 15.23 & 15.5.
Current SwingTradeBot Technical Rating of SBH: C
Just a sneak peek — check SwingTradeBot.com for the full story on SBH.
Read full article here »