Our ALGO engine triggered a sell signal in SHL on February 5th at $24.85.
In the company’s recent earnings report, their 2018 guidance expects growth in the 6% to 8% range.
This places SHL at 22.5 times earnings, which is considerably higher than its industry peers.
Technically, the next key support level is found at the February 15th low of $23.10.
Sonic Health