Technical Analysis for SBGI - Sinclair Broadcast Group, Inc.

Grade Last Price % Change Price Change
C 32.65 5.56% 1.72
SBGI closed up 5.56 percent on Monday, March 1, 2021, on 58 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Down
Historical SBGI trend table...

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Crossed Above 50 DMA Bullish 0.00%
New Uptrend Bullish 0.00%
Calm After Storm Range Contraction 5.56%
Lower Bollinger Band Walk Weakness 5.56%
Inside Day Range Contraction 5.56%
Down 3 Days in a Row Weakness 5.56%
Lower Bollinger Band Touch Weakness 5.56%
Fell Below 20 DMA Bearish 4.78%
Fell Below 50 DMA Bearish 4.78%
Older End-of-Day Signals for SBGI ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Up 1 ATR about 5 hours ago
Rose Above 20 DMA about 6 hours ago
20 DMA Resistance about 8 hours ago
Up 5% about 9 hours ago
60 Minute Opening Range Breakout about 10 hours ago
View Earlier Intraday Alerts

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Profile

Sinclair Broadcast Group, Inc. Description

Sinclair Broadcast Group, Inc., a television broadcasting company, owns or provides programming, operating, or sales services to television stations in the United States. It broadcasts free over-the-air programming, such as network provided programs, news produced locally, local sporting events, programming from program service arrangements, syndicated entertainment programs, and other locally produced programs. As of March 1, 2013, the company owned, provided programming and operating services pursuant to local marketing agreements, or provided sales services pursuant to outsourcing agreements to 86 television stations in 46 markets. It also offers sign design and fabrication services; security alarm monitoring services; and engages in real estate activities, such as investing in developmental land, and operating commercial real estate properties and apartments, as well as invests in private equity and structured debt/mezzanine financing investment funds. The company was founded in 1952 and is headquartered in Hunt Valley, Maryland.


Classification

Sector: Consumer Cyclical
Industry: Broadcasting - TV
Keywords: Telecommunications Real Estate Properties Broadcasting Television Television Stations Television Network Monitoring Services Fabrication Services Media In The United States Real Estate Activities Broadcast Law Security Alarm Sinclair Broadcast Group

Is SBGI a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 37.04
52 Week Low 10.575
Average Volume 875,918
200-Day Moving Average 23.63
50-Day Moving Average 32.10
20-Day Moving Average 32.72
10-Day Moving Average 33.22
Average True Range 1.87
ADX 29.78
+DI 23.87
-DI 20.60
Chandelier Exit (Long, 3 ATRs ) 30.99
Chandelier Exit (Short, 3 ATRs ) 34.96
Upper Bollinger Band 35.22
Lower Bollinger Band 30.23
Percent B (%b) 0.49
BandWidth 15.24
MACD Line 0.27
MACD Signal Line 0.46
MACD Histogram -0.1843
Fundamentals Value
Market Cap 1.61 Billion
Num Shares 49.3 Million
EPS 4.00
Price-to-Earnings (P/E) Ratio 8.17
Price-to-Sales 0.39
Price-to-Book 0.89
PEG Ratio 0.89
Dividend 0.80
Dividend Yield 2.45%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 35.55
Resistance 3 (R3) 35.32 34.13 35.07
Resistance 2 (R2) 34.13 33.39 34.24 34.90
Resistance 1 (R1) 33.39 32.93 33.76 33.62 34.74
Pivot Point 32.19 32.19 32.38 32.31 32.19
Support 1 (S1) 31.46 31.45 31.82 31.68 30.56
Support 2 (S2) 30.26 31.00 30.37 30.40
Support 3 (S3) 29.52 30.26 30.23
Support 4 (S4) 29.75