Technical Analysis for SBGI - Sinclair Broadcast Group, Inc.

Grade Last Price % Change Price Change
grade A 30.44 1.23% 0.37
SBGI closed up 1.23 percent on Friday, January 18, 2019, on 70 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Up Up
See historical SBGI trend table...

Date Alert Name Type % Chg
Jan 18 Overbought Stochastic Strength 0.00%
Jan 17 Narrow Range Bar Range Contraction 1.23%
Jan 17 NR7 Range Contraction 1.23%
Jan 17 Multiple of Ten Bullish Other 1.23%
Jan 17 Overbought Stochastic Strength 1.23%
Jan 16 Shooting Star Candlestick Bearish 1.91%
Jan 16 Multiple of Ten Bearish Other 1.91%
Jan 16 Overbought Stochastic Strength 1.91%
Jan 15 Pocket Pivot Bullish Swing Setup 1.47%
Jan 15 Overbought Stochastic Strength 1.47%

Older signals for SBGI ...

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
Basic chart:

Profile
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.
Is SBGI a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 39.786
52 Week Low 25.125
Average Volume 1,481,567
200-Day Moving Average 29.1747
50-Day Moving Average 29.4666
20-Day Moving Average 28.185
10-Day Moving Average 29.812
Average True Range 0.8846
ADX 21.34
+DI 25.9833
-DI 19.0809
Chandelier Exit (Long, 3 ATRs ) 27.9462
Chandelier Exit (Short, 3 ATRs ) 27.7938
Upper Bollinger Band 31.6563
Lower Bollinger Band 24.7137
Percent B (%b) 0.82
BandWidth 24.632251
MACD Line 0.4213
MACD Signal Line 0.0883
MACD Histogram 0.333
Fundamentals Value
Market Cap 3.12 Billion
Num Shares 103 Million
EPS 2.85
Price-to-Earnings (P/E) Ratio 10.68
Price-to-Sales 1.14
Price-to-Book 2.78
PEG Ratio -1.76
Dividend 0.72
Dividend Yield 2.37%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 31.25
Resistance 3 (R3) 31.21 30.91 31.12
Resistance 2 (R2) 30.91 30.70 30.93 31.07
Resistance 1 (R1) 30.67 30.57 30.79 30.71 31.02
Pivot Point 30.37 30.37 30.43 30.39 30.37
Support 1 (S1) 30.13 30.16 30.25 30.17 29.86
Support 2 (S2) 29.83 30.03 29.85 29.81
Support 3 (S3) 29.59 29.83 29.77
Support 4 (S4) 29.63