Technical Analysis for SBGI - Sinclair Broadcast Group, Inc.

Grade Last Price % Change Price Change
grade F 24.77 12.95% 2.84
SBGI closed up 12.95 percent on Friday, June 5, 2020, on 1.32 times 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 Down Up Up
Historical SBGI trend table...

Date Alert Name Type % Chg
Expansion Breakout Bullish Swing Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Upper Bollinger Band Walk Strength 0.00%
Weak + Overbought Other 0.00%
Wide Bands Range Expansion 0.00%
Above Upper BB Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%

Get a Trading Assistant

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.
Telecommunications Real Estate Properties Television Broadcasting Media In The United States Television Network Fabrication Services Real Estate Activities Broadcast Law 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 59.58
52 Week Low 10.575
Average Volume 1,716,856
200-Day Moving Average 29.89
50-Day Moving Average 16.53
20-Day Moving Average 18.16
10-Day Moving Average 19.99
Average True Range 1.50
ADX 22.3
+DI 47.11
-DI 13.36
Chandelier Exit (Long, 3 ATRs ) 20.77
Chandelier Exit (Short, 3 ATRs ) 17.96
Upper Bollinger Band 22.94
Lower Bollinger Band 13.38
Percent B (%b) 1.19
BandWidth 52.64
MACD Line 1.53
MACD Signal Line 0.88
MACD Histogram 0.6465
Fundamentals Value
Market Cap 2.54 Billion
Num Shares 103 Million
EPS 2.85
Price-to-Earnings (P/E) Ratio 8.69
Price-to-Sales 1.14
Price-to-Book 2.78
PEG Ratio -1.76
Dividend 0.72
Dividend Yield 2.91%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 27.89
Resistance 3 (R3) 27.71 26.50 27.37
Resistance 2 (R2) 26.50 25.70 26.59 27.20
Resistance 1 (R1) 25.63 25.21 26.07 25.81 27.02
Pivot Point 24.42 24.42 24.63 24.51 24.42
Support 1 (S1) 23.55 23.62 23.99 23.73 22.52
Support 2 (S2) 22.34 23.13 22.43 22.34
Support 3 (S3) 21.47 22.34 22.17
Support 4 (S4) 21.65