Technical Analysis for SBGI - Sinclair Broadcast Group, Inc.

Grade Last Price % Change Price Change
F 27.27 3.33% 0.88
SBGI closed down 2.94 percent on Monday, October 18, 2021, on 1.84 times normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.
Earnings due: Nov 1
*** please verify all earnings dates ***

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down
Historical SBGI trend table...

Date Alert Name Type % Chg
Gapped Down Weakness 3.33%
Lower Bollinger Band Touch Weakness 3.33%
Oversold Stochastic Weakness 3.33%
Stochastic Buy Signal Bullish 0.29%
Oversold Stochastic Weakness 0.29%
Inside Day Range Contraction -2.22%
Oversold Stochastic Weakness -2.22%
MACD Bearish Centerline Cross Bearish -1.20%
Down 3 Days in a Row Weakness -1.20%
Down 4 Days in a Row Weakness -1.20%
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 24 minutes ago
Up 3% about 1 hour ago
Rose Above Previous Day's High about 2 hours ago
Up 2% about 2 hours ago
60 Minute Opening Range Breakout about 3 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 Sinclair Broadcast Group Security Alarm

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 39.6
52 Week Low 16.72
Average Volume 360,385
200-Day Moving Average 31.51
50-Day Moving Average 29.49
20-Day Moving Average 30.06
10-Day Moving Average 28.89
Average True Range 1.13
ADX 19.08
+DI 18.50
-DI 37.67
Chandelier Exit (Long, 3 ATRs) 30.22
Chandelier Exit (Short, 3 ATRs) 29.42
Upper Bollinger Bands 33.99
Lower Bollinger Band 26.14
Percent B (%b) 0.03
BandWidth 26.12
MACD Line -0.61
MACD Signal Line -0.06
MACD Histogram -0.5506
Fundamentals Value
Market Cap 1.3 Billion
Num Shares 49.3 Million
EPS 4.00
Price-to-Earnings (P/E) Ratio 6.60
Price-to-Sales 0.39
Price-to-Book 0.89
PEG Ratio 0.89
Dividend 0.80
Dividend Yield 3.03%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 27.77
Resistance 3 (R3) 27.80 27.38 27.54
Resistance 2 (R2) 27.38 27.02 27.36 27.46
Resistance 1 (R1) 26.88 26.81 26.67 26.85 27.39
Pivot Point 26.46 26.46 26.35 26.44 26.46
Support 1 (S1) 25.96 26.11 25.75 25.93 25.39
Support 2 (S2) 25.54 25.89 25.52 25.32
Support 3 (S3) 25.05 25.54 25.24
Support 4 (S4) 25.01