Technical Analysis for SBGI - Sinclair Broadcast Group, Inc.

Grade Last Price % Change Price Change
grade C 30.05 -3.06% -0.95
SBGI closed down 3.06 percent on Tuesday, May 22, 2018, on approximately normal volume. It was able to find support at its 50 day moving average. 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 Alerts
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Flat Down
See historical SBGI trend table...

Date Alert Name Type % Chg
May 22 Stochastic Sell Signal Bearish 0.00%
May 22 50 DMA Support Bullish 0.00%
May 22 Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
May 22 Multiple of Ten Bullish Other 0.00%
May 22 Overbought Stochastic Strength 0.00%
May 21 Overbought Stochastic Strength -3.06%
May 18 Overbought Stochastic Strength -2.44%
May 17 Stochastic Sell Signal Bearish -0.50%
May 17 50 DMA Support Bullish -0.50%
May 17 MACD Bullish Centerline Cross Bullish -0.50%

Older signals for SBGI ...

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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: 0 bullish, 1 bearish and 4 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 39.9352
52 Week Low 26.418
Average Volume 1,347,347
200-Day Moving Average 32.288
50-Day Moving Average 30.011
20-Day Moving Average 29.205
10-Day Moving Average 30.28
Average True Range 0.993
ADX 18.85
+DI 19.05
-DI 17.54
Chandelier Exit (Long, 3 ATRs ) 28.071
Chandelier Exit (Short, 3 ATRs ) 29.479
Upper Bollinger Band 31.7006
Lower Bollinger Band 26.7094
Percent B (%b) 0.67
BandWidth 17.090224
MACD Line 0.2041
MACD Signal Line -0.0897
MACD Histogram 0.2938
Fundamentals Value
Market Cap 3.08 Billion
Num Shares 103 Million
EPS 2.85
Price-to-Earnings (P/E) Ratio 10.54
Price-to-Sales 1.14
Price-to-Book 2.78
PEG Ratio -1.76
Dividend 0.72
Dividend Yield 2.40%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 31.48
Resistance 3 (R3) 31.58 31.22 31.24
Resistance 2 (R2) 31.22 30.85 31.16 31.16
Resistance 1 (R1) 30.63 30.63 30.45 30.53 31.08
Pivot Point 30.27 30.27 30.18 30.21 30.27
Support 1 (S1) 29.68 29.90 29.50 29.58 29.02
Support 2 (S2) 29.32 29.68 29.26 28.94
Support 3 (S3) 28.73 29.32 28.86
Support 4 (S4) 28.63