Technical Analysis for SBGI - Sinclair Broadcast Group, Inc.

Grade Last Price % Change Price Change
D 13.62 -3.88% -0.55
SBGI closed down 3.88 percent on Wednesday, March 22, 2023, on 1.27 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Calm After Storm Range Contraction 0.00%
NR7 Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Wide Bands Range Expansion -3.88%
Gapped Up Strength -3.88%
Oversold Stochastic Weakness -3.88%
Inside Day Range Contraction 2.71%
Wide Bands Range Expansion 2.71%
Oversold Stochastic Weakness 2.71%

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

Alert Time
Possible NR7 about 11 hours ago
Possible Inside Day about 11 hours ago
Down 2 % about 12 hours ago
60 Minute Opening Range Breakdown about 13 hours ago
Down 1% about 14 hours ago

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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.


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


Indicator Value
52 Week High 28.0637
52 Week Low 12.64
Average Volume 626,135
200-Day Moving Average 19.15
50-Day Moving Average 17.52
20-Day Moving Average 15.03
10-Day Moving Average 14.04
Average True Range 0.83
RSI 35.48
ADX 44.92
+DI 13.68
-DI 34.87
Chandelier Exit (Long, 3 ATRs) 16.58
Chandelier Exit (Short, 3 ATRs) 15.12
Upper Bollinger Bands 17.44
Lower Bollinger Band 12.62
Percent B (%b) 0.21
BandWidth 32.09
MACD Line -1.18
MACD Signal Line -1.11
MACD Histogram -0.0667
Fundamentals Value
Market Cap 670.82 Million
Num Shares 49.3 Million
EPS 4.00
Price-to-Earnings (P/E) Ratio 3.41
Price-to-Sales 0.39
Price-to-Book 0.89
PEG Ratio 0.89
Dividend 0.80
Dividend Yield 5.87%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 14.51
Resistance 3 (R3) 14.60 14.41 14.36
Resistance 2 (R2) 14.41 14.18 14.36 14.31
Resistance 1 (R1) 14.01 14.04 13.92 13.92 14.26
Pivot Point 13.82 13.82 13.77 13.77 13.82
Support 1 (S1) 13.42 13.59 13.33 13.33 12.98
Support 2 (S2) 13.23 13.45 13.18 12.93
Support 3 (S3) 12.83 13.23 12.88
Support 4 (S4) 12.74