Technical Analysis for SBGI - Sinclair Broadcast Group, Inc.

Grade Last Price % Change Price Change
C 13.38 0.38% 0.05
SBGI closed up 0.38 percent on Monday, July 1, 2024, on 87 percent of normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Crossed Above 200 DMA Bullish 0.38%
Crossed Above 50 DMA Bullish 0.38%
Expansion Pivot Buy Setup Bullish Swing Setup 0.38%
Pocket Pivot Bullish Swing Setup 0.38%
Volume Surge Other 0.38%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 6 hours ago
Down 1% about 6 hours ago
Upper Bollinger Band Resistance about 10 hours ago
Rose Above Upper Bollinger Band about 10 hours ago
Up 3% about 10 hours ago

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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 Real Estate Activities Fabrication Services Media In The United States 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

Indicators

Indicator Value
52 Week High 16.9461
52 Week Low 8.8805
Average Volume 415,463
200-Day Moving Average 12.60
50-Day Moving Average 12.79
20-Day Moving Average 12.28
10-Day Moving Average 12.14
Average True Range 0.70
RSI (14) 60.00
ADX 12.72
+DI 33.88
-DI 16.94
Chandelier Exit (Long, 3 ATRs) 12.10
Chandelier Exit (Short, 3 ATRs) 13.23
Upper Bollinger Bands 13.60
Lower Bollinger Band 10.96
Percent B (%b) 0.92
BandWidth 21.51
MACD Line -0.05
MACD Signal Line -0.24
MACD Histogram 0.1911
Fundamentals Value
Market Cap 531.71 Million
Num Shares 39.7 Million
EPS 1.70
Price-to-Earnings (P/E) Ratio 7.87
Price-to-Sales 0.27
Price-to-Book 1.43
PEG Ratio 0.89
Dividend 1.00
Dividend Yield 7.47%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 14.54
Resistance 3 (R3) 14.60 14.26 14.35
Resistance 2 (R2) 14.26 13.96 14.23 14.28
Resistance 1 (R1) 13.82 13.78 14.04 13.77 14.22
Pivot Point 13.49 13.49 13.60 13.46 13.49
Support 1 (S1) 13.05 13.19 13.27 12.99 12.54
Support 2 (S2) 12.71 13.01 12.68 12.48
Support 3 (S3) 12.27 12.71 12.41
Support 4 (S4) 12.22