SINCLAIR INC (SBGI)
US8292421067 - Common Stock
We assign a technical rating of 9 out of 10 to SBGI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SBGI is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that SBGI is one of the better performing stocks in the market, outperforming 79% of all stocks.
SBGI is part of the Media industry. There are 92 other stocks in this industry. SBGI outperforms 73% of them.
SBGI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SBGI is lagging the market slightly.
In the last month SBGI has a been trading in the 15.24 - 18.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SBGI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 17.43. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.24, a Stop Loss order could be placed below this zone.
More info and screens
11.42
17.86
When analyzing the support we can see 5 important areas.
- A support zone ranging from 15.91 to 16.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.58 from a horizontal line in the daily time frame.
- Support @13.87 from a trend line in the daily time frame.
- Support @12.53 from a trend line in the weekly time frame.
- Support @11.54 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 17.43 to 17.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.89
Mansfield0.79
10 Day High17.22
10 Day Low15.24
20 Day High18.2
20 Day Low15.24
52 Week High18.2
52 Week Low11.13
Performance
1 Week4.89%
2 Weeks1.42%
1 Month5.27%
3 Month22.56%
6 Month39.37%
12 Month23.7%
2 Year-7.49%
3 Year-26.4%
5 Year-50.7%
10 Year-41.12%
15 Year367.85%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)57.62
LBB15.44
UBB17.47
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 17.69 | 15.90 | 1.79 (10.12%) | 9.88% |
| An entry @17.69. This is a Buy Stop order right above the resistance zone. | An exit @15.90. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.79 points, which is 10.12%. | For a 1.00% total portfolio risk, you can invest 9.88% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SINCLAIR INC
NASDAQ:SBGI (11/21/2024, 8:00:02 PM)
Premarket: 17.24 +0.07 (+0.41%)17.17
+0.67 (+4.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg4.06%
1 Week4.89%
2 Weeks1.42%
1 Month5.27%
3 Month22.56%
6 Month39.37%
12 Month23.7%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.9
ATR(20)%4.78%
ATR Inc
Range Today0.72
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High17.22
10 Day Low15.24
20 Day High18.2
20 Day Low15.24
52 Week High18.2
52 Week Low11.13
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume245.80K
Volume Incr-25.39%
Vol(5)264.24K
Vol(50)379.07K