SINCLAIR INC (SBGI) Stock Technical Analysis
NASDAQ:SBGI - Nasdaq - US8292421067 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to SBGI. SBGI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, SBGI is a bad performer in the overall market: 76% of all stocks are doing better.
SBGI is part of the Media industry. There are 93 other stocks in this industry, SBGI did better than 55% of them.
SBGI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SBGI is lagging the market.
In the last month SBGI has a been trading in the 14.07 - 15.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, SBGI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 14.49, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SBGI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
13.03
18.19
When analyzing the support we can see 2 important areas.
- A support zone ranging from 14.37 to 14.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.16 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 14.50 to 15.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 15.41 to 15.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.01 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.55
Mansfield-0.69
10 Day High15.16
10 Day Low14.07
20 Day High15.25
20 Day Low14.07
52 Week High18.45
52 Week Low11.13
Performance
1 Week-0.68%
2 Weeks-2.03%
1 Month-3.2%
3 Month-16.14%
6 Month3.5%
12 Month-0.62%
2 Year-10.88%
3 Year-51.67%
5 Year-37.53%
10 Year-47.2%
15 Year188.85%
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)0.07
RSI(14)41.62
LBB14.32
UBB15.1
14.5
-0.31 (-2.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-2.09%
1 Week-0.68%
2 Weeks-2.03%
1 Month-3.2%
3 Month-16.14%
6 Month3.5%
12 Month-0.62%
2 Year-10.88%
3 Year-51.67%
5 Year-37.53%
10 Year-47.2%
15 Year188.85%
Volatility
ATR(14)0.49
ATR(20)%3.25%
ATR Inc-16.23%
Range Today0.54
ADR(20)0.46
ADR(20)%3.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.55
Mansfield-0.69
10 Day High15.16
10 Day Low14.07
20 Day High15.25
20 Day Low14.07
52 Week High18.45
52 Week Low11.13
CS1 End14.49
CR1 Start14.5
Volume & EV
DER(3)3.32%
DER(5)3.86%
Volume183.80K
Volume Incr-18.95%
Vol(5)157.18K
Vol(50)212.53K