SINCLAIR INC (SBGI) Stock Technical Analysis
NASDAQ:SBGI - US8292421067 - Common Stock
14 USD
-0.07 (-0.5%)
14 USD
0 (0%)
Overall SBGI gets a technical rating of 3 out of 10. SBGI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
SBGI is part of the Media industry. There are 99 other stocks in this industry. SBGI outperforms 72% of them.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, SBGI outperforms 51% of them, which is more or less in line with the market.
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 11.89 - 15.43 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SBGI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 13.56, a Stop Loss order could be placed below this zone.
More info and screens
11.80
16.10
We found 2 important support areas.
- Support @13.56 from a horizontal line in the daily time frame.
- A support zone ranging from 11.92 to 12.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 14.14 to 14.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.92 to 15.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.64 from a horizontal line in the daily time frame.
- Resistance @15.94 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for SBGI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SBGI is neutral. |
| ChartMill Relative Strength | 51.21 | NEUTRAL | SBGI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SBGI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SBGI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SBGI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.7 | NEUTRAL | The RSI value for SBGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SBGI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 45.22 | NEUTRAL | The Stochastics value for SBGI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.93 | MEDIUM VOLATILITY | The ATR as a percentage value for SBGI suggests some volalility. |
| Average Directional Index/ADX (14) | 10.52 | NEGATIVE | The low ADX value for SBGI suggests a weak or negative trend. |
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)
14
-0.07 (-0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-0.5%
1 Week-3.78%
2 Weeks1.89%
1 Month-0.92%
3 Month6.3%
6 Month-2.78%
12 Month6.14%
2 Year24.78%
3 Year-22.61%
5 Year-27.2%
10 Year-44.71%
15 Year99.43%
Volatility
ATR(14)0.44
ATR(20)%4.93%
ATR Inc-30.96%
Range Today0.29
ADR(20)0.58
ADR(20)%4.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.21
Mansfield-1.59
10 Day High14.69
10 Day Low13.53
20 Day High15.43
20 Day Low11.89
52 Week High18.45
52 Week Low11.89
CS1 End13.56
CR1 Start14.14
Volume & EV
DER(3)-1.32%
DER(5)0.37%
Volume378.40K
Volume Incr-37.42%
Vol(5)432.02K
Vol(50)540.77K