SINCLAIR INC (SBGI) Stock Technical Analysis
NASDAQ:SBGI - Nasdaq - US8292421067 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to SBGI. 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 one of the better performing stocks in the Media industry, it outperforms 78% of 97 stocks in the same industry.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that SBGI is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
SBGI is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month SBGI has a been trading in the 12.70 - 15.43 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. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 14.62. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.67, a Stop Loss order could be placed below this zone.
More info and screens
13.05
17.31
When analyzing the support we can see 2 important areas.
- A support zone ranging from 13.56 to 13.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 13.18 to 13.25. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 14.62 to 14.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 16.45 to 16.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.14 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.53
Mansfield-0.07
10 Day High15.12
10 Day Low13.59
20 Day High15.43
20 Day Low12.7
52 Week High18.45
52 Week Low11.13
Performance
1 Week0.21%
2 Weeks4.36%
1 Month-9.32%
3 Month-0.34%
6 Month-15.56%
12 Month10.52%
2 Year-5.07%
3 Year-39.74%
5 Year-21.88%
10 Year-51.4%
15 Year119.88%
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)0.08
RSI(14)50.27
LBB13.7
UBB14.98
14.6
+0.2 (+1.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg1.39%
1 Week0.21%
2 Weeks4.36%
1 Month-9.32%
3 Month-0.34%
6 Month-15.56%
12 Month10.52%
2 Year-5.07%
3 Year-39.74%
5 Year-21.88%
10 Year-51.4%
15 Year119.88%
Volatility
ATR(14)0.56
ATR(20)%5.27%
ATR Inc-15.75%
Range Today0.54
ADR(20)0.7
ADR(20)%4.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.53
Mansfield-0.07
10 Day High15.12
10 Day Low13.59
20 Day High15.43
20 Day Low12.7
52 Week High18.45
52 Week Low11.13
CS1 End13.67
CR1 Start14.62
Volume & EV
DER(3)-2.33%
DER(5)-1%
Volume431.20K
Volume Incr-33.06%
Vol(5)304.12K
Vol(50)431.93K