Overall SBGI gets a technical rating of 2 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.
Although the technical rating is bad, SBGI does present a nice setup opportunity. Prices have been consolidating lately.
11.99
When analyzing the support we can see 3 important areas.
3 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The short term trend for SBGI is down. |
| ChartMill Relative Strength | 45.49 | NEUTRAL | SBGI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SBGI is below 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 | MIXED | The current price of SBGI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.23 | NEUTRAL | The RSI value for SBGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests SBGI has a negative trend. |
| Stochastics (14,3) | 13.87 | OVERSOLD | The low Stochastics value suggests SBGI may be oversold. |
| Average True Range in percent/ATR (20) | 3.85 | MEDIUM VOLATILITY | The ATR as a percentage value for SBGI suggests some volalility. |
| Average Directional Index/ADX (14) | 12.83 | NEGATIVE | The low ADX value for SBGI suggests a weak or negative trend. |
15.14
+0.51 (+3.49%)
ChartMill assigns a technical rating of 2 / 10 to SBGI.
The current trend direction for SINCLAIR INC (SBGI) is Bearish.
SINCLAIR INC (SBGI) has an RSI value of 40.2336. This indicates that the stock is currently neutral.
SINCLAIR INC (SBGI) has a support level at 13.7 and a resistance level at 15.07. Check the full technical report for our detailed analysis of SBGI support and resistance levels.