Overall SBGI gets a technical rating of 3 out of 10. In the last year, SBGI was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
SBGI has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.
11.99
3 important support areas can be observed.
We can see 2 important resistance areas.
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 | 47.93 | 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) | 44.51 | NEUTRAL | The RSI value for SBGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests SBGI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.63 | NEUTRAL | The Stochastics value for SBGI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.53 | MEDIUM VOLATILITY | The ATR as a percentage value for SBGI suggests some volalility. |
| Average Directional Index/ADX (14) | 13.04 | NEGATIVE | The low ADX value for SBGI suggests a weak or negative trend. |
14.88
-0.26 (-1.72%)
ChartMill assigns a technical rating of 3 / 10 to SBGI.
The current trend direction for SINCLAIR INC (SBGI) is Bearish.
SINCLAIR INC (SBGI) has an RSI value of 44.5063. This indicates that the stock is currently neutral.
SINCLAIR INC (SBGI) has a support level at 13.7 and a resistance level at 16.31. Check the full technical report for our detailed analysis of SBGI support and resistance levels.