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Stock Trend Analysis Report

Prepared for you on Sunday, May 28, 2023.

Sinclair Broadcast Group, Inc. - Class A (NASDAQ:SBGI)

Long-Term Downtrend (-90) - SBGI is in a strong downtrend that is likely to continue. While SBGI is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SBGI?

MarketClub looks at technical strength and momentum to determine if the timing is right for SBGI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_SBGI
Open High Low SBGI Price Change
15.00 15.91 14.92 15.78 +0.61
Entry Signal

MarketClub’s Trade Triangles for SBGI

long term down The long-term trend has been DOWN since Mar 13th, 2023 at 14.365

intermediate term down The intermediate-term trend has been DOWN since May 3rd, 2023 at 17.310

short term down The short-term trend has been DOWN since May 23rd, 2023 at 16.400

Smart Scan Analysis for SBGI

Based on our trend formula, SBGI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SBGI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.00 15.91 14.92 15.78 +0.61
Prev. Close Volume Bid Ask Time
15.80 639143 2023-05-26 15:59:55
Year High40.15Year High Date2018-01-16
Year Low25.125Year Low Date2018-08-02
52wk High25.7952wk High Date2022-08-16
52wk Low12.6452wk Low Date2023-03-17
Year End Close12.62Average Volume806,924
Shares Outstanding63,039Short Interest3,945,540
% Institutional53.8Market Cap4,101M
Assets643,600,000MLiabilities554,600,000M
P/E Ratio4.0561Beta1.8
Volatility39.9
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