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Stock Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

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

Strong Downtrend (-100) - SBGI is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SBGI continues to fall. 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
11.75 12.07 11.66 11.80 -0.11
Entry Signal

MarketClub’s Trade Triangles for SBGI

long term down The long-term trend has been DOWN since Mar 18th, 2024 at 11.9801

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 11.7000

short term down The short-term trend has been DOWN since Apr 8th, 2024 at 12.4500

Smart Scan Analysis for SBGI

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

-100
Smart Scan Analysis for SBGI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.75 12.07 11.66 11.80 -0.11
Prev. Close Volume Bid Ask Time
11.80 255075 2024-04-15 15:59:39
Year High40.15Year High Date2018-01-16
Year Low25.125Year Low Date2018-08-02
52wk High21.1752wk High Date2023-04-18
52wk Low9.3952wk Low Date2023-10-09
Year End Close12.62Average Volume481,004
Shares Outstanding39,827Short Interest3,945,540
% Institutional53.8Market Cap4,101M
Assets608,500,000MLiabilities580,000,000M
P/E Ratio9.1497Beta1.8
Volatility39.9
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