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Stock Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

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.

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NASDAQ_SBGI
Open High Low SBGI Price Change
26.7100 26.9500 26.0313 26.3700 -0.8200
Entry Signal

MarketClub’s Trade Triangles for SBGI

long term down The long-term trend has been DOWN since Jul 8th, 2021 at 29.170

intermediate term down The intermediate-term trend has been DOWN since Oct 13th, 2021 at 27.980

short term down The short-term trend has been DOWN since Sep 30th, 2021 at 31.995

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
26.7100 26.9500 26.0313 26.3700 -0.8200
Prev. Close Volume Bid Ask Time
27.1900 613525 2021-10-18 15:59:53
Year High40.15Year High Date2018-01-16
Year Low25.125Year Low Date2018-08-02
52wk High39.652wk High Date2021-03-12
52wk Low16.719152wk Low Date2020-10-28
Year End Close12.62Average Volume399,878
Shares Outstanding75,490Short Interest3,945,540
% Institutional53.8Market Cap4,101M
Assets127,800,000MLiabilities144,040,000M
P/E Ratio4.5804Beta1.8
Volatility39.9
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