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(SBGI) Sinclair Broadcast complete technical analysis [charts+indicators] | Buy/Sell Sinclair Broadcast | (SBGI) share price targets

Complete technical analysis of Sinclair Broadcast (SBGI) by charts plus indicators, forecast predictions and share price targets for Sinclair Broadcast (SBGI)

Sinclair Broadcast trades in USA in Consumer Services sector.

10 day averaged volume of Sinclair Broadcast is 441402

Date Daily Closing Price Open High Low Volume
28 Tue May 2024 12.36 12.44 12.61 12.04 0.668 times
23 Thu May 2024 12.55 13.50 13.56 12.47 1.446 times
22 Wed May 2024 13.44 13.34 13.72 13.25 0.672 times
21 Tue May 2024 13.54 13.60 13.79 13.26 0.588 times
20 Mon May 2024 13.71 14.60 14.66 13.56 1.154 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 12.7, but if it comes above 12.7, then a intra day buy could be more profitable.
If you take a sell trade below 12.7, then use 12.7 as stoploss and 11.4 as target. However if you take a buy trade in stock , then use 12.7 as stoploss and 13.77 as target.

Share price targets for Sinclair Broadcast (SBGI)

Target Type Value
Downside Target 11.35
Downside Target 11.63
Downside Target 12.04
Upside Target 12.47
Upside Target 13.50
Upside Target 14.15
Upside Target 14.66
Upside Target 15.25
Upside Target 16.35
Upside Target 16.40
Upside Target 16.53
Upside Target 17.59

Intraday share price targets for Sinclair Broadcast (SBGI)

Target Type Value
Downside Intraday Target 12.06
Downside Intraday Target 11.77
Upside Intraday Target 12.63
Upside Intraday Target 12.91
Downside Intraday Target 12.34

Weekly technical analysis of Sinclair Broadcast (SBGI)

Date Weekly Closing Price Open High Low Volume
28 Tue May 2024 12.36 12.44 12.61 12.04 0.173 times
23 Thu May 2024 12.55 14.60 14.66 12.47 0.706 times
17 Fri May 2024 14.55 15.37 16.53 14.15 0.749 times
10 Fri May 2024 15.00 13.42 16.35 12.91 2.618 times
03 Fri May 2024 13.21 12.31 13.50 12.09 0.997 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Sinclair Broadcast (SBGI)

Date Monthly Closing Price Open High Low Volume
28 Tue May 2024 12.36 12.26 16.53 12.04 1.154 times
30 Tue Apr 2024 12.30 13.39 13.70 11.63 0.69 times
28 Thu Mar 2024 13.47 15.25 15.25 11.35 1.067 times
29 Thu Feb 2024 14.85 15.93 16.40 12.60 1.025 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Sinclair Broadcast (SBGI)

Indicator Name Indicator Value Indicator Signal
ADX 20, 32, 23 Sell
MACD 0, 0Sell
Stochastics 5Sell
CCI -138Sell
RSI 56Buy
OBV 31540Sell
VWAP 14Sell
ADL 0Sell
ROC -18Sell
Force Index 0Sell

Price action analysis of Sinclair Broadcast ( (SBGI) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Sinclair Broadcast ( (SBGI) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Sinclair Broadcast ( (SBGI) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Sinclair Broadcast ( (SBGI) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Sinclair Broadcast stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Sinclair Broadcast in short term but the sell signal is initial and weak.

Sinclair Broadcast Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Sinclair Broadcast in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Sinclair Broadcast is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 14.09 and Sinclair Broadcast (SBGI) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Sinclair Broadcast (SBGI) stock. Volume based technical analysis of Sinclair Broadcast (SBGI) stock is negative.

Sinclair Broadcast Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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