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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.

Showing technical analysis as on 2024-08-08 View latest technical analysis

10 day averaged volume of Sinclair Broadcast is 302623

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	13.37	14.37	14.78	13.18	2.32 times
07 Wed Aug 2024	13.01	13.40	13.40	12.78	1.653 times
06 Tue Aug 2024	13.06	12.83	13.09	12.31	1.114 times
05 Mon Aug 2024	12.57	12.52	12.66	12.07	1.577 times
02 Fri Aug 2024	13.54	14.10	14.43	13.46	1.072 times
01 Thu Aug 2024	14.63	15.41	15.58	14.49	0.921 times
31 Wed Jul 2024	15.38	15.67	15.91	15.26	0.665 times
30 Tue Jul 2024	15.57	15.71	15.79	15.28	0.555 times
29 Mon Jul 2024	15.60	15.41	15.68	15.22	0.751 times
26 Fri Jul 2024	15.38	15.49	15.63	15.19	0.676 times

Stock of Sinclair Broadcast (SBGI) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 13.6, but if it comes above 13.6, then a intra day buy could be more profitable.
If you take a sell trade below 13.6, then use 13.6 as stoploss and 12.5 as target. However if you take a buy trade in stock , then use 13.6 as stoploss and 14.58 as target.

Share price targets for Sinclair Broadcast (SBGI)

Target Type	Value
Downside Target	11.13
Downside Target	11.63
Downside Target	11.88
Downside Target	12.81
Upside Target	13.46
Upside Target	14.20
Upside Target	14.78
Upside Target	15.25
Upside Target	15.58
Upside Target	15.63
Upside Target	15.90
Upside Target	15.91
Upside Target	16.53

Intraday share price targets for Sinclair Broadcast (SBGI)

Target Type	Value
Downside Intraday Target	12.03
Downside Intraday Target	10.7
Upside Intraday Target	14.74
Upside Intraday Target	16.12
Upside Intraday Target	13.41

Weekly technical analysis of Sinclair Broadcast (SBGI)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	13.37	12.52	14.78	12.07	1.682 times
02 Fri Aug 2024	13.54	15.41	15.91	13.46	0.821 times
26 Fri Jul 2024	15.38	13.84	15.63	13.74	0.756 times
19 Fri Jul 2024	13.90	15.10	15.90	13.61	1.071 times
12 Fri Jul 2024	14.95	13.47	15.25	12.97	2.891 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sinclair Broadcast (SBGI)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	13.37	15.41	15.58	12.07	0.364 times
31 Wed Jul 2024	15.38	13.27	15.91	12.81	0.837 times
28 Fri Jun 2024	13.33	14.03	14.20	11.13	0.891 times
31 Fri May 2024	14.20	12.26	16.53	11.88	1.336 times

Scroll below to view daily charts

Price has moved down 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)

Price action analysis of Sinclair Broadcast ( (SBGI) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Sinclair Broadcast ( (SBGI) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Sinclair Broadcast stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Sinclair Broadcast Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Sinclair Broadcast in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 13.79 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.