Sinclair Broadcast Group, Inc. ($SBGI) Is Moving – Here’s Why (2019-08-22)

REPORTING FOR 2019-08-22 | TODAYISRAEL.COM: With the assistance of the Beat The Market Analyzer software and our own in-house methods, we have conducted a deep analysis of how SBGI has been trading over the last 2 weeks and the past day especially. On its latest session, Sinclair Broadcast Group, Inc. ($SBGI) opened at 45.18, reaching a high of 43.83 and a low of 42.69 before closing at a price of 43.25. There was a total volume of 1375156.

VOLUME INDICATORS FOR SINCLAIR BROADCAST GROUP, INC. ($SBGI): We saw an accumulation-distribution index of -10.97076, an on-balance volume of 44.47, chaikin money flow of -2.68889 and a force index of 3.5697. There was an ease of movement rating of -0.00564, a volume-price trend of -6.57417 and a negative volume index of 1000.0. What do these volume indicators mean for SBGI? Click here for an explanation.

VOLATILITY INDICATORS FOR SINCLAIR BROADCAST GROUP, INC. ($SBGI): We noted an average true range of 1.17343, bolinger bands of 45.71446, an upper bollinger band of 41.24554, lower bollinger band of 42.69, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 43.9, high band keltner channel of 45.25, low band keltner channel of 42.55, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 42.69, a donchian channel low band of 42.69, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0. What do these volatility indicators mean for SBGI? Click here for an explanation.

TREND INDICATORS FOR SINCLAIR BROADCAST GROUP, INC. ($SBGI): We calculated a Moving Average Convergence Divergence (MACD) of 0.03545, a MACD signal of 0.01969, a MACD difference of 0.01575, a fast Exponential Moving Average (EMA) indicator of 42.69, a slow Exponential Moving Average (EMA) indicator of 42.69, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.23076, a trix of -14.70337, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of 7.54857, a KST Oscillator (KST) of -150.25449 and a KST Oscillator (KST Signal) of -150.25449 (leaving a KST difference of 7.86248). We also found an Ichimoku rating of 44.505, an Ichimoku B rating of 44.505, a Ichimoku visual trend A of 51.93492, an Ichimoku visual trend B of 51.34446, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0. What do these trend indicators mean for SBGI? Click here for an explanation.

MOMENTUM INDICATORS FOR SINCLAIR BROADCAST GROUP, INC. ($SBGI): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 51.15789, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -17.78868, a stochastic oscillator of -84.44444, a stochastic oscillator signal of -84.44444, a Williams %R rating of -184.44444 and an awesome oscillator of 0.08998. What do these momentum indicators mean for SBGI? Click here for an explanation.

RETURNS FOR SINCLAIR BROADCAST GROUP, INC. ($SBGI): There was a daily return of -15.02545, a daily log return of 3.63425 and a cumulative return of 3.7011.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-08-22 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Sinclair Broadcast Group, Inc. ($SBGI)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Sinclair Broadcast Group, Inc. ($SBGI) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.

gary@logistics-business-review.com
Gary Ivenchuck

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