Sinclair Broadcast Group Stock Forecast

Buy candidate since Jun 09, 2026

The Sinclair Broadcast Group stock price gained 1.15% on the last trading day (Tuesday, 9th Jun 2026), rising from $13.92 to $14.08. During the last trading day the stock fluctuated 3.12% from a day low at $13.93 to a day high of $14.36. The price has risen in 6 of the last 10 days and is up by 2.62% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 90 thousand more shares were traded than the day before. In total, 436 thousand shares were bought and sold for approximately $6.14 million.

The stock lies in the lower part of a very wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $13.57 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 2.35% during the next 3 months and, with a 90% probability hold a price between $13.89 and $17.50 at the end of this 3-month period.

SBGI Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, May 20, 2026, and so far it has risen 4.37%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Sinclair Broadcast Group stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $14.50. On a fall, the stock will find some support from the short-term average at $13.91. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.

Support, Risk & Stop-loss for Sinclair Broadcast Group stock

Sinclair Broadcast Group finds support from accumulated volume at $13.85 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.435 between high and low, or 3.12%. For the last week the stock has had daily average volatility of 3.24%.

Our recommended stop-loss: $13.34 (-5.23%) (This stock has very low daily movements and this gives very low risk. There is a buy signal from a pivot bottom found 13 days ago.)

Trading Expectations (SBGI) For The Upcoming Trading Day Of Wednesday 10th

For the upcoming trading day on Wednesday, 10th we expect Sinclair Broadcast Group to open at $14.12, and during the day (based on 14 day Average True Range), to move between $13.83 and $14.33, which gives a possible trading interval of +/-$0.507 (+/-3.67%) up or down from last closing price. If Sinclair Broadcast Group takes out the full calculated possible swing range there will be an estimated 3.67% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $14.13 (0.36%) than the support at $13.85 (1.63%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Sinclair Broadcast Group stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Sinclair Broadcast Group stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Current score: 2.510 Buy Candidate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on June 10, 2026 - $14.12 ( 0.296%).

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