In its latest trading session, Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) dropped by -0.1% – here is what that looked like (as of 2020-01-06):

What is the cause of all this?? To understand this better, We ought to analyze some technical indicators. The most interesting and telling are these ones:

A *Money Flow Index* (MFI) of 51.061, a *Relative Strength Index* (RSI) of 50.0, a *True Strength Index* (TSI) of -100.0, a *Moving Average Convergence Divergence (MACD)* of 0.017, an *Average Directional Movement Index* (ADX) of unknown, an *Average True Range* (ATR) of 0.955, an *Accumulation/Distribution Index* (ADI) of 0.955, an *On-Balance Volume* (OBV) of 905.733, and a *Chaiikin Money Flow* (CMF) of 32.04. 4.569

Now let’s plug these indicators in. Consulting *Trading View*, we can conclude the following:

So when putting all the technical indicators together, this is what you get. And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.