Technical Summary on Broadcasting Stocks -- Research on Sinclair Broadcast, Scripps Networks Interactive, Grupo Televisa, and Media General

Technical Summary on Broadcasting Stocks -- Research on Sinclair Broadcast, Scripps Networks Interactive, Grupo Televisa, and Media General

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LONDON, June 25, 2014 /PRNewswire/ --



On Tuesday, June 24, 2014, the NASDAQ Composite ended at 4,350.36, down 0.42%, the Dow
Jones Industrial Average finished the day 0.70% lower at 16,818.13, and the S&P 500 closed
at 1,949.98, down 0.64%. The losses were broad based as eight out of ten sectors ended the
session in negative. The S&P 500 Consumer Discretionary Sector Index ended the day at
523.62, down 0.24%, while the index has advanced 1.57% in the last one month.
Investor-Edge has initiated coverage on the following equities: Sinclair Broadcast Group
Inc. (NASDAQ: SBGI), Scripps Networks Interactive Inc. (NYSE: SNI), Grupo Televisa S.A.B.
(NYSE: TV) and Media General Inc. (NYSE: MEG). Free technical research on SBGI, SNI, TV
and MEG can be downloaded upon signing up at:



http://www.investor-edge.com/4167-register



On Tuesday, Sinclair Broadcast Group Inc.'s stock recorded a trading volume of 1.53
million shares, which was at par with its three months average volume. The stock finished
the day flat at the previous day's closing price of $29.24, and registered an intraday
range of $29.02 and $30.09. Sinclair Broadcast Group Inc.'s shares have declined 3.18% in
the last one month and 18.16% on YTD basis. However, the stock has advanced 8.66% in the
previous three months. Furthermore, the company's stock is trading above its 50-day moving
average. The stock's 200-day moving average of $30.70 is above its 50-day moving average
of $29.01. Additionally, shares of the company traded at a PE ratio of 24.67 and have a
Relative Strength Index (RSI) of 44.32. Sign up today to read free research on SBGI at:



http://www.investor-edge.com/4167-SBGI-25Jun2014.pdf



Scripps Networks Interactive Inc.'s stock fell by 1.57% to close Tuesday's session at
$80.38, after oscillating between $80.36 and $81.81. The stock recorded a trading volume
of 1.03 million shares, above its three months average volume of 0.65 million shares. Over
the last one month and previous three months, Scripps Networks Interactive Inc.'s shares
have surged 4.91% and 7.04%, respectively. However, from the beginning of 2014, the
company's stock has lost 6.98%. The stock is trading above its 50-day and 200-day moving
averages. The company stock's 200-day moving average of $77.41 is above its 50-day moving
average of $76.18. Further, the company's stock traded at a PE ratio of 22.31 and has an
RSI of 71.49. Sign up today to read free research on SNI at:



http://www.investor-edge.com/4167-SNI-25Jun2014.pdf



On Tuesday, Grupo Televisa S.A.B.'s stock finished the session 0.55% higher at $34.70.
A total of 1.22 million shares were traded, which was below its three months average
volume of 1.79 million shares. The stock moved between $34.21 and $35.04 during the
session. Over the last one month and past three months, Grupo Televisa S.A.B.'s shares
have rallied 4.27% and 11.40%, respectively. Also, the stock has gone up 14.67% since the
start of this year. The company's shares are trading above their 50-day and 200-day moving
averages. Moreover, the stock's 50-day moving average of $33.44 is greater than its
200-day moving average of $30.73. Grupo Televisa S.A.B.'s stock has an RSI of 56.36. Sign
up today to read free research on TV at:



http://www.investor-edge.com/4167-TV-25Jun2014.pdf



Shares in Media General Inc. fluctuated between $17.71 and $18.82 before ending
Tuesday's session up 4.17%, at $18.47. The company's stock reported a trading volume of
1.07 million shares, above its three months average volume of 0.44 million shares.
Further, shares of Media General Inc. have gained 3.71% over the past three trading
sessions and 7.82% over the last one month. However, the stock has plummeted 18.27% on YTD
basis. The stock is trading above its 50-day and 200-day moving averages. The stock's
200-day moving average of $17.08 is greater than its 50-day moving average of $16.89.
Moreover, shares of the company have an RSI of 52.28. Sign up today to read free research
on MEG at:



http://www.investor-edge.com/4167-MEG-25Jun2014.pdf



===============



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===============



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