GOLDMAN SACHS GROUP INC (GS) Stock Technical Analysis
NYSE:GS - New York Stock Exchange, Inc. - US38141G1040 - Common Stock - Currency: USD
Taking everything into account, GS scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month GS has a been trading in the 598.32 - 672.19 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, GS did better than 92% of all other stocks. We also observe that the gains produced by GS over the past year are nicely spread over this period.
GS is part of the Capital Markets industry. There are 225 other stocks in this industry. GS outperforms 92% of them.
GS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so GS is performing more or less in line with the market.
GS has an average volume of 2482590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although GS has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
554.39
678.92
When analyzing the support we can see 3 important areas.
- A support zone ranging from 598.80 to 605.25. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @581.75 from a trend line in the weekly time frame.
- Support @559.99 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @672.20 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.83
Mansfield1.35
10 Day High672.19
10 Day Low598.32
20 Day High672.19
20 Day Low598.32
52 Week High672.19
52 Week Low381.42
Performance
1 Week-3.33%
2 Weeks-8.37%
1 Month-5.49%
3 Month0.93%
6 Month26.2%
12 Month56.4%
2 Year85.03%
3 Year83.36%
5 Year291.53%
10 Year222%
15 Year254.72%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-6.82
RSI(14)40.02
LBB593.73
UBB678.89
605.26
-17.03 (-2.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-2.74%
1 Week-3.33%
2 Weeks-8.37%
1 Month-5.49%
3 Month0.93%
6 Month26.2%
12 Month56.4%
2 Year85.03%
3 Year83.36%
5 Year291.53%
10 Year222%
15 Year254.72%
Volatility
ATR(14)17.96
ATR(20)%2.75%
ATR Inc52.32%
Range Today30.46
ADR(20)16.05
ADR(20)%2.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.83
Mansfield1.35
10 Day High672.19
10 Day Low598.32
20 Day High672.19
20 Day Low598.32
52 Week High672.19
52 Week Low381.42
CS1 End605.25
CR1 Start672.2
Volume & EV
DER(3)0.56%
DER(5)1.61%
Volume3.15M
Volume Incr13.89%
Vol(5)2.75M
Vol(50)2.48M