GOLDMAN SACHS GROUP INC (GS) Technical Analysis
NYSE:GS • US38141G1040
Current stock price
890.79 USD
-17.01 (-1.87%)
At close:
891.7 USD
+0.91 (+0.1%)
Pre-Market:
GS Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to GS. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GS is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that GS is one of the better performing stocks in the market, outperforming 84% of all 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 240 other stocks in this industry. GS outperforms 87% of them.
- GS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GS is lagging the market slightly.
- In the last month GS has a been trading in the 790.00 - 918.12 range, which is quite wide. It is currently trading near the high of this range.
- GS has an average volume of 2416850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GS Weekly and Daily overview Charts
GS Setup Rating and Analysis
Although GS has an excellent technical rating, it does not offer a high quality setup 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
GS Support and Resistance Analysis
765.96
985.63
3 important support areas can be observed.
- A support zone ranging from 865.42 to 871.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 813.99 to 823.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 773.70 to 792.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 955.47 to 975.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
GS Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for GS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GS is up. |
| ChartMill Relative Strength | 84.9 | POSITIVE | GS has a high relative strength, it outperformed 84.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GS is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.11 | NEUTRAL | The RSI value for GS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 10.85 | POSITIVE | The MACD value suggests GS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.59 | OVERBOUGHT | The high Stochastics value suggests GS may be overbought. |
| Average True Range in percent/ATR (20) | 2.94 | MEDIUM VOLATILITY | The ATR as a percentage value for GS suggests some volalility. |
| Average Directional Index/ADX (14) | 16.91 | NEGATIVE | The low ADX value for GS suggests a weak or negative trend. |
GS Chart- and CandleStick Pattern Analysis
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)
GS Technicals: Chart, Performance Metrics, Trend & Indicators
890.79
-17.01 (-1.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-1.87%
1 Week2.86%
2 Weeks10.95%
1 Month13.88%
3 Month-7.4%
6 Month18.65%
12 Month74.84%
2 Year108.76%
3 Year159.37%
5 Year155.64%
10 Year442.8%
15 Year489.89%
Volatility
ATR(14)26.78
ATR(20)%2.94%
ATR Inc4.8%
Range Today31.6
ADR(20)21.93
ADR(20)%2.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.9
3 months CRS29.31
6 months CRS83.07
Mansfield0.89
10 Day High918.12
10 Day Low801.88
20 Day High918.12
20 Day Low790
52 Week High984.7
52 Week Low494.68
CS1 End871.62
CR1 Start955.47
Volume & EV
DER(3)-0.99%
DER(5)0.89%
Volume4.24M
Volume Incr6.45%
Vol(5)2.32M
Vol(50)2.42M
GOLDMAN SACHS GROUP INC / GS TA FAQ
Can you provide the ChartMill technical rating for GOLDMAN SACHS GROUP INC?
ChartMill assigns a technical rating of 9 / 10 to GS.
Can you provide the trend direction for GOLDMAN SACHS GROUP INC?
The current trend direction for GOLDMAN SACHS GROUP INC (GS) is Bullish.
Can you provide the RSI signal for GOLDMAN SACHS GROUP INC?
GOLDMAN SACHS GROUP INC (GS) has an RSI value of 59.1073. This indicates that the stock is currently neutral.
What is the short term momentum for GS stock?
The short term momentum for GOLDMAN SACHS GROUP INC (GS) is positive.
Can you provide the buy/sell signal for GOLDMAN SACHS GROUP INC?
The buy/sell signal for GOLDMAN SACHS GROUP INC (GS) is buy as both the short term and long term trends are positive.