GOLDMAN SACHS BDC INC (GSBD) Stock Technical Analysis
NYSE:GSBD - New York Stock Exchange, Inc. - US38147U1079 - Common Stock - Currency: USD
Taking everything into account, GSBD scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. GSBD was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, GSBD is a bad performer in the overall market: 82% of all stocks are doing better.
GSBD is part of the Capital Markets industry. There are 235 other stocks in this industry, of which 79% are performing better than GSBD.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
GSBD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GSBD is lagging the market.
In the last month GSBD has a been trading in the 11.12 - 12.03 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, GSBD does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 11.75, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
10.88
12.83
When analyzing the support we can see 2 important areas.
- A support zone ranging from 11.24 to 11.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.99 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 11.80 to 11.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.70 from a trend line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for GSBD is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GSBD is up. |
| ChartMill Relative Strength | 18.77 | NEGATIVE | GSBD has a low relative strength, it was outperformed by 81.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GSBD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GSBD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GSBD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.72 | NEUTRAL | The RSI value for GSBD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GSBD has a negative trend. |
| Stochastics (14,3) | 66.79 | NEUTRAL | The Stochastics value for GSBD is a neutral value. |
| Average True Range in percent/ATR (20) | 1.72 | LOW VOLATILITY | The low ATR as a percentage value for GSBD suggests low volalility. |
| Average Directional Index/ADX (14) | 14.36 | NEGATIVE | The low ADX value for GSBD suggests a weak or negative trend. |
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)
11.77
+0.15 (+1.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg1.29%
1 Week-0.42%
2 Weeks1.38%
1 Month3.25%
3 Month7.78%
6 Month-7.47%
12 Month-22.16%
2 Year-17.63%
3 Year-33.12%
5 Year-22.46%
10 Year-50.02%
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%1.72%
ATR Inc33.31%
Range Today0.17
ADR(20)0.18
ADR(20)%1.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.77
Mansfield-1.33
10 Day High12.03
10 Day Low11.57
20 Day High12.03
20 Day Low11.12
52 Week High15.17
52 Week Low9.51
CS1 End11.75
CR1 Start11.8
Volume & EV
DER(3)-4.04%
DER(5)-4.77%
Volume670.00K
Volume Incr-5.91%
Vol(5)721.32K
Vol(50)660.39K