GOLDMAN SACHS EQL WGHT LARGE (GSEW) Stock Technical Analysis
NYSEARCA:GSEW - NYSE Arca - US3814304388 - ETF - Currency: USD
Taking everything into account, GSEW scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, GSEW is only an average performer.
Besides having an excellent technical rating, GSEW also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 84.15. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 83.74, a Stop Loss order could be placed below this zone.
More info and screens
68.02
We found 5 important support areas.
- A support zone ranging from 80.89 to 83.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @79.11 from a horizontal line in the daily time frame.
- Support @77.63 from a horizontal line in the daily time frame.
- A support zone ranging from 70.75 to 71.73. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @68.71 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 84.15 to 84.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 GSEW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GSEW is up. |
| ChartMill Relative Strength | 68.61 | NEUTRAL | GSEW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GSEW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GSEW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GSEW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.37 | NEUTRAL | The RSI value for GSEW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests GSEW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.18 | OVERBOUGHT | The high Stochastics value suggests GSEW may be overbought. |
| Average True Range in percent/ATR (20) | 0.82 | LOW VOLATILITY | The low ATR as a percentage value for GSEW suggests low volalility. |
| Average Directional Index/ADX (14) | 22.93 | NEUTRAL | The ADX value for GSEW suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 84.16 | 81.06 | 3.10 (3.68%) | 25.00% |
| An entry @84.16. This is a Buy Stop order right above the resistance zone. | An exit @81.06. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.10 points, which is 3.68%. | For a 0.92% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:GSEW (7/28/2025, 8:04:01 PM)
83.75
-0.4 (-0.48%)