|
|
Archive - 7/2/2026 - Sign In to see current Signals. |
Goldman Sachs Group (GS) Technical Analysis
|
 |
| Summary:
| | Weekly :    | | Daily : Move cursor over the icon to see details.
| | It was a first positive week for the Goldman Sachs Group (GS). During the week, the GS climbed 1.39 points, or 0.14%, and closed at 1021.00 on Thursday, July 2, 2026. GS was trading at average weekly trading volume. GS is a member of Financials Sector. Financials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See GS long-term trend chart] A long-term uptrend had started on November 21, 2008 at 47.41 and reached 1125.00 on June 18, 2026. GS gained -1077.59 points, or -2272.92%, in 916 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (261.11) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See GS medium-term trend chart] A medium-term uptrend had started on March 13, 2026 at 780.50 and reached 1125.00 on June 18, 2026. GS gained -344.50 points, or -44.14%, in 13 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (1064.05) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. GS may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
Weekly Technical Indicators: [See GS weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The weekly MACD line is above its signal line since May 8, 2026. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See GS short-term trend chart] A short-term downtrend had started on June 18, 2026 at 1125.00 and reached 1003.00 on July 1, 2026. GS lost 122.00 points, or 10.84%, in 13 days. The price is now at the 14.75% retracement level.
Daily Technical Indicators: [See GS daily technical indicators chart] Daily Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Lane's Stochastic. The daily MACD line is below its signal line since June 23, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term downtrend is strong.
| |
|
|