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- 10/9/2026 -
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Goldman Sachs Group (GS) Technical Analysis

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Summary:
Weekly :Broken trend resistance lineLane's Stochastic oversoldWilliams' Percentage Range is strongly oversoldStochastic has raised above the signal line
Daily :20 Day Moving Average has crossed below the 50 Day Moving AverageWilliams' Percentage Range is oversoldStochastic signal line moved above oversold areaThe price has risen above the Parabolic SAR
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It was the negative week for the Goldman Sachs Group (GS). During the week, the GS gave back -7.24 points, or -0.80%, and closed at 895.32 on Friday, October 9, 2026. On Friday GS has reached 878.86 - the lowest level since April 17, 2026. Weekly volume was -8% below average.

Long-term trend: [See GS long-term trend chart]
A long-term uptrend had started on November 21, 2008 at 47.41 and reached 1153.99 on July 15, 2026. GS gained -1106.58 points, or -2334.06%, in 920 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (264.44) 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 downtrend had started on July 15, 2026 at 1153.99 and reached 868.52 on October 7, 2026. GS lost 285.47 points, or 24.74%, in 12 weeks. The price is now at the 9.39% retracement level.

Weekly Technical Indicators: [See GS weekly technical indicators chart]
Weekly Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Lane's Stochastic or strongly oversold weekly Williams' Percentage Range. During the last week, weekly Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish 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 links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is below its signal line since July 31, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. 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 September 8, 2026 at 1043.84 and reached 868.52 on October 7, 2026. GS lost 175.32 points, or 16.80%, in 29 days. The chart has formed a Falling Wedge chart pattern.

Daily Technical Indicators: [See GS daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal.

The daily MACD line is below its signal line since September 11, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 25.93
Williams' Percentage Range (W%R) 86.80
Oversold
Lane's Stochastic (%D-Slow) 29.75
Greed/Fear Indicator (GFI) 22.96
Moving Average Converg./Diverg. (MACD) -30.72
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 26.36
Williams' Percentage Range (W%R) 93.30
Strong Oversold
Lane's Stochastic (%D-Slow) 12.99
Oversold
Greed/Fear Indicator (GFI) 19.33
Oversold
Moving Average Converg./Diverg. (MACD) 29.53
Trading Signals
Description Value Chart
50 Day Moving Average 989.93
Upper Bollinger Band 988.10
20 Day Moving Average 924.42
Price 895.32
Weekly Stochastic Crossing 885.55
Daily Stochastic Crossing 884.19
Lower Bollinger Band 868.72
Parabolic System 867.65
Sector and Industry
Description Name Rank
Sector Financials 7
Industry Investment Banking & Brokerage 31
Daily Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
High 1043.84
High Date 09/08/2026
Low 868.52
Low Date 10/07/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 1153.99
High Date 07/15/2026
Low 868.52
Low Date 10/07/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 289.36
Low Date 10/27/2023
High 1153.99
High Date 07/15/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 277.84
Low Date 07/14/2022
High 1153.99
High Date 07/15/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 413.73
Support 264.44
Low 47.41
Low Date 11/21/2008
High 1153.99
High Date 07/15/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.