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Archive - 5/23/2025 - Sign In to see current Signals. |
Goldman Sachs Group (GS) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :  Move cursor over the icon to see details.
| | It was the negative week for the Goldman Sachs Group (GS). During the week, the GS dropped -20.49 points, or -3.31%, and closed at 598.54 on Friday, May 23, 2025. Weekly volume was -8% below average. 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 October 27, 2023 at 289.36 and reached 672.20 on February 18, 2025. GS gained -382.84 points, or -132.31%, in 68 weeks. The price is now at the 19.24% retracement level.
Medium-term trend: [See GS medium-term trend chart] A medium-term downtrend had started on February 18, 2025 at 672.20 and reached 439.40 on April 7, 2025. GS lost 232.80 points, or 34.63%, in 6 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (282.75) is broken. A broken support is considered to be a long-term bullish signal. 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 medium-term trend.
Weekly Technical Indicators: [See GS weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since February 28, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See GS short-term trend chart] A short-term uptrend had started on April 7, 2025 at 439.40 and reached 620.79 on May 16, 2025. GS gained -181.39 points, or -41.28%, in 39 days. The price is now at the 12.27% retracement level.
Daily Technical Indicators: [See GS daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). 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 daily MACD line is above its signal line since April 14, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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.
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