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Archive
- 3/21/2025 -
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Goldman Sachs Group (GS) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :
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| | It was a first positive week after 4 consecutive negative weeks for the Goldman Sachs Group (GS). During the week, the GS gained 23.70 points, or 4.38%, and closed at 565.10 on Friday, March 21, 2025. It was the best weekly gain since January 17, 2025. Weekly volume was 30% above average.
GS is a member of Financials Sector. Financials is the second 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 July 14, 2022 at 277.84 and reached 672.20 on February 18, 2025. GS gained -394.36 points, or -141.94%, in 135 weeks. The chart has formed a Descending Triangle chart pattern. The uptrend resistance line (308.60) 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 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 chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (558.40) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support 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. The distance between MACD and the signal line is near its high and getting bigger. 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 February 18, 2025 at 672.20 and reached 520.10 on March 13, 2025. GS lost 152.10 points, or 22.63%, in 23 days. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (475.79) 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 short-term trend.
Daily Technical Indicators: [See GS daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. 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 link to access Lane's Stochastic help.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
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.
The distance between the Bollinger Bands is 103.80% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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