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Archive - 8/28/2026 - 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 gave back -5.29 points, or -0.51%, and closed at 1033.99 on Friday, August 28, 2026. Weekly volume was -18% 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 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 (263.04) 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 1153.99 on July 15, 2026. GS gained -373.49 points, or -47.85%, in 17 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (1124.63) is broken. A broken support is considered to be a long-term bearish 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 support 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 July 31, 2026. 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 July 15, 2026 at 1153.99 and reached 977.70 on July 29, 2026. GS lost 176.29 points, or 15.28%, in 14 days. The chart has formed a Symmetric Triangle chart pattern.
Daily Technical Indicators: [See GS daily technical indicators chart] Daily technical indicators are neutral. 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 declined below the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands (4.85%) is close to one year low (5.79%). It is 57.85% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. 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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