RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of GS
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Green day on Thursday for Goldman Sachs Group Inc (The)
(Updated on Mar 28, 2024)

Buy or Hold candidate since Feb 15, 2024 Gain 8.37% PDF

The Goldman Sachs Group Inc (The) stock price gained 0.588% on the last trading day (Thursday, 28th Mar 2024), rising from $415.25 to $417.69. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.02% from a day low at $414.98 to a day high of $419.20. The price has risen in 6 of the last 10 days and is up by 7.48% over the past 2 weeks. Volume fell on the last day by -439 thousand shares and in total, 2 million shares were bought and sold for approximately $788.88 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock has broken the weak rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at $415.39, a level that may pose a second chance to hit a runner. According to fan-theory $443.72 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

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GS Signals & Forecast

Mostly positive signals in the chart today. The Goldman Sachs Group Inc (The) stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $408.72 and $391.97. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 25, 2024, and so far it has risen 3.15%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Sell
Special Signal Notification

Double Top Formation

Double Top Formation

Support, Risk & Stop-loss for Goldman Sachs Group Inc (The) stock

Goldman Sachs Group Inc (The) finds support from accumulated volume at $413.71 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $4.22 (1.02%) between high and low. For the last week, the stock has had daily average volatility of 1.64%.

Our recommended stop-loss: $401.11 (-3.97%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 3 days ago.)

Trading Expectations (GS) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Goldman Sachs Group Inc (The) to open at $417.29, and during the day (based on 14 day Average True Range), to move between $409.78 and $425.60, which gives a possible trading interval of +/-$7.91 (+/-1.89%) up or down from last closing price. If Goldman Sachs Group Inc (The) takes out the full calculated possible swing range there will be an estimated 3.79% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $413.71, some $3.98 (0.95%) from the current price of $417.69, our system finds the risk reward attractive.

Is Goldman Sachs Group Inc (The) stock A Buy?

Goldman Sachs Group Inc (The) holds several positive signals and has broken the weak rising trend up. As the stock is also in great technical shape we, therefore, consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

Current score: 5.916 Strong Buy Candidate Unchanged

Predicted Opening Price for Goldman Sachs Group Inc (The) of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$417.29 ( 0.0958%) $417.69

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for GS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 421.51 0.91 %
R2 419.90 0.529 %
R1 418.90 0.290 %
Current price: 417.69
Support S1 415.68 -0.482 %
S2 414.68 -0.720 %
S3 413.07 -1.11 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 417.69
Support S1 413.71 -0.95%
S2 386.87 -7.38%
S3 380.45 -8.92%

GS Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 12, 2024 Feb 28, 2024 Mar 28, 2024 $2.75 0.658%
2 Oct 12, 2023 Nov 29, 2023 Dec 28, 2023 $2.75 0.712%
3 Jul 19, 2023 Aug 30, 2023 Sep 28, 2023 $2.75 0.85%
4 Apr 18, 2023 May 31, 2023 Sep 28, 2023 $2.50 0.769%
5 Jan 13, 2023 Mar 01, 2023 Jun 29, 2023 $2.50 0.774%

FAQ

What is the symbol for Goldman Sachs Group Inc (The) Stock and on which exchange is it traded?
The symbol for Goldman Sachs Group Inc (The) is GS and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Goldman Sachs Group Inc (The) Stock?
Goldman Sachs Group Inc (The) holds several positive signals and has broken the weak rising trend up. As the stock is also in great technical shape we, therefore, consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

How to buy Goldman Sachs Group Inc (The) Stock?
Goldman Sachs Group Inc (The) Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Goldman Sachs Group Inc (The) Stock.

What's the current price of Goldman Sachs Group Inc (The) Stock?
As of the end of day on the 2024-03-28, the price of an Goldman Sachs Group Inc (The) (GS) share was $417.69.

What is the 52-week high and low for Goldman Sachs Group Inc (The) Stock?
The 52-week high for Goldman Sachs Group Inc (The) Stock is $419.20 and the 52-week low is $289.36.

What is the market capitalization of Goldman Sachs Group Inc (The) Stock?
As of the 2024-03-28, the market capitalization of Goldman Sachs Group Inc (The) is 135.984B.

When is the next earnings date for Goldman Sachs Group Inc (The)?
The upcoming earnings date for Goldman Sachs Group Inc (The) is Apr 15, 2024.
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About Goldman Sachs Group Inc (The)

Goldman Sachs Group (The) The Goldman Sachs Group, Inc., a financial institution, provides a range of financial services for corporations, financial institutions, governments, and individuals worldwide. It operates through four segments: Investment Banking, Global Markets, Asset Management, and Consumer & Wealth Management. The company's Investment Banking segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisi... GS Profile

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