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Goldman Sachs ActiveBeta U.S. Large Cap ETF Forecast

$99.51
-0.540 (-0.540%)
At Close: Apr 25, 2024
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.
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Goldman Sachs ActiveBeta U.S. Large Cap ETF price down 0.540% on Thursday
(Updated on Apr 25, 2024)

Buy candidate since Apr 24, 2024 Loss -0.54% PDF

The Goldman Sachs ActiveBeta U.S. Large Cap ETF price fell by -0.540% on the last day (Thursday, 25th Apr 2024) from $100.05 to $99.51. During the last trading day the ETF fluctuated 1.28% from a day low at $98.40 to a day high of $99.66. The price has fallen in 7 of the last 10 days and is down by -2.77% for this period. Volume fell on the last day along with the ETF, which is actually a good sign as volume should follow the ETF. On the last day, the trading volume fell by -70 thousand shares and in total, 178 thousand shares were bought and sold for approximately $17.72 million.

The ETF lies in the lower part of a weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $98.30 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the ETF is expected to rise 3.87% during the next 3 months and, with a 90% probability hold a price between $102.11 and $109.51 at the end of this 3-month period.

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GSLC Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, April 19, 2024, and so far it has risen 1.49%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Goldman Sachs ActiveBeta U.S. Large Cap ETF holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the ETF giving a more negative forecast for the stock. On further gains, the ETF will meet resistance from the long-term Moving Average at $101.71. On a fall, the ETF will find some support from the short-term average at $99.17. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Goldman Sachs ActiveBeta U.S. Large Cap ETF

Goldman Sachs ActiveBeta U.S. Large Cap finds support from accumulated volume at $98.87 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the ETF tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the ETF moved $1.26 between high and low, or 1.28%. For the last week the ETF has had daily average volatility of 1.11%.

Our recommended stop-loss: $93.66 (-5.88%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 4 days ago.)

Trading Expectations (GSLC) For The Upcoming Trading Day Of Friday 26th

For the upcoming trading day on Friday, 26th we expect Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF to open at $99.19, and during the day (based on 14 day Average True Range), to move between $98.35 and $100.67, which gives a possible trading interval of +/-$1.16 (+/-1.17%) up or down from last closing price. If Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF takes out the full calculated possible swing range there will be an estimated 2.33% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $98.87 (0.64%) than the resistance at $102.66 (3.17%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF ETF A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Goldman Sachs ActiveBeta U.S. Large Cap ETF to perform well in the short-term.

Current score: 1.161 Buy Candidate Unchanged

Predicted Opening Price for Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF of Friday, April 26, 2024

Fair opening price April 26, 2024 Current price
$99.19 ( 0.321%) $99.51

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

Trading levels for GSLC

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 100.45 0.95 %
R2 99.97 0.462 %
R1 99.67 0.163 %
Current price: 99.51
Support S1 98.71 -0.81 %
S2 98.41 -1.10 %
S3 97.93 -1.59 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 102.94 3.45 %
R2 102.72 3.23 %
R1 102.66 3.17 %
Current price 99.51
Support S1 98.87 -0.643%
S2 98.40 -1.12%
S3 98.37 -1.15%

GSLC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 07, 2024 Mar 22, 2024 Mar 28, 2024 $0.305 0.294%
2 Dec 26, 2023 Dec 26, 2023 Dec 26, 2023 $0.406 0.433%
3 Mar 10, 2023 Sep 25, 2023 Sep 29, 2023 $0.274 0.326%
4 Mar 10, 2023 Jun 26, 2023 Jun 30, 2023 $0.334 0.383%
5 Mar 10, 2023 Mar 27, 2023 Mar 31, 2023 $0.282 0.347%

FAQ

What is the symbol for Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF ETF and on which exchange is it traded?
The symbol for Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF is GSLC and it is traded on the NYSEARCA (NYSE Arca).

Should I buy or sell Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF ETF?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Goldman Sachs ActiveBeta U.S. Large Cap ETF to perform well in the short-term.

How to buy Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF ETF?
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF ETF 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 ActiveBeta U.S. Large Cap Equity ETF ETF.

What's the current price of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF ETF?
As of the end of day on the Apr 25, 2024, the price of an Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GSLC) share was $99.51.

What is the 52-week high and low for Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF ETF?
The 52-week high for Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF ETF is $104.23 and the 52-week low is $80.05.

What is the market capitalization of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF ETF?
As of the Apr 25, 2024, the market capitalization of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF is 12.533B.
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About Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

The index is designed to deliver exposure to equity securities of large capitalization U.S. issuers. The fund seeks to achieve its investment objective by investing at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index, in depositary receipts representing securities included in its underlying index and in underlying stocks in respect of depositary receipts included in its ... GSLC Profile

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