GJS Forecast and Technical Stock Analysis
Buy candidate since 2020-01-17 Gain 1.51% PDF
Goldman Sachs Group Securities STRATS Trust for Goldman Sachs Group Securities, Series 2006-2 gained 1.51% in the last trading day ( Wednesday, 22nd Jan 2020 ), rising from $21.15 to $21.47 During the day the stock fluctuated 0.00% from a day low at $21.47 to a day high of $21.47. The price has been going up and down for this period, and there has been a 0.85% gain for the last 2 weeks. Volume fell in the last day by -1 402 shares and in total, 100 shares bought and sold for approximately $2 147.00. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.
- 30 day high of the GJS stock price was $21.50 and low was $20.95.
- 90 day high was $21.50 and low was $20.20.
- 52 week high for Goldman Sachs Group Securities STRATS Trust for Goldman Sachs Group Securities, Series 2006-2 - $21.50 and low - $20.00.
Goldman Sachs Group Securities STRATS Trust for Goldman Sachs Group Securities, Series 2006-2 lies in the middle of a narrow and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 4.76% during the next 3 months and, with 90% probability hold a price between $22.21 and $22.69 at the end of this period.
Goldman Sachs Group Securities STRATS Trust for Goldman Sachs Group Securities, Series 2006-2 holds buy signals from both short- and long-term moving averages. In addition, 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 $21.30 and $21.14. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday January 16, 2020, which indicates further gains 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. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.
* Golden Star Signal* is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 65 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Goldman Sachs Group Securities STRATS Trust for Goldman Sachs Group Securities, Series 2006-2 finds support from accumulated volume at $20.95.
In general the stock tends to have controlled movements, but the low liquidity has increased the risk substantially.
Our recommended stop-loss: $20.44 (-4.78%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 3 days ago.)
0.18 %Average volatility
Very Low Low Medium High Very High
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!
Top Fintech Company
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