Goldman Sachs Group Securities STRATS Stock Forecast
Goldman Sachs Group Securities STRATS stock price down 0% on Thursday
(Updated on Apr 25, 2024)
No changes to the price of Goldman Sachs Group Securities STRATS stock on the last trading day (Thursday, 25th Apr 2024). During the last trading day the stock fluctuated 0% from a day low at $22.70 to a day high of $22.70. The price has fallen in 4 of the last 10 days and is down by -1.51% for this period.
The stock 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 4.13% during the next 3 months and, with a 90% probability hold a price between $23.40 and $24.32 at the end of this 3-month period.
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GJS Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, April 23, 2024, and so far it has fallen 0%. 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 Group Securities STRATS stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $22.85 and $22.74. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued. The stock had a Golden Star Signal on Tuesday, January 30, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Wednesday, October 11, 2023.
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.
Golden Star
The stock had a Golden Star Signal on Tuesday, January 30, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Wednesday, October 11, 2023.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.
Golden Star 12 Months
The stock had a Golden Star Signal on Tuesday, January 30, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Wednesday, October 11, 2023.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.
Support, Risk & Stop-loss for Goldman Sachs Group Securities STRATS stock
Goldman Sachs Group Securities STRATS finds support from accumulated volume at $22.50 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0.434%
Our recommended stop-loss: $21.27 (-6.30%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 2 days ago.)
Trading Expectations (GJS) For The Upcoming Trading Day Of Friday 26th
For the upcoming trading day on Friday, 26th we expect Goldman Sachs Group Securities STRATS Trust for Goldman Sachs Group Securities, Series 2006-2 to open at $22.70, and during the day (based on 14 day Average True Range), to move between $22.51 and $22.90, which gives a possible trading interval of +/-$0.193 (+/-0.85%) up or down from last closing price. If Goldman Sachs Group Securities STRATS Trust for Goldman Sachs Group Securities, Series 2006-2 takes out the full calculated possible swing range there will be an estimated 1.70% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $22.80 (0.43%) than the support at $22.50 (0.89%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Goldman Sachs Group Securities STRATS Trust for Goldman Sachs Group Securities, Series 2006-2 stock A Buy?
Goldman Sachs Group Securities STRATS holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.000 Hold/Accumulate Unchanged
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for Goldman Sachs Group Securities STRATS Trust for Goldman Sachs Group Securities, Series 2006-2 of Friday, April 26, 2024
Fair opening price April 26, 2024 | Current price |
---|---|
$22.70 ( 0%) | $22.70 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for GJS
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 22.70 | . | |
R2 | 22.70 | . | ||
R1 | 22.70 | . | ||
Current price: | 22.70 | |||
Support | S1 | 22.70 | . | |
S2 | 22.70 | . | ||
S3 | 22.70 | . |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 23.05 | 1.53 % | |
R2 | 22.89 | 0.81 % | ||
R1 | 22.80 | 0.432 % | ||
Current price | 22.70 | |||
Support | S1 | 22.50 | -0.89% | |
S2 | 22.21 | -2.17% | ||
S3 | 22.15 | -2.43% |
GJS Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Apr 11, 2024 | Apr 11, 2024 | Apr 15, 2024 | $0.131 | 0.565% |
2 | Mar 13, 2024 | Mar 13, 2024 | Mar 15, 2024 | $0.109 | 0.475% |
3 | Feb 13, 2024 | Feb 13, 2024 | Feb 15, 2024 | $0.131 | 0.589% |
4 | Jan 11, 2024 | Jan 11, 2024 | Jan 16, 2024 | $0.132 | 0.598% |
5 | Dec 13, 2023 | Dec 13, 2023 | Dec 13, 2023 | $0.132 | 0.600% |
FAQ
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