REPORTING FOR 2019-10-15 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how GS has been trading over the last 2 weeks and the past day especially. On its latest session, Goldman Sachs Group, Inc. (The) ($GS) opened at 203.83, reaching a high of 206.165 and a low of 202.92 before closing at a price of 205.82. There was a total volume of 2242864.
VOLUME INDICATORS FOR GOLDMAN SACHS GROUP, INC. (THE) ($GS): We saw an accumulation-distribution index of 570.92501, an on-balance volume of 204.68, chaikin money flow of 1.77944 and a force index of 32.011. There was an ease of movement rating of -0.00885, a volume-price trend of 0.92536 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR GOLDMAN SACHS GROUP, INC. (THE) ($GS): We noted an average true range of 2.61939, bolinger bands of 204.45137, an upper bollinger band of 202.18863, lower bollinger band of 202.92, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 204.305, high band keltner channel of 201.97, low band keltner channel of 206.64, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 202.92, a donchian channel low band of 202.92, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR GOLDMAN SACHS GROUP, INC. (THE) ($GS): We calculated a Moving Average Convergence Divergence (MACD) of 0.01795, a MACD signal of 0.00997, a MACD difference of 0.00798, a fast Exponential Moving Average (EMA) indicator of 202.92, a slow Exponential Moving Average (EMA) indicator of 202.92, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.01549, a trix of -0.48846, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -0.99566, a KST Oscillator (KST) of 4.93088 and a KST Oscillator (KST Signal) of 4.93088 (leaving a KST difference of 0.99047). We also found an Ichimoku rating of 204.9975, an Ichimoku B rating of 204.9975, a Ichimoku visual trend A of 206.03597, an Ichimoku visual trend B of 207.47179, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.
MOMENTUM INDICATORS FOR GOLDMAN SACHS GROUP, INC. (THE) ($GS): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 52.24762, a stochastic oscillator of 138.97216, a stochastic oscillator signal of 138.97216, a Williams %R rating of 38.97216 and an awesome oscillator of -0.71692.
RETURNS FOR GOLDMAN SACHS GROUP, INC. (THE) ($GS): There was a daily return of 0.49309, a daily log return of 0.39347 and a cumulative return of 0.39424.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-10-15 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Goldman Sachs Group, Inc. (The) ($GS)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Goldman Sachs Group, Inc. (The) ($GS) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.