REPORTING FOR 2019-10-17 | 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) ($GS) opened at 206.17, reaching a high of 208.62 and a low of 206.1 before closing at a price of 207.42. There was a total volume of 3365490.
VOLUME INDICATORS FOR GOLDMAN SACHS GROUP, INC. (THE) ($GS): We saw an accumulation-distribution index of 650.0593, an on-balance volume of -206.46, chaikin money flow of 1.05714 and a force index of 5.088. There was an ease of movement rating of 0.06876, a volume-price trend of 3.95183 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR GOLDMAN SACHS GROUP, INC. (THE) ($GS): We noted an average true range of 2.62343, bolinger bands of 212.94746, an upper bollinger band of 191.76254, lower bollinger band of 206.1, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 206.96333, high band keltner channel of 204.51333, low band keltner channel of 209.41333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 206.1, a donchian channel low band of 206.1, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR GOLDMAN SACHS GROUP, INC. (THE) ($GS): We calculated a Moving Average Convergence Divergence (MACD) of -0.16804, a MACD signal of -0.09336, a MACD difference of -0.07469, a fast Exponential Moving Average (EMA) indicator of 206.1, a slow Exponential Moving Average (EMA) indicator of 206.1, 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 0.00253, a trix of 0.89414, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -3.94096, a KST Oscillator (KST) of 19.49437 and a KST Oscillator (KST Signal) of 19.49437 (leaving a KST difference of -9.26251). We also found an Ichimoku rating of 207.395, an Ichimoku B rating of 207.395, a Ichimoku visual trend A of 206.44724, an Ichimoku visual trend B of 207.67054, 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) ($GS): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 98.25478, a stochastic oscillator of 102.85714, a stochastic oscillator signal of 102.85714, a Williams %R rating of 2.85714 and an awesome oscillator of -0.777.
RETURNS FOR GOLDMAN SACHS GROUP, INC. (THE) ($GS): There was a daily return of 1.94944, a daily log return of -3.70184 and a cumulative return of -3.63416.
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 2019-10-17 (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.