Goldman Sachs's most recent trend suggests a bearish bias. One trading opportunity on Goldman Sachs is a Bear Call Spread using a strike $175.00 short call and a strike $185.00 long call offers a potential 18.34% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $175.00 by expiration. The full premium credit of $1.55 would be kept by the premium seller. The risk of $8.45 would be incurred if the stock rose above the $185.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Goldman Sachs is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Goldman Sachs is bearish.
The RSI indicator is at 52.46 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Goldman Sachs
KKR and Goldman seize control of British oil group Expro
Wed, 14 Sep 2016 04:57:00 GMT
EU's Schulz calls for review of ethics code after Barroso goes to Goldman
Wed, 14 Sep 2016 04:02:43 GMT
EU's Schulz calls for review of ethics code after Barroso goes to Goldman
Wed, 14 Sep 2016 04:00:01 GMT
Reuters – European Parliament President Martin Schulz said the European Union should revise its code of conduct after the furor caused by former European Commission President Jose Manuel Barroso taking a job with U.S. bank Goldman Sachs, a German paper reported on Wednesday. “We should adapt the code of conduct to make it clearer what former EU Commission presidents and EU commissioners are permitted to do,” Schulz told the German newspaper Die Welt in an interview.
Chevron, American Express Sink Dow on Tuesday
Tue, 13 Sep 2016 20:01:48 GMT
Stocks Fall Sharply As Oil Slides; Apple Defies Sell-Off On iPhone News
Tue, 13 Sep 2016 19:11:07 GMT
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