Goldman Sachs's most recent trend suggests a bearish bias. One trading opportunity on Goldman Sachs is a Bear Call Spread using a strike $185.00 short call and a strike $195.00 long call offers a potential 19.05% return on risk over the next 38 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $185.00 by expiration. The full premium credit of $1.60 would be kept by the premium seller. The risk of $8.40 would be incurred if the stock rose above the $195.00 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 38.32 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Goldman Sachs
What to expect from Goldman Sachs’ earnings
Wed, 15 Oct 2014 20:43:58 GMT
What to Watch in the Day Ahead – Thursday, Oct. 16
Wed, 15 Oct 2014 19:07:26 GMT
Reuters – Thomson One users can register at RT/DAY/US. All times in ET/GMT) Internet ad titan Google Inc releases third-quarter earnings after the bell. Goldman Sachs Group Inc will report third-quarter earnings before the bell. Federal Reserve Chair Janet Yellen tours the CONNECT facility and meets consortium leaders and local residents to hear about conditions in the local economy and the impact of CONNECT for residents entering or re-entering the workforce (1245/1645).
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Wed, 15 Oct 2014 19:06:00 GMT
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Wed, 15 Oct 2014 18:09:37 GMT
BofA's Trading Revenue Lifts Bank To Small Q3 Profit
Wed, 15 Oct 2014 17:54:00 GMT
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