Goldman Sachs's most recent trend suggests a bearish bias. One trading opportunity on Goldman Sachs is a Bear Call Spread using a strike $172.50 short call and a strike $177.50 long call offers a potential 21.95% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $172.50 by expiration. The full premium credit of $0.90 would be kept by the premium seller. The risk of $4.10 would be incurred if the stock rose above the $177.50 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 47.21 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Goldman Sachs
Target Lowered By Goldman Sachs, Morgan Stanley
Wed, 06 Aug 2014 12:31:49 GMT
Why Goldman Sachs (GS) Could Beat Earnings Estimates Again
Wed, 06 Aug 2014 11:05:09 GMT
[$$] Goldman Calls ‘End of the Line' for Riskier Euro-Zone Debt
Wed, 06 Aug 2014 05:08:46 GMT
The Wall Street Journal – Goldman Sachs is calling time on one of the most successful trades of the past two years: buying riskier euro-zone government bonds.
[$$] Goldman Sachs Cuts Cash in GSIP Hedge Fund
Wed, 06 Aug 2014 05:08:29 GMT
The Wall Street Journal – Goldman Sachs Group Inc. is pulling cash from one of its largest internal hedge funds to comply with rules limiting how banks invest their own money.
China’s Top Stock Fund Sees 15% Rally on Graft Crackdown
Wed, 06 Aug 2014 01:39:21 GMT
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