Goldman Sachs's most recent trend suggests a bullish bias. One trading opportunity on Goldman Sachs is a Bull Put Spread using a strike $162.50 short put and a strike $157.50 long put offers a potential 22.25% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $162.50 by expiration. The full premium credit of $0.91 would be kept by the premium seller. The risk of $4.09 would be incurred if the stock dropped below the $157.50 long put 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 up which suggests that the medium-term momentum for Goldman Sachs is bullish.
The RSI indicator is at 79.28 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Goldman Sachs
Goldman-Aleynikov Fee Fight Turns On Wall Street VP Inflation
Thu, 28 Apr 2016 09:00:01 GMT
Brazil online card company Nubank gets $53 mln loans from Goldman Sachs
Wed, 27 Apr 2016 20:05:22 GMT
Reuters – Brazil's online credit card provider Nubank secured about $53 million in credit lines from a unit of Goldman Sachs Group Inc, boosting the three-year-old company's effort to expand a fast-growing client …
Libya SWF case against Goldman Sachs back in London court on May 5
Wed, 27 Apr 2016 19:50:38 GMT
Should you open a savings account with Goldman Sachs?
Wed, 27 Apr 2016 18:30:01 GMT
Muted market reaction to Fed
Wed, 27 Apr 2016 18:05:00 GMT
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