Goldman Sachs's most recent trend suggests a bearish bias. One trading opportunity on Goldman Sachs is a Bear Call Spread using a strike $210.00 short call and a strike $215.00 long call offers a potential 29.53% return on risk over the next 4 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $210.00 by expiration. The full premium credit of $1.14 would be kept by the premium seller. The risk of $3.86 would be incurred if the stock rose above the $215.00 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 39.4 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Goldman Sachs
The pitfalls of social impact bonds
Mon, 13 Jul 2015 10:32:18 GMT
Financial Times – A loss of $7.2m will hardly sting Goldman Sachs, which earned $8.5bn last year, or Michael Bloomberg, the billionaire former mayor of New York, but it risks hurting the nascent asset class known as social …
MOVES-Fulcrum Asset Management appoints Fiona Boal commodity research director
Mon, 13 Jul 2015 10:30:46 GMT
Corporate diary: July 13 – July 17
Sun, 12 Jul 2015 23:08:56 GMT
Financial Times – Diary commentary from FT reporters; data and company announcements, unless otherwise stated, from Thomson Reuters. Company announcements are of information publicly available before last week. < The ...
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Sun, 12 Jul 2015 13:10:53 GMT
JPMorgan, Big Bank Analysts Expect M&A, IPO Fee Boost
Sun, 12 Jul 2015 12:02:00 GMT
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