Goldman Sachs's most recent trend suggests a bearish bias. One trading opportunity on Goldman Sachs is a Bear Call Spread using a strike $252.50 short call and a strike $257.50 long call offers a potential 36.99% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $252.50 by expiration. The full premium credit of $1.35 would be kept by the premium seller. The risk of $3.65 would be incurred if the stock rose above the $257.50 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 68.8 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Goldman Sachs
IIM-B to incubate 15 start-ups by women entrepreneurs
Mon, 27 Feb 2017 15:58:09 GMT
Goldman's new London office set for occupancy in 2019
Mon, 27 Feb 2017 15:52:55 GMT
Goldman's new London office set for occupancy in 2019
Mon, 27 Feb 2017 15:50:35 GMT
Reuters – UK Focus – Goldman Sachs Group Inc is building a 1.1 million square foot office in London with initial occupancy slated for 2019, it said in a regulatory filing on Monday, even as global banks grapple with risks around Brexit. When completed, the new London building would be about half the size of Goldman's executive offices in downtown New York at 200 West Street. The bank currently has around 1.2 million square feet of office space in London in various properties, including its current European headquarters at Peterborough Court.
Goldman's new London office set for occupancy in 2019
Mon, 27 Feb 2017 14:48:25 GMT
Tesla Tanks After Goldman Downgrades to Sell
Mon, 27 Feb 2017 13:25:52 GMT
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