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Investment Banking & Brokerage Industry Stocks Technical Analysis - GSArchive
- 10/23/2026 -
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Goldman Sachs Group (GS) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the Goldman Sachs Group (GS). During the week, the GS gave back -5.58 points, or -0.63%, and closed at 875.68 on Friday, October 23, 2026. GS was trading at average weekly trading volume.
GS is a member of Investment Banking & Brokerage Industry. Investment Banking & Brokerage is the eighth most oversold industry. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See GS long-term trend chart]
A long-term uptrend had started on November 21, 2008 at 47.41 and reached 1153.99 on July 15, 2026. GS gained -1106.58 points, or -2334.06%, in 920 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (264.92) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
 Medium-term trend: [See GS medium-term trend chart]
A medium-term downtrend had started on July 15, 2026 at 1153.99 and reached 859.03 on October 15, 2026. GS lost 294.96 points, or 25.56%, in 13 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend support line (1035.13) is broken. Usually a broken support is considered to be a long-term bearish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
 Weekly Technical Indicators: [See GS weekly technical indicators chart]
Weekly Relative Strength Index and Lane's Stochastic are oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Relative Strength Index and Lane's Stochastic or strongly oversold weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.
The weekly MACD line is below its signal line since July 31, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.
 Short-term trend: [See GS short-term trend chart]
A short-term downtrend had started on September 8, 2026 at 1043.84 and reached 859.03 on October 15, 2026. GS lost 184.81 points, or 17.70%, in 37 days. The price is now at the 9.01% retracement level.
 Daily Technical Indicators: [See GS daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since October 9, 2026.
The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. The distance between the Bollinger Bands (5.17%) is close to one year low (4.85%). It is 56.79% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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