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Investment Banking & Brokerage Industry Stocks Technical Analysis - GSArchive - 6/6/2025 - Sign In to see current Signals. |
Goldman Sachs Group (GS) Technical Analysis
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| Summary:
| | Weekly :   | | Daily : Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Goldman Sachs Group (GS). During the week, the GS gained 13.55 points, or 2.26%, and closed at 614.00 on Friday, June 6, 2025. Weekly volume was -30% below average. GS is a member of Financials Sector. Financials is the most overbought sector. 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 October 27, 2023 at 289.36 and reached 672.20 on February 18, 2025. GS gained -382.84 points, or -132.31%, in 68 weeks. The price is now at the 15.20% retracement level.
Medium-term trend: [See GS medium-term trend chart] A medium-term downtrend had started on February 18, 2025 at 672.20 and reached 439.40 on April 7, 2025. GS lost 232.80 points, or 34.63%, in 6 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (240.02) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. GS may retest the broken resistance line. It is considered to be a support line now. 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 medium-term trend.
Weekly Technical Indicators: [See GS weekly technical indicators chart] Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. 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 link to access Lane's Stochastic help. The weekly MACD line is above its signal line since May 23, 2025. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.
Short-term trend: [See GS short-term trend chart] A short-term uptrend had started on April 7, 2025 at 439.40 and reached 621.38 on June 6, 2025. GS gained -181.98 points, or -41.42%, in 60 days. The chart has formed a Rising Channel chart pattern.
Daily Technical Indicators: [See GS daily technical indicators chart] Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. Use the following link to access Williams' Percentage Range help. The daily MACD line is below its signal line since May 28, 2025. The distance between MACD and the signal line is low, but getting bigger.
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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
Financials |
11 |
Industry |
Investment Banking & Brokerage |
108 |
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Daily Trend |
Description |
Value |
Direction |
Up |
Chart Pattern |
Rising Channel |
Low |
439.40 |
Low Date |
04/07/2025 |
High |
621.38 |
High Date |
06/06/2025 |
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Weekly Trend |
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Description |
Value |
Direction |
Down |
Chart Pattern |
Broadening Descending Wedge |
Status |
Broken Resistance |
Resistance |
439.52 |
Support |
240.02 |
High |
672.20 |
High Date |
02/18/2025 |
Low |
439.40 |
Low Date |
04/07/2025 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
289.36 |
Low Date |
10/27/2023 |
High |
672.20 |
High Date |
02/18/2025 |
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Quarterly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
277.84 |
Low Date |
07/14/2022 |
High |
672.20 |
High Date |
02/18/2025 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
47.41 |
Low Date |
11/21/2008 |
High |
672.20 |
High Date |
02/18/2025 |
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