Trading Signals: GS Stock Price Prediction and Forecast

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Wed. Jul. 26, 2023

Trading Signals: GS Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Dec. 22, 2023)

(Goldman Sachs)
GS latest price $357.5600 (0.81%) ($354.2800 - $360.2600) on Wed. Jul. 26, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.47% (three month average)
RSI   89
Latest Price   $357.5600(0.81%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   GS advances 1% a day on average for past five trading days.
Weekly Trend   GS advances 5.7% a week on average for past two weeks.
Market Behavior   Normal for large cap. Value stock rally for small cap.
Correlated ETFs   Broad market will support GS advance at 0% a week (0% probability)
XLF(78%)    IWD(76%)    VYM(76%)    IWN(74%)    DIA(72%)
Factors Impacting GS price   GS will decline at least -0.735% in a week (0% probabilities).
VXX(-49%)    VIXM(-44%)    TBT(-33%)    UUP(-21%)    IGOV(3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.735% (StdDev 1.47%)
Hourly BBV -0.4 ()
Intraday Trend 0.9%

5 Day Moving Average   $354.8(0.78%)
10 Day Moving Average   $344.13(3.9%)
20 Day Moving Average   $332.43(7.56%)
To recent high   -0.4%
To recent low   14.5%
Market Cap   $122.977b

Goldman Sachs Group, Inc. engages in global investment banking, securities, and investment management, which provides financial services. It operates through the following business segments: Investment Banking, Institutional Client Services, Investing and Lending, and Investment Management. The Investment Banking segment gives financial advisory services and help companies raise capital. The Institutional Client Services segment serves clients who come to buy and sell financial products, raise funding, and manage risk. The Investing and Lending segment includes investing and relationship lending activities; and making investment. The Investment Management segment involves in investment and wealth advisory services. The company was founded by Marcus Goldman in 1869 and is headquartered in New York, NY.

$. GS price fluctuates within 4.53% (three month std-dev: 1.47%) daily (68% of days).

Sample size 7 Average positive next day return: 0.93%(43%) Average negative next day return: -0.53%(57%) Sample size 7 Average positive next three day return: 2.34%(29%) Average negative next three day return: -1.46%(71%) Sample size 7 Average positive next weekly return: 1.01%(57%) Average negative next weekly return: -4.2%(43%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20230826

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jul_26_2023	327.9	332.43	344.13	354.8	355.25	356.63	357.56(0.81%)	UT	HoldLong	65	0.2	122	30	76	261	2.28	57%	0.04	68.2	1.47%	-0.4	1.7	89	1.9
2	Jul_25_2023	327.78	330.17	341.01	351.4	352.42	356.47	354.7(-1.18%)	UD	OpenLong	75	0.2	219	90	192	298	2.89	57%	-0.01	59.8	1.47%	-0.5	1.7	77	1.2
3	Jul_24_2023	327.8	328	337.65	347.91	348	353.87	358.93(1.98%)	UT	OpenLong	75	0.8	331	120	332	327	3.52	57%	0.01	47.6	1.48%	1.3	2.3	71	1.6
4	Jul_21_2023	327.78	325.67	333.33	341.57	342.05	348.36	351.96(0.31%)	UT	OpenLong	75	0.9	347	130	364	294	3.22	55%	0.01	30.3	1.46%	1.1	2.3	71	1.1
5	Jul_20_2023	327.75	323.92	329.6	336.41	335.76	342.13	350.86(3.03%)	UT	OpenLong	75	1.5	300	130	322	234	3.91	55%	0.01	10.5	1.46%	1.5	2.7	70	1.4

6	Jul_19_2023	327.71	322.47	325.7	331.98	331.65	335.73	340.55(0.97%)	UT	OpenLong	75	1.1	271	80	296	197	6.03	52%	-0.03	-10.9	1.41%	1.2	2.4	71	1.5
7	Jul_18_2023	327.82	321.82	323.52	329.15	328.92	329.38	337.27(3.08%)	UT	OpenLong	75	1.2	108	10	107	110	3.89	50%	-0.09	-27.8	1.41%	1.6	2.3	70	1.9
8	Jul_17_2023	328.12	321.7	322.25	325.87	327.57	327.58	327.2(0.31%)	UT	OpenLong	75	0.2	31	20	18	70	1.78	46%	-0.12	-45.6	1.37%	-0.3	0.9	66	1.4
9	Jul_14_2023	328.5	322.2	321.71	323.72	325.72	328.45	326.19(-0.76%)	UD	OpenLong	75	0.4	104	80	105	99	1.81	46%	-0.12	-45.3	1.38%	-1.2	0.6	62	1.2
10	Jul_13_2023	328.89	322.88	321.33	321.52	322.82	327.57	328.68(0.7%)	UT	OpenLong	75	0.9	225	120	251	146	2.79	46%	-0.1	-38.5	1.39%	0.7	0.7	57	1

11	Jul_12_2023	329.22	323.31	319.82	318.38	319.47	322.99	326.4(1.72%)	UT	OpenLong	75	1	212	90	247	107	2.74	46%	-0.11	-39.8	1.38%	0.9	0.4	49	1.1
12	Jul_11_2023	329.58	323.71	318.5	317.11	316.59	318.07	320.88(1.39%)	RB	SmallLong	20	0.4	40	30	54	-1	2.04	43%	-0.03	-32.6	1.37%	1.7	-0.3	40	-0.3
13	Jul_10_2023	329.68	324.4	317.68	318.26	317.4	315.96	316.47(0.41%)	DP	OpenShort	-75	-0.2	-28	-40	-19	-54	1.78	41%	-0.16	-19	1.36%	0.8	-0.8	30	-0.5
14	Jul_7_2023	330.22	325.35	317.55	319.47	319.39	315.11	315.17(0.69%)	DP	OpenShort	-75	-0.4	-184	-90	-196	-147	2.9	41%	-0.18	-10.4	1.37%	-0.1	-1	28	-0.3
15	Jul_6_2023	330.8	325.99	318	321.06	321.79	318.84	313(-2.2%)	DT	HoldShort	-65	-0.8	-195	-60	-204	-167	2.9	41%	-0.2	-7.9	1.37%	-1.4	-1.3	24	-0.6

16	Jul_5_2023	331.45	326.53	319.2	321.19	323.02	323.67	320.05(-2.01%)	DT	HoldShort	-50	-0.1	-11	30	18	-98	2.56	44%	-0.29	-12.4	1.34%	-1.6	-0.6	31	0.9
17	Jul_3_2023	332.43	326.77	320.14	319.87	320.69	324.74	326.61(1.26%)	RB	SmallLong	20	0.7	116	100	173	-57	1.11	46%	-0.14	-16.9	1.32%	0	-0	40	1.2
18	Jun_30_2023	332.9	326.32	321.05	317.02	317.63	322.37	322.54(-0.17%)	N/A	N/A	0	0.6	202	110	281	-34	2.35	49%	-0.14	-26.6	1.32%	0.6	-0.4	36	1
19	Jun_29_2023	333.37	326.42	322.57	315.45	315.14	316.63	323.09(3.01%)	N/A	N/A	0	0.8	107	30	172	-87	3.55	49%	-0.16	-30.2	1.32%	1.2	-0.3	36	1
20	Jun_28_2023	333.91	326.81	324.32	314.75	313.94	312.88	313.66(0.07%)	DP	OpenShort	-75	-0.1	-117	-30	-93	-187	2.41	44%	-0.19	-29.9	1.27%	-0	-1.3	39	1.2

21	Jun_27_2023	334.54	327.78	326.9	317.03	316.17	313.64	313.45(0.35%)	DP	OpenShort	-75	-0.4	-159	-60	-154	-175	2.16	48%	-0.18	-22.5	1.27%	-0.3	-1.5	46	1.1
22	Jun_26_2023	335.14	328.41	329.24	320.49	319.69	315.01	312.36(-0.75%)	DT	OpenShort	-75	-0.9	-252	-110	-275	-181	2.48	48%	-0.18	-15.9	1.29%	-1	-1.8	43	1
23	Jun_23_2023	335.74	328.92	331.71	325.68	324.29	318.7	314.71(-1.52%)	DT	OpenShort	-75	-1.3	-327	-130	-382	-161	2.61	48%	-0.17	-5.6	1.29%	-1.2	-1.7	53	1.1
24	Jun_22_2023	336.31	329.47	333.99	330.68	330.24	324.37	319.58(-1.69%)	DT	OpenShort	-75	-1.5	-279	-130	-342	-89	2.41	50%	-0.14	14	1.27%	-1.6	-1.3	49	1.4
25	Jun_21_2023	336.79	329.82	334.96	335.27	334.63	329.89	325.07(-1.71%)	DT	OpenShort	-75	-1.4	-276	-100	-348	-58	2.16	56%		32.9	1.26%	-1.3	-0.6	47	1.3
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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