GOLDMAN SACHS GROUP INC. THE - 1H - Technical analysis published on 03/28/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 337.38 USD
My targets
326.97 USD (-1.85%)
321.37 USD (-3.53%)
My analysis
In the short term, we can see an acceleration in the bearish trend on GOLDMAN SACHS GROUP INC. THE, which is a positive signal for sellers. As long as the price remains above 337.38 USD, a sale could be considered. The first bearish objective is located at 326.97 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 321.37 USD as an objective. Crossing it would then enable sellers to target 248.82 USD. If the price were to return above 337.38 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
5.5
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GOLDMAN SACHS GROUP INC. THE rating is 333.12 USD. On the day, this instrument lost -1.30% and was between 331.51 USD and 338.50 USD. This implies that the price is at +0.49% from its lowest and at -1.59% from its highest.331.51
338.50
333.12
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this GOLDMAN SACHS GROUP INC. THE chart shows a bearish trend. 75.00% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 3 are neutral and 11 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 248.82 | 321.37 | 326.97 | 333.12 | 333.59 | 337.38 | 341.36 |
| Change (%) | -25.31% | -3.53% | -1.85% | - | +0.14% | +1.28% | +2.47% |
| Change | -84.30 | -11.75 | -6.15 | - | +0.47 | +4.26 | +8.24 |
| Level | Major | Major | Intermediate | - | Minor | Intermediate | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 328.35 | 331.92 | 334.70 | 338.27 | 341.05 | 344.62 | 347.40 |
| Camarilla | 335.74 | 336.33 | 336.91 | 337.49 | 338.07 | 338.65 | 339.24 |
| Woodie | 327.97 | 331.72 | 334.32 | 338.07 | 340.67 | 344.42 | 347.02 |
| Fibonacci | 331.92 | 334.34 | 335.84 | 338.27 | 340.69 | 342.19 | 344.62 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 320.43 | 327.36 | 332.43 | 339.36 | 344.43 | 351.36 | 356.43 |
| Camarilla | 334.19 | 335.29 | 336.39 | 337.49 | 338.59 | 339.69 | 340.79 |
| Woodie | 319.49 | 326.90 | 331.49 | 338.90 | 343.49 | 350.90 | 355.49 |
| Fibonacci | 327.36 | 331.95 | 334.78 | 339.36 | 343.95 | 346.78 | 351.36 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 267.66 | 296.34 | 317.82 | 346.50 | 367.98 | 396.66 | 418.14 |
| Camarilla | 325.50 | 330.09 | 334.69 | 339.29 | 343.89 | 348.49 | 353.08 |
| Woodie | 264.05 | 294.54 | 314.21 | 344.70 | 364.37 | 394.86 | 414.53 |
| Fibonacci | 296.34 | 315.50 | 327.34 | 346.50 | 365.66 | 377.50 | 396.66 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 37.99 | |
| MACD (12,26,9): | -1.5100 | |
| Directional Movement: | -11.84 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 333.95 | |
| Parabolic SAR (0,02-0,02-0,2): | 339.05 | |
| Elder Ray (13): | -1.98 | |
| Super Trend (3,10): | 339.44 | |
| Zig ZAG (10): | 332.92 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 13.79 | |
| TEMA (21): | 332.86 | |
| Williams %R (14): | -86.53 | |
| Chande Momentum Oscillator (20): | -6.20 | |
| Repulse (5,40,3): | -0.3000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0500 | |
| Courbe Coppock: | 1.73 |
| MA7: | 338.51 | |
| MA20: | 333.46 | |
| MA50: | 344.97 | |
| MA100: | 367.75 | |
| MAexp7: | 333.81 | |
| MAexp20: | 335.76 | |
| MAexp50: | 336.88 | |
| MAexp100: | 337.10 | |
| Price / MA7: | -1.59% | |
| Price / MA20: | -0.10% | |
| Price / MA50: | -3.44% | |
| Price / MA100: | -9.42% | |
| Price / MAexp7: | -0.21% | |
| Price / MAexp20: | -0.79% | |
| Price / MAexp50: | -1.12% | |
| Price / MAexp100: | -1.18% |
Quotes :
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15 min delayed data
-
NYSE Stocks
News
The last news published on GOLDMAN SACHS GROUP INC. THE at the time of the generation of this analysis was as follows:
- Goldman Sachs BDC, Inc. Schedules Earnings Release and Conference Call to Announce Third Quarter 2019 Results
- Patient Access Solutions, Inc. COO, Dr. Donald Chiappetta Exclusive Interview on StockTradersTalk.com
- Patient Access Solutions, Inc. Announces Director of Behavioral Health
- Patient Access Solutions Inc. to Acquire Healthcare Practice
- Patient Access Solutions, Inc. Updates Shareholders
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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