GOLDMAN SACHS GROUP INC. THE - Daily - Technical analysis published on 06/19/2019 (GMT)
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- Timeframe : Daily
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- Status : NEUTRAL
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Slightly bearish
Technical indicators
72%
0%
28%
My opinion
Neutral between 192.28 USD and 207.71 USD
My targets
-
My analysis
The basic trend is slightly bearish and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 207.71 USD. The first support is located at 192.28 USD. Without a basic trend, it is be important to monitor the price reaction at the first levels of resistance or support. A bullish break in resistance could quickly reverse the basic trend. A bearish break in the support would be welcome to boost the slightly bearish basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by GOLDMAN SACHS GROUP INC. THE.
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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
GOLDMAN SACHS GROUP INC. THE rating 194.98 USD. The price has increased by +2.18% since the last closing and was between 190.67 USD and 197.13 USD. This implies that the price is at +2.26% from its lowest and at -1.09% from its highest.190.67
197.13
194.98
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of GOLDMAN SACHS GROUP INC. THE in Daily shows an overall slightly bearish trend. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend could turn neutral or reverse given the slightly bullish signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : Daily
An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near resistance of channel
Type : Bearish
Timeframe : Daily
Near horizontal support
Type : Bullish
Timeframe : Daily
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish engulfing lines
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 168.01 | 174.14 | 192.28 | 194.98 | 207.71 | 218.76 | 234.54 |
| Change (%) | -13.83% | -10.69% | -1.38% | - | +6.53% | +12.20% | +20.29% |
| Change | -26.97 | -20.84 | -2.70 | - | +12.73 | +23.78 | +39.56 |
| Level | Minor | Intermediate | Major | - | Major | Major | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 187.48 | 189.11 | 189.97 | 191.60 | 192.46 | 194.09 | 194.95 |
| Camarilla | 190.15 | 190.37 | 190.60 | 190.83 | 191.06 | 191.29 | 191.51 |
| Woodie | 187.10 | 188.92 | 189.59 | 191.41 | 192.07 | 193.90 | 194.57 |
| Fibonacci | 189.11 | 190.06 | 190.65 | 191.60 | 192.55 | 193.14 | 194.09 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 180.62 | 184.97 | 188.31 | 192.66 | 196.00 | 200.35 | 203.69 |
| Camarilla | 189.55 | 190.25 | 190.96 | 191.66 | 192.36 | 193.07 | 193.77 |
| Woodie | 180.12 | 184.72 | 187.82 | 192.41 | 195.51 | 200.10 | 203.20 |
| Fibonacci | 184.97 | 187.90 | 189.72 | 192.66 | 195.59 | 197.41 | 200.35 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 53.84 | |
| MACD (12,26,9): | -1.0500 | |
| Directional Movement: | 4.51 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 190.29 | |
| Parabolic SAR (0,02-0,02-0,2): | 188.04 | |
| Elder Ray (13): | 2.21 | |
| Super Trend (3,10): | 183.04 | |
| Zig ZAG (10): | 194.98 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 72.05 | |
| TEMA (21): | 190.78 | |
| Williams %R (14): | -13.11 | |
| Chande Momentum Oscillator (20): | 12.49 | |
| Repulse (5,40,3): | 1.5600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.1600 | |
| Courbe Coppock: | 2.40 |
| MA7: | 192.57 | |
| MA20: | 190.59 | |
| MA50: | 197.12 | |
| MA100: | 196.15 | |
| MAexp7: | 192.11 | |
| MAexp20: | 192.15 | |
| MAexp50: | 194.31 | |
| MAexp100: | 195.77 | |
| Price / MA7: | +1.25% | |
| Price / MA20: | +2.30% | |
| Price / MA50: | -1.09% | |
| Price / MA100: | -0.60% | |
| Price / MAexp7: | +1.49% | |
| Price / MAexp20: | +1.47% | |
| Price / MAexp50: | +0.34% | |
| Price / MAexp100: | -0.40% |
News
The latest news and videos published on GOLDMAN SACHS GROUP INC. THE at the time of the analysis were as follows:
- 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
- Patient Access Solutions Inc. Engages Investor Relations Firm
This member declared not having a position on this financial instrument or a related financial instrument.
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