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Bullish Moving Average Cross by Goldman Sachs Gp (GS)

By James Quinn

Today, shares of Goldman Sachs Gp (NYSE:GS) have crossed bullishly above their 10-day moving average of $202.89 on a volume of 713K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Goldman Sachs Gp has traded in a range of $151.70 to $262.25 and is now at $205.76, 36% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has remained constant.

SmarTrend is tracking the current trend status for Goldman Sachs Gp and will alert subscribers who have GS in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses goldman sachs gp

Ticker(s): GS