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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 advanced above their 10-day MA of $198.50 on a volume of 191K 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.

Goldman Sachs Gp share prices have moved between a 52-week high of $245.08 and a 52-week low of $151.70 and are now trading 31% above that low price at $198.74 per share. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-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