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Bullish Moving Average Cross by Goldman Sachs Gp (GS)

By David Diaz

Goldman Sachs Gp (NYSE:GS) crossed over its 10-day moving average of $200.54 on a volume of 185K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Goldman Sachs Gp have traded between a low of $151.70 and a high of $234.06 and are now at $204.96, which is 35% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has declined 0.9%.

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