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Goldman Sachs Group Bullish Moving Average Crossover Alert (GS)

By Nick Russo

Today, shares of Goldman Sachs Group (NYSE:GS) have advanced above their 10-day MA of $159.40 on a volume of 756K 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.

In the past 52 weeks, shares of Goldman Sachs Group have traded between a low of $138.20 and a high of $218.77 and are now at $161.34, which is 17% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.8% while the 200-day MA has slid 0.6%.

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

Keywords: moving crosses goldman sachs group

Ticker(s): GS