• Return to Headlines

Goldman Sachs Gp (GS) Crosses Pivot Point Support at $240.42

By David Diaz

Shares of Goldman Sachs Gp (NYSE:GS) opened today below their pivot of $241.13 and have already reached the first level of support at $240.42. Analysts will be watching for a cross of the next downside pivot targets of $239.88 and $238.63.

Goldman Sachs Gp (NYSE:GS) has potential upside of 0.0% based on a current price of $0.00 and analysts' consensus price target of $274.00. The stock should find initial resistance at its 50-day moving average (MA) of $156.96 and further resistance at its 200-day MA of $174.77.

Over the past year, Goldman Sachs Gphas traded in a range of $0.00 to $275.31 and are now at $0.00. Over the last five market days, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has advanced 0.8%.

SmarTrend recommended that its subscribers protect gains by selling shares of Goldman Sachs Gp on March 22nd, 2018 by issuing a Downtrend alert when the shares were trading at $256.50. Since that call, shares of Goldman Sachs Gp have fallen 6.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: pivot alerts goldman sachs gp

Ticker(s): GS