• Return to Headlines

Goldman Sachs Gp Set to Possibly Rebound After Yesterday's Selloff of 3.29%

By Amy Schwartz

Goldman Sachs Gp (NYSE:GS) traded in a range yesterday that spanned from a low of $217.30 to a high of $224.00. Yesterday, the shares fell 3.3%, which took the trading range below the 3-day low of $220.09 on volume of 3.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Over the past year, Goldman Sachs Gp has traded in a range of $138.20 to $255.15 and is now at $218.46, 58% above that low. The 200-day and 50-day moving averages have moved 0.56% lower and 0.81% higher over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Goldman Sachs Gp. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Goldman Sachs Gp in search of a potential trend change.

Keywords: rebounders goldman sachs gp

Ticker(s): GS