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Next Resistance Level for Goldman Sachs Gp (GS) is $218.40

By Amy Schwartz

Shares of Goldman Sachs Gp (NYSE:GS) opened today above their pivot of $213.32 and have already reached the first level of resistance at $215.68. Analysts will be watching for a cross of the next upside pivot targets of $218.40 and $223.48.

In the past 52 weeks, shares of Goldman Sachs Gp have traded between the current low of $0.00 and a high of $275.31 and are now at $0.00. The 200-day and 50-day moving averages have moved 0.32% lower and 0.63% lower over the past week, respectively.

Potential upside of 0.0% exists for Goldman Sachs Gp, based on a current level of $0.00 and analysts' average consensus price target of $274.00. Goldman Sachs Gp shares should first meet resistance at the 50-day moving average (MA) of $231.87 and find additional resistance at the 200-day MA of $242.87.

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: pivot alerts goldman sachs gp

Ticker(s): GS