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The Goldman Sachs Group Inc
Buy, Hold or Sell?

Let's analyze The Goldman Sachs Group Inc together

I guess you are interested in The Goldman Sachs Group Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of The Goldman Sachs Group Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of The Goldman Sachs Group Inc (30 sec.)










1.2. What can you expect buying and holding a share of The Goldman Sachs Group Inc? (30 sec.)

How much money do you get?

How much money do you get?
€14.64
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
€377.85
Expected worth in 1 year
€405.05
How sure are you?
83.9%

+ What do you gain per year?

Total Gains per Share
€40.65
Return On Investment
8.6%

For what price can you sell your share?

Current Price per Share
€470.00
Expected price per share
€438.85 - €495.55
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of The Goldman Sachs Group Inc (5 min.)




Live pricePrice per Share (EOD)
€470.00
Intrinsic Value Per Share
€-2,185.02 - €-2,610.17
Total Value Per Share
€-1,807.17 - €-2,232.32

2.2. Growth of The Goldman Sachs Group Inc (5 min.)




Is The Goldman Sachs Group Inc growing?

Current yearPrevious yearGrowGrow %
How rich?$129.9b$127.7b$654.2m0.5%

How much money is The Goldman Sachs Group Inc making?

Current yearPrevious yearGrowGrow %
Making money$2.8b$2.2b$599m21.3%
Net Profit Margin22.0%18.9%--

How much money comes from the company's main activities?

2.3. Financial Health of The Goldman Sachs Group Inc (5 min.)




2.4. Comparing to competitors in the Capital Markets industry (5 min.)




  Industry Rankings (Capital Markets)  

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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of The Goldman Sachs Group Inc?

Welcome investor! The Goldman Sachs Group Inc's management wants to use your money to grow the business. In return you get a share of The Goldman Sachs Group Inc.

First you should know what it really means to hold a share of The Goldman Sachs Group Inc. And how you can make/lose money.

Speculation

The Price per Share of The Goldman Sachs Group Inc is €470.00. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of The Goldman Sachs Group Inc.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in The Goldman Sachs Group Inc, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €377.85. Based on the TTM, the Book Value Change Per Share is €6.80 per quarter. Based on the YOY, the Book Value Change Per Share is €1.77 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €3.36 per quarter.
Based on historical numbers we can estimate the returns while holding a share of The Goldman Sachs Group Inc.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps9.632.0%8.591.8%6.141.3%8.861.9%7.761.7%
Usd Book Value Change Per Share13.042.8%7.401.6%1.930.4%4.901.0%13.262.8%
Usd Dividend Per Share3.620.8%3.660.8%3.280.7%2.720.6%2.300.5%
Usd Total Gains Per Share16.663.5%11.062.4%5.201.1%7.621.6%15.573.3%
Usd Price Per Share460.16-397.97-331.39-306.27-272.64-
Price to Earnings Ratio11.95-12.47-17.14-14.40-11.46-
Price-to-Total Gains Ratio27.62-39.46-146.57-45.09-76.80-
Price to Book Ratio1.12-1.00-0.87-38.68-25.20-
Price-to-Total Gains Ratio27.62-39.46-146.57-45.09-76.80-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share511.407
Number of shares1
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share3.662.72
Usd Book Value Change Per Share7.404.90
Usd Total Gains Per Share11.067.62
Gains per Quarter (1 shares)11.067.62
Gains per Year (1 shares)44.2330.46
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1153034112020
2295978223950
34489122335980
4591181664378110
5731482105498140
68817825465118170
710220729876137200
811723734287157230
913226638698176260
10146296430109196290

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%30.01.00.096.8%30.01.00.096.8%
Book Value Change Per Share4.00.00.0100.0%11.01.00.091.7%16.04.00.080.0%24.07.00.077.4%24.07.00.077.4%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%31.00.00.0100.0%31.00.00.0100.0%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%17.03.00.085.0%26.05.00.083.9%26.05.00.083.9%
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3.2. Key Performance Indicators

The key performance indicators of The Goldman Sachs Group Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--11.9866.800+76%1.769+578%4.502+166%12.189-2%
Book Value Per Share--377.853365.866+3%350.401+8%306.640+23%296.302+28%
Current Ratio---0.673-100%1.268-100%1.456-100%1.541-100%
Debt To Asset Ratio--0.9280.9280%0.923+1%0.923+1%0.916+1%
Debt To Equity Ratio--12.84012.922-1%12.011+7%11.984+7%11.502+12%
Dividend Per Share--3.3273.363-1%3.012+10%2.497+33%2.117+57%
Eps--8.8467.893+12%5.643+57%8.143+9%7.133+24%
Free Cash Flow Per Share--17.643-59.885+439%23.730-26%-9.744+155%-9.744+155%
Free Cash Flow To Equity Per Share--10.144-29.637+392%38.691-74%38.551-74%38.551-74%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---2610.168--------
Intrinsic Value_10Y_min---2185.024--------
Intrinsic Value_1Y_max---81.935--------
Intrinsic Value_1Y_min---80.374--------
Intrinsic Value_3Y_max---383.074--------
Intrinsic Value_3Y_min---362.951--------
Intrinsic Value_5Y_max---849.255--------
Intrinsic Value_5Y_min---776.474--------
Market Cap148426000000.000+10%133705282797.800117821177888.950+13%102033916818.188+31%93932118700.287+42%82382592071.153+62%
Net Profit Margin--0.2390.220+8%0.189+26%0.253-5%0.245-2%
Operating Margin----0%-0%-0%0.041-100%
Operating Ratio----0%-0%0.085-100%0.278-100%
Pb Ratio1.244+10%1.1190.998+12%0.869+29%38.678-97%25.203-96%
Pe Ratio13.283+10%11.95212.471-4%17.139-30%14.397-17%11.462+4%
Price Per Share470.000+10%422.900365.750+16%304.563+39%281.472+50%250.566+69%
Price To Free Cash Flow Ratio6.660+10%5.9930.741+709%1.369+338%0.329+1723%0.212+2726%
Price To Total Gains Ratio30.691+10%27.61639.464-30%146.575-81%45.091-39%76.796-64%
Quick Ratio---0.173-100%0.333-100%0.423-100%0.756-100%
Return On Assets--0.0020.002+8%0.001+28%0.180-99%0.117-99%
Return On Equity--0.0230.022+7%0.017+36%2.182-99%1.415-98%
Total Gains Per Share--15.31410.163+51%4.781+220%6.999+119%14.306+7%
Usd Book Value--129987690300.000128372405850.000+1%127718185725.000+2%111413496870.000+17%105715970100.000+23%
Usd Book Value Change Per Share--13.0427.399+76%1.925+578%4.898+166%13.263-2%
Usd Book Value Per Share--411.142398.099+3%381.271+8%333.655+23%322.406+28%
Usd Dividend Per Share--3.6213.659-1%3.277+10%2.717+33%2.304+57%
Usd Eps--9.6258.588+12%6.140+57%8.860+9%7.762+24%
Usd Free Cash Flow--6069421800.000-21191291550.000+449%8564435100.000-29%-3083838615.000+151%-1989573300.000+133%
Usd Free Cash Flow Per Share--19.197-65.160+439%25.820-26%-10.603+155%-10.603+155%
Usd Free Cash Flow To Equity Per Share--11.037-32.248+392%42.100-74%41.948-74%41.948-74%
Usd Market Cap161502330600.000+10%145484718212.286128201223660.966+13%111023104889.870+31%102207538357.782+42%89640498432.621+62%
Usd Price Per Share511.407+10%460.157397.973+16%331.394+39%306.270+50%272.641+69%
Usd Profit--3043221256.5302810454333.278+8%2211410779.988+38%3092224819.320-2%2697099317.640+13%
Usd Revenue--12731925671.01012520660311.023+2%11422580475.443+11%11858662180.638+7%10646709549.840+20%
Usd Total Gains Per Share--16.66311.058+51%5.202+220%7.616+119%15.567+7%
 EOD+4 -4MRQTTM+25 -8YOY+20 -135Y+21 -1310Y+19 -16

3.3 Fundamental Score

Let's check the fundamental score of The Goldman Sachs Group Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1513.283
Price to Book Ratio (EOD)Between0-11.244
Net Profit Margin (MRQ)Greater than00.239
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.000
Debt to Asset Ratio (MRQ)Less than10.928
Debt to Equity Ratio (MRQ)Less than112.840
Return on Equity (MRQ)Greater than0.150.023
Return on Assets (MRQ)Greater than0.050.002
Total3/10 (30.0%)

3.4 Technical Score

Let's check the technical score of The Goldman Sachs Group Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.476
Ma 20Greater thanMa 50477.280
Ma 50Greater thanMa 100457.212
Ma 100Greater thanMa 200449.827
OpenGreater thanClose479.200
Total4/5 (80.0%)

4. In-depth Analysis

4.1 About The Goldman Sachs Group Inc

The Goldman Sachs Group, Inc., a financial institution, provides a range of financial services for corporations, financial institutions, governments, and individuals worldwide. It operates through Global Banking & Markets, Asset & Wealth Management, and Platform Solutions segments. The Global Banking & Markets segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, and spin-offs; and relationship lending, and acquisition financing, as well as secured lending, through structured credit and asset-backed lending and involved in financing under securities to resale agreements. This segment also offers client execution activities for cash and derivative instruments; credit and interest rate products; and provision of mortgages, currencies, commodities, and equities related products, as well as underwriting services. The Asset & Wealth Management segment manages assets across various classes, including equity, fixed income, hedge funds, credit funds, private equity, real estate, currencies, and commodities; and provides customized investment advisory solutions, wealth advisory services, personalized financial planning, and private banking services, as well as invests in corporate equity, credit, real estate, and infrastructure assets. The Platform Solutions segment offers credit cards and point-of-sale financing for purchase of goods or services. This segment also provides cash management services, such as deposit-taking and payment solutions for corporate and institutional clients. The Goldman Sachs Group, Inc. was founded in 1869 and is headquartered in New York, New York.

Fundamental data was last updated by Penke on 2024-10-20 11:29:05.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is cheap.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit The Goldman Sachs Group Inc earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare The Goldman Sachs Group Inc to the Capital Markets industry mean.
  • A Net Profit Margin of 23.9% means that €0.24 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of The Goldman Sachs Group Inc:

  • The MRQ is 23.9%. The company is making a huge profit. +2
  • The TTM is 22.0%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ23.9%TTM22.0%+1.9%
TTM22.0%YOY18.9%+3.1%
TTM22.0%5Y25.3%-3.2%
5Y25.3%10Y24.5%+0.8%
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ23.9%10.6%+13.3%
TTM22.0%9.8%+12.2%
YOY18.9%11.8%+7.1%
5Y25.3%12.7%+12.6%
10Y24.5%13.9%+10.6%
4.3.1.2. Return on Assets

Shows how efficient The Goldman Sachs Group Inc is using its assets to generate profit.

  • Above 5% is considered healthy but always compare The Goldman Sachs Group Inc to the Capital Markets industry mean.
  • 0.2% Return on Assets means that The Goldman Sachs Group Inc generated €0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of The Goldman Sachs Group Inc:

  • The MRQ is 0.2%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.2%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.2%TTM0.2%+0.0%
TTM0.2%YOY0.1%+0.0%
TTM0.2%5Y18.0%-17.8%
5Y18.0%10Y11.7%+6.3%
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2%0.4%-0.2%
TTM0.2%0.3%-0.1%
YOY0.1%0.3%-0.2%
5Y18.0%0.4%+17.6%
10Y11.7%0.4%+11.3%
4.3.1.3. Return on Equity

Shows how efficient The Goldman Sachs Group Inc is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare The Goldman Sachs Group Inc to the Capital Markets industry mean.
  • 2.3% Return on Equity means The Goldman Sachs Group Inc generated €0.02 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of The Goldman Sachs Group Inc:

  • The MRQ is 2.3%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.2%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.3%TTM2.2%+0.2%
TTM2.2%YOY1.7%+0.5%
TTM2.2%5Y218.2%-216.0%
5Y218.2%10Y141.5%+76.6%
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ2.3%2.0%+0.3%
TTM2.2%1.6%+0.6%
YOY1.7%1.5%+0.2%
5Y218.2%2.0%+216.2%
10Y141.5%2.0%+139.5%
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4.3.2. Operating Efficiency of The Goldman Sachs Group Inc.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient The Goldman Sachs Group Inc is operating .

  • Measures how much profit The Goldman Sachs Group Inc makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare The Goldman Sachs Group Inc to the Capital Markets industry mean.
  • An Operating Margin of 0.0% means the company generated €0.00  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of The Goldman Sachs Group Inc:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y4.1%-4.1%
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ-8.2%-8.2%
TTM-10.1%-10.1%
YOY-8.4%-8.4%
5Y-2.4%-2.4%
10Y4.1%5.2%-1.1%
4.3.2.2. Operating Ratio

Measures how efficient The Goldman Sachs Group Inc is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Capital Markets industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are €0.00 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of The Goldman Sachs Group Inc:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y0.085-0.085
5Y0.08510Y0.278-0.193
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.943-0.943
TTM-0.949-0.949
YOY-0.943-0.943
5Y0.0850.889-0.804
10Y0.2780.893-0.615
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4.4.3. Liquidity of The Goldman Sachs Group Inc.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if The Goldman Sachs Group Inc is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Capital Markets industry mean).
  • A Current Ratio of 0.00 means the company has €0.00 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of The Goldman Sachs Group Inc:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.673-0.673
TTM0.673YOY1.268-0.595
TTM0.6735Y1.456-0.783
5Y1.45610Y1.541-0.085
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.337-2.337
TTM0.6732.417-1.744
YOY1.2682.052-0.784
5Y1.4562.240-0.784
10Y1.5412.592-1.051
4.4.3.2. Quick Ratio

Measures if The Goldman Sachs Group Inc is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare The Goldman Sachs Group Inc to the Capital Markets industry mean.
  • A Quick Ratio of 0.00 means the company can pay off €0.00 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of The Goldman Sachs Group Inc:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.173-0.173
TTM0.173YOY0.333-0.160
TTM0.1735Y0.423-0.250
5Y0.42310Y0.756-0.333
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.748-1.748
TTM0.1731.797-1.624
YOY0.3331.685-1.352
5Y0.4231.991-1.568
10Y0.7562.200-1.444
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4.5.4. Solvency of The Goldman Sachs Group Inc.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of The Goldman Sachs Group Inc assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare The Goldman Sachs Group Inc to Capital Markets industry mean.
  • A Debt to Asset Ratio of 0.93 means that The Goldman Sachs Group Inc assets are financed with 92.8% credit (debt) and the remaining percentage (100% - 92.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of The Goldman Sachs Group Inc:

  • The MRQ is 0.928. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.928. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.928TTM0.9280.000
TTM0.928YOY0.923+0.005
TTM0.9285Y0.923+0.006
5Y0.92310Y0.916+0.006
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9280.639+0.289
TTM0.9280.627+0.301
YOY0.9230.627+0.296
5Y0.9230.604+0.319
10Y0.9160.595+0.321
4.5.4.2. Debt to Equity Ratio

Measures if The Goldman Sachs Group Inc is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare The Goldman Sachs Group Inc to the Capital Markets industry mean.
  • A Debt to Equity ratio of 1,284.0% means that company has €12.84 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of The Goldman Sachs Group Inc:

  • The MRQ is 12.840. The company is unable to pay all its debts with equity. -1
  • The TTM is 12.922. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ12.840TTM12.922-0.082
TTM12.922YOY12.011+0.911
TTM12.9225Y11.984+0.938
5Y11.98410Y11.502+0.482
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ12.8401.591+11.249
TTM12.9221.617+11.305
YOY12.0111.549+10.462
5Y11.9841.542+10.442
10Y11.5021.786+9.716
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings The Goldman Sachs Group Inc generates.

  • Above 15 is considered overpriced but always compare The Goldman Sachs Group Inc to the Capital Markets industry mean.
  • A PE ratio of 11.95 means the investor is paying €11.95 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of The Goldman Sachs Group Inc:

  • The EOD is 13.283. Based on the earnings, the company is underpriced. +1
  • The MRQ is 11.952. Based on the earnings, the company is underpriced. +1
  • The TTM is 12.471. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD13.283MRQ11.952+1.331
MRQ11.952TTM12.471-0.519
TTM12.471YOY17.139-4.668
TTM12.4715Y14.397-1.926
5Y14.39710Y11.462+2.935
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
EOD13.28310.447+2.836
MRQ11.9529.155+2.797
TTM12.4719.142+3.329
YOY17.1397.763+9.376
5Y14.3979.670+4.727
10Y11.46211.706-0.244
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of The Goldman Sachs Group Inc:

  • The EOD is 6.660. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 5.993. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 0.741. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD6.660MRQ5.993+0.667
MRQ5.993TTM0.741+5.252
TTM0.741YOY1.369-0.629
TTM0.7415Y0.329+0.412
5Y0.32910Y0.212+0.117
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
EOD6.6600.114+6.546
MRQ5.9930.107+5.886
TTM0.7410.459+0.282
YOY1.369-0.466+1.835
5Y0.329-0.134+0.463
10Y0.212-0.203+0.415
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price of The Goldman Sachs Group Inc is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Capital Markets industry mean).
  • A PB ratio of 1.12 means the investor is paying €1.12 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of The Goldman Sachs Group Inc:

  • The EOD is 1.244. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.119. Based on the equity, the company is underpriced. +1
  • The TTM is 0.998. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.244MRQ1.119+0.125
MRQ1.119TTM0.998+0.121
TTM0.998YOY0.869+0.129
TTM0.9985Y38.678-37.680
5Y38.67810Y25.203+13.475
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
EOD1.2441.177+0.067
MRQ1.1190.994+0.125
TTM0.9981.015-0.017
YOY0.8690.987-0.118
5Y38.6781.236+37.442
10Y25.2031.423+23.780
4.6.2. Total Gains per Share

2.4. Latest News of The Goldman Sachs Group Inc

Does The Goldman Sachs Group Inc still have the same value as the quarterly reports suggest? Recent changes may be an indication that the value of the company is changing. Read the news from The Goldman Sachs Group Inc to keep up to date. Note: the news is often already included in the price.

DateTitleRead
2024-10-23
20:00
Wall Street Cranks Up Its Complex Bond Machine AgainRead
2024-10-22
09:43
Dollar Would Fare Best After Republican Sweep in U.S. ElectionsRead
2024-10-19
22:56
Goldman Sachs: Coterra Energy Inc. (NYSE:CTRA) Is A Stock With High Consensus ROERead
2024-10-19
15:04
Jim Cramer on The Goldman Sachs Group, Inc. (GS): ‘I Think It’s Going To Blow Away The Numbers And The Stock Goes Higher’Read
2024-10-18
17:37
Market Chatter: Microsoft, OpenAI Hire Investment Banks Over $14 Billion Investment ConversionRead
2024-10-18
15:17
The Goldman Sachs Group, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen NextRead
2024-10-18
15:01
Restaurant365 Honored by Goldman Sachs for EntrepreneurshipRead
2024-10-18
12:20
Should Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS) Be on Your Investing Radar?Read
2024-10-18
12:20
Should Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (GGUS) Be on Your Investing Radar?Read
2024-10-18
00:39
Goldman Teams Up With Blackstone to Sell Novel Fund Finance BondRead
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6. Financial Statements




6.1. Latest Balance Sheet

Balance Sheet of 2024-06-30. Currency in EUR. All numbers in thousands.

Summary
Total Assets1,653,313,000
Total Liabilities1,533,850,000
Total Stockholder Equity119,463,000
 As reported
Total Liabilities 1,533,850,000
Total Stockholder Equity+ 119,463,000
Total Assets = 1,653,313,000

Assets

Total Assets1,653,313,000
Total Current Assets-
Long-term Assets-
Total Current Assets
Cash And Cash Equivalents 206,326,000
Short-term Investments 23,856,000
Net Receivables 142,000,000
Total Current Assets  (as reported)0
Total Current Assets  (calculated)372,182,000
+/- 372,182,000
Long-term Assets
Property Plant Equipment 11,760,000
Goodwill 5,893,000
Long Term Investments 638,386,000
Intangible Assets 992,000
Long-term Assets  (as reported)0
Long-term Assets  (calculated)657,031,000
+/- 657,031,000

Liabilities & Shareholders' Equity

Total Current Liabilities-
Long-term Liabilities-
Total Stockholder Equity119,463,000
Total Current Liabilities
Short Long Term Debt 91,269,000
Accounts payable 242,986,000
Total Current Liabilities  (as reported)0
Total Current Liabilities  (calculated)334,255,000
+/- 334,255,000
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Retained Earnings 148,652,000
Total Stockholder Equity (as reported)119,463,000
Total Stockholder Equity (calculated)148,652,000
+/- 29,189,000
Other
Capital Stock12,762,000
Common Stock Shares Outstanding 316,163
Net Debt 128,198,000
Net Invested Capital 441,234,000
Property Plant and Equipment Gross 25,780,000



6.2. Balance Sheets Structured

Currency in EUR. All numbers in thousands.

 Trend2024-06-302024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-31
> Total Assets 
860,165,000
894,069,000
906,518,000
930,132,000
916,776,000
973,535,000
968,610,000
957,190,000
931,796,000
925,349,000
944,903,000
1,007,320,000
992,968,000
1,089,756,000
1,141,523,000
1,132,059,000
1,163,000
1,302,000,000
1,388,000,000
1,443,000,000
1,463,000,000
1,589,000,000
1,601,000,000
1,557,000,000
1,442,000,000
1,538,349,000
1,571,000,000
1,577,000,000
1,641,594,000
1,698,440,000
1,653,313,000
1,653,313,0001,698,440,0001,641,594,0001,577,000,0001,571,000,0001,538,349,0001,442,000,0001,557,000,0001,601,000,0001,589,000,0001,463,000,0001,443,000,0001,388,000,0001,302,000,0001,163,0001,132,059,0001,141,523,0001,089,756,000992,968,0001,007,320,000944,903,000925,349,000931,796,000957,190,000968,610,000973,535,000916,776,000930,132,000906,518,000894,069,000860,165,000
   > Total Current Assets 
0
875,720,000
886,806,000
909,589,000
895,890,000
951,921,000
945,632,000
933,080,000
907,097,000
892,763,000
911,431,000
972,232,000
899,342,000
989,677,000
1,033,393,000
1,019,835,000
1,043,516,000
1,183,197,000
1,268,518,000
1,330,559,000
1,349,466,000
1,460,000,000
1,456,833,000
1,400,795,000
1,282,750,000
0
1,407,015,000
1,394,000,000
0
0
0
0001,394,000,0001,407,015,00001,282,750,0001,400,795,0001,456,833,0001,460,000,0001,349,466,0001,330,559,0001,268,518,0001,183,197,0001,043,516,0001,019,835,0001,033,393,000989,677,000899,342,000972,232,000911,431,000892,763,000907,097,000933,080,000945,632,000951,921,000895,890,000909,589,000886,806,000875,720,0000
       Cash And Cash Equivalents 
238,636,000
240,313,000
110,888,000
116,610,000
110,051,000
120,503,000
131,417,000
118,871,000
130,547,000
87,884,000
91,092,000
94,094,000
133,546,000
105,489,000
132,599,000
153,201,000
156,000
191,000,000
240,000,000
212,000,000
261,000,000
274,000,000
288,000,000
284,000,000
242,000,000
229,327,000
271,000,000
240,000,000
241,577,000
209,385,000
206,326,000
206,326,000209,385,000241,577,000240,000,000271,000,000229,327,000242,000,000284,000,000288,000,000274,000,000261,000,000212,000,000240,000,000191,000,000156,000153,201,000132,599,000105,489,000133,546,00094,094,00091,092,00087,884,000130,547,000118,871,000131,417,000120,503,000110,051,000116,610,000110,888,000240,313,000238,636,000
       Short-term Investments 
0
568,401,000
573,179,000
585,168,000
580,321,000
597,861,000
598,476,000
603,688,000
565,858,000
601,803,000
602,920,000
653,785,000
221,762,000
0
0
0
526,000
529,000
526,000
0
25,000
897,000
4,991,000
8,215,000
13,180,000
20,952,000
30,086,000
40,421,000
33,173,000
23,117,000
23,856,000
23,856,00023,117,00033,173,00040,421,00030,086,00020,952,00013,180,0008,215,0004,991,000897,00025,0000526,000529,000526,000000221,762,000653,785,000602,920,000601,803,000565,858,000603,688,000598,476,000597,861,000580,321,000585,168,000573,179,000568,401,0000
       Net Receivables 
115,496,000
130,595,000
154,324,000
157,874,000
157,547,000
184,920,000
167,810,000
163,937,000
164,471,000
73,438,000
83,915,000
83,092,000
188,232,000
254,082,000
229,140,000
228,236,000
243,387,000
292,275,000
299,715,000
322,338,000
327,020,000
341,000,000
348,127,000
351,589,000
325,237,000
144,633,000
346,975,000
319,000,000
132,495,000
160,419,000
142,000,000
142,000,000160,419,000132,495,000319,000,000346,975,000144,633,000325,237,000351,589,000348,127,000341,000,000327,020,000322,338,000299,715,000292,275,000243,387,000228,236,000229,140,000254,082,000188,232,00083,092,00083,915,00073,438,000164,471,000163,937,000167,810,000184,920,000157,547,000157,874,000154,324,000130,595,000115,496,000
       Other Current Assets 
0
0
0
705,000
634,000
591,000
441,000
906,000
1,375,000
636,000
827,000
749,000
67,075,000
59,760,000
71,629,000
81,598,000
69,468,000
63,635,000
76,817,000
70,414,000
69,228,000
453,000,000
73,301,000
78,640,000
40,428,000
0
91,470,000
387,000,000
0
0
0
000387,000,00091,470,000040,428,00078,640,00073,301,000453,000,00069,228,00070,414,00076,817,00063,635,00069,468,00081,598,00071,629,00059,760,00067,075,000749,000827,000636,0001,375,000906,000441,000591,000634,000705,000000
   > Long-term Assets 0000000000000000000000000000000
       Property Plant Equipment 
0
13,372,000
13,978,000
14,805,000
15,094,000
15,777,000
17,108,000
18,302,000
18,317,000
21,663,000
22,657,000
23,590,000
24,246,000
25,904,000
26,045,000
25,783,000
25,427,000
24,757,000
23,140,000
20,459,000
20,386,000
0
20,705,000
19,234,000
19,246,000
18,609,000
17,617,000
15,303,000
13,415,000
12,595,000
11,760,000
11,760,00012,595,00013,415,00015,303,00017,617,00018,609,00019,246,00019,234,00020,705,000020,386,00020,459,00023,140,00024,757,00025,427,00025,783,00026,045,00025,904,00024,246,00023,590,00022,657,00021,663,00018,317,00018,302,00017,108,00015,777,00015,094,00014,805,00013,978,00013,372,0000
       Goodwill 
0
3,664,000
3,668,000
3,665,000
3,665,000
3,707,000
3,757,000
3,754,000
3,758,000
3,760,000
3,772,000
4,196,000
4,196,000
0
4,196,000
4,333,000
4,332,000
4,332,000
4,332,000
4,326,000
4,285,000
5,272,000
6,196,000
6,288,000
6,374,000
6,439,000
5,942,000
5,913,000
5,916,000
5,897,000
5,893,000
5,893,0005,897,0005,916,0005,913,0005,942,0006,439,0006,374,0006,288,0006,196,0005,272,0004,285,0004,326,0004,332,0004,332,0004,332,0004,333,0004,196,00004,196,0004,196,0003,772,0003,760,0003,758,0003,754,0003,757,0003,707,0003,665,0003,665,0003,668,0003,664,0000
       Long Term Investments 
480,552,000
496,317,000
1,654,000
1,680,000
1,754,000
1,788,000
1,764,000
1,707,000
2,300,000
369,116,000
376,767,000
430,752,000
419,269,000
444,165,000
473,956,000
489,192,000
483,000
463,000,000
467,000,000
480,000,000
464,000,000
484,000,000
487,000,000
511,000,000
432,000,000
489,065,000
538,000,000
594,000,000
573,229,000
616,999,000
638,386,000
638,386,000616,999,000573,229,000594,000,000538,000,000489,065,000432,000,000511,000,000487,000,000484,000,000464,000,000480,000,000467,000,000463,000,000483,000489,192,000473,956,000444,165,000419,269,000430,752,000376,767,000369,116,0002,300,0001,707,0001,764,0001,788,0001,754,0001,680,0001,654,000496,317,000480,552,000
       Intangible Assets 
0
403,000
412,000
393,000
373,000
342,000
349,000
347,000
324,000
332,000
342,000
690,000
641,000
0
596,000
632,000
630,000
575,000
523,000
497,000
418,000
1,209,000
2,014,000
1,963,000
2,009,000
1,965,000
1,921,000
1,341,000
1,177,000
1,021,000
992,000
992,0001,021,0001,177,0001,341,0001,921,0001,965,0002,009,0001,963,0002,014,0001,209,000418,000497,000523,000575,000630,000632,000596,0000641,000690,000342,000332,000324,000347,000349,000342,000373,000393,000412,000403,0000
> Total Liabilities 
773,272,000
807,152,000
819,321,000
843,272,000
833,980,000
889,328,000
880,647,000
868,944,000
840,043,000
835,076,000
854,011,000
915,308,000
902,703,000
997,377,000
1,051,494,000
1,039,409,000
1,067,000
1,204,000,000
1,286,000,000
1,337,000,000
1,353,000,000
1,474,000,000
1,483,000,000
1,438,000,000
1,325,000,000
1,420,840,000
1,455,000,000
1,460,000,000
1,524,689,000
1,579,894,000
1,533,850,000
1,533,850,0001,579,894,0001,524,689,0001,460,000,0001,455,000,0001,420,840,0001,325,000,0001,438,000,0001,483,000,0001,474,000,0001,353,000,0001,337,000,0001,286,000,0001,204,000,0001,067,0001,039,409,0001,051,494,000997,377,000902,703,000915,308,000854,011,000835,076,000840,043,000868,944,000880,647,000889,328,000833,980,000843,272,000819,321,000807,152,000773,272,000
   > Total Current Liabilities 
0
487,114,000
492,104,000
486,784,000
495,921,000
528,555,000
508,117,000
485,018,000
479,684,000
453,289,000
470,217,000
512,450,000
528,937,000
578,201,000
585,891,000
563,726,000
624,645,000
733,416,000
765,569,000
771,359,000
804,148,000
584,000,000
889,997,000
822,739,000
742,699,000
0
857,140,000
518,000,000
0
0
0
000518,000,000857,140,0000742,699,000822,739,000889,997,000584,000,000804,148,000771,359,000765,569,000733,416,000624,645,000563,726,000585,891,000578,201,000528,937,000512,450,000470,217,000453,289,000479,684,000485,018,000508,117,000528,555,000495,921,000486,784,000492,104,000487,114,0000
       Short-term Debt 
111,081,000
124,405,000
404,460,000
417,518,000
30,090,000
28,134,000
25,949,000
22,326,000
27,476,000
52,379,000
57,144,000
57,210,000
55,611,000
37,000,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000037,000,00055,611,00057,210,00057,144,00052,379,00027,476,00022,326,00025,949,00028,134,00030,090,000417,518,000404,460,000124,405,000111,081,000
       Short Long Term Debt 
111,081,000
124,405,000
404,460,000
417,518,000
30,090,000
28,134,000
25,949,000
22,326,000
27,476,000
52,379,000
57,144,000
57,210,000
55,611,000
61,244,000
56,564,000
59,756,000
53,000
58,000,000
62,000,000
49,000,000
47,000,000
58,000,000
58,000,000
52,000,000
61,000,000
76,082,000
70,000,000
70,000,000
83,149,000
86,629,000
91,269,000
91,269,00086,629,00083,149,00070,000,00070,000,00076,082,00061,000,00052,000,00058,000,00058,000,00047,000,00049,000,00062,000,00058,000,00053,00059,756,00056,564,00061,244,00055,611,00057,210,00057,144,00052,379,00027,476,00022,326,00025,949,00028,134,00030,090,000417,518,000404,460,000124,405,000111,081,000
       Accounts payable 
606,810,000
615,781,000
199,562,000
202,986,000
178,169,000
190,991,000
192,617,000
189,968,000
180,235,000
180,997,000
185,279,000
188,161,000
174,817,000
213,178,000
199,211,000
187,357,000
190,658,000
224,268,000
238,697,000
252,120,000
251,931,000
293,000,000
279,984,000
278,457,000
262,045,000
266,301,000
257,843,000
253,000,000
230,728,000
256,662,000
242,986,000
242,986,000256,662,000230,728,000253,000,000257,843,000266,301,000262,045,000278,457,000279,984,000293,000,000251,931,000252,120,000238,697,000224,268,000190,658,000187,357,000199,211,000213,178,000174,817,000188,161,000185,279,000180,997,000180,235,000189,968,000192,617,000190,991,000178,169,000202,986,000199,562,000615,781,000606,810,000
       Other Current Liabilities 
124,098,000
127,929,000
94,177,000
78,494,000
104,493,000
116,376,000
98,311,000
86,103,000
103,092,000
87,297,000
87,867,000
86,489,000
106,976,000
120,049,000
155,387,000
125,160,000
145,401,000
205,727,000
194,119,000
177,460,000
212,433,000
233,000,000
254,508,000
195,432,000
200,735,000
0
186,579,000
195,000,000
0
0
0
000195,000,000186,579,0000200,735,000195,432,000254,508,000233,000,000212,433,000177,460,000194,119,000205,727,000145,401,000125,160,000155,387,000120,049,000106,976,00086,489,00087,867,00087,297,000103,092,00086,103,00098,311,000116,376,000104,493,00078,494,00094,177,000127,929,000124,098,000
   > Long-term Liabilities 0000000000000000000000000000000
       Capital Lease Obligations 
0
0
0
0
0
0
0
0
0
2,413,000
2,382,000
2,383,000
2,385,000
2,289,000
2,325,000
2,268,000
2,283,000
2,319,000
2,291,000
2,283,000
2,288,000
2,261,000
2,160,000
2,057,000
2,154,000
2,129,000
2,113,000
2,222,000
2,232,000
2,160,000
2,122,000
2,122,0002,160,0002,232,0002,222,0002,113,0002,129,0002,154,0002,057,0002,160,0002,261,0002,288,0002,283,0002,291,0002,319,0002,283,0002,268,0002,325,0002,289,0002,385,0002,383,0002,382,0002,413,000000000000
> Total Stockholder Equity
86,893,000
86,917,000
75,472,000
75,089,000
70,390,000
72,376,000
75,396,000
75,559,000
78,982,000
90,273,000
90,892,000
92,012,000
90,265,000
92,379,000
90,029,000
92,650,000
96,000
98,000,000
102,000,000
106,000,000
110,000,000
115,000,000
118,000,000
119,000,000
117,000,000
117,509,000
116,000,000
117,000,000
116,905,000
118,546,000
119,463,000
119,463,000118,546,000116,905,000117,000,000116,000,000117,509,000117,000,000119,000,000118,000,000115,000,000110,000,000106,000,000102,000,00098,000,00096,00092,650,00090,029,00092,379,00090,265,00092,012,00090,892,00090,273,00078,982,00075,559,00075,396,00072,376,00070,390,00075,089,00075,472,00086,917,00086,893,000
   Retained Earnings 
89,039,000
90,904,000
92,225,000
93,958,000
91,519,000
93,907,000
95,941,000
98,083,000
100,100,000
101,988,000
103,867,000
105,194,000
106,465,000
106,501,000
106,248,000
109,033,000
112,947,000
119,210,000
124,051,000
128,631,000
131,811,000
134,931,000
136,998,000
139,067,000
139,372,000
141,591,000
141,798,000
142,743,000
143,688,000
146,690,000
148,652,000
148,652,000146,690,000143,688,000142,743,000141,798,000141,591,000139,372,000139,067,000136,998,000134,931,000131,811,000128,631,000124,051,000119,210,000112,947,000109,033,000106,248,000106,501,000106,465,000105,194,000103,867,000101,988,000100,100,00098,083,00095,941,00093,907,00091,519,00093,958,00092,225,00090,904,00089,039,000
   Accumulated Other Comprehensive Income 0000000000000000000000000000000
   Capital Surplus 0000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000



6.3. Balance Sheets

Currency in EUR. All numbers in thousands.




6.4. Cash Flows

Currency in EUR. All numbers in thousands.




6.5. Income Statements

Currency in USD. All numbers in thousands.


6.6. Latest Income Statement

Income Statement (annual), 2023-12-31. Currency in EUR. All numbers in thousands.

Gross Profit (+$)
totalRevenue46,254,000
Cost of Revenue--
Gross Profit-46,254,000
 
Operating Income (+$)
Gross Profit-
Operating Expense--
Operating Income-0
 
Operating Expense (+$)
Research Development-
Selling General Administrative16,128,000
Selling And Marketing Expenses-
Operating Expense-16,128,000
 
Net Interest Income (+$)
Interest Income68,515,000
Interest Expense-62,164,000
Other Finance Cost-0
Net Interest Income6,351,000
 
Pretax Income (+$)
Operating Income-
Net Interest Income6,351,000
Other Non-Operating Income Expenses-
Income Before Tax (EBT)10,739,0000
EBIT - interestExpense = -62,164,000
8,516,000
70,680,000
Interest Expense62,164,000
Earnings Before Interest and Taxes (EBIT)-72,903,000
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax10,739,000
Tax Provision-2,223,000
Net Income From Continuing Ops8,516,0008,516,000
Net Income8,516,000
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net--6,351,000
 

Technical Analysis of The Goldman Sachs Group Inc
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of The Goldman Sachs Group Inc. The general trend of The Goldman Sachs Group Inc is BULLISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine The Goldman Sachs Group Inc's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (85.7%) Bearish trend (-85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of The Goldman Sachs Group Inc.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 473.25 < 488.20 < 495.55.

The bearish price targets are: 460.25 > 450.81 > 438.85.

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The Goldman Sachs Group Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of The Goldman Sachs Group Inc. The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

The Goldman Sachs Group Inc Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of The Goldman Sachs Group Inc. The current macd is 6.46854582.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the The Goldman Sachs Group Inc price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for The Goldman Sachs Group Inc. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the The Goldman Sachs Group Inc price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
The Goldman Sachs Group Inc Daily Moving Average Convergence/Divergence (MACD) ChartThe Goldman Sachs Group Inc Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of The Goldman Sachs Group Inc. The current adx is 29.33.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy The Goldman Sachs Group Inc shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
The Goldman Sachs Group Inc Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of The Goldman Sachs Group Inc. The current sar is 492.75.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
The Goldman Sachs Group Inc Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of The Goldman Sachs Group Inc. The current rsi is 49.48. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending down: The RSI is trending down. -1
The Goldman Sachs Group Inc Daily Relative Strength Index (RSI) ChartThe Goldman Sachs Group Inc Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of The Goldman Sachs Group Inc. The current phase is Oversold in bull market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the The Goldman Sachs Group Inc price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
The Goldman Sachs Group Inc Daily Stochastic Oscillator ChartThe Goldman Sachs Group Inc Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of The Goldman Sachs Group Inc. The current cci is -30.44371289.

The Goldman Sachs Group Inc Daily Commodity Channel Index (CCI) ChartThe Goldman Sachs Group Inc Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of The Goldman Sachs Group Inc. The current cmo is -12.60073997.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
The Goldman Sachs Group Inc Daily Chande Momentum Oscillator (CMO) ChartThe Goldman Sachs Group Inc Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of The Goldman Sachs Group Inc. The current willr is -99.54545455.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
The Goldman Sachs Group Inc Daily Williams %R ChartThe Goldman Sachs Group Inc Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of The Goldman Sachs Group Inc.

The Goldman Sachs Group Inc Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of The Goldman Sachs Group Inc. The current atr is 7.45405693.

The Goldman Sachs Group Inc Daily Average True Range (ATR) ChartThe Goldman Sachs Group Inc Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of The Goldman Sachs Group Inc. The current obv is -7,245.

The Goldman Sachs Group Inc Daily On-Balance Volume (OBV) ChartThe Goldman Sachs Group Inc Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of The Goldman Sachs Group Inc. The current mfi is 51.07.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
The Goldman Sachs Group Inc Daily Money Flow Index (MFI) ChartThe Goldman Sachs Group Inc Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for The Goldman Sachs Group Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2024-06-19 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-20 00:00:00BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-21 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-25 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-26 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-27 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-28 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-02 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-07-03 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-07-05 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-07-08 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-07-09 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-11 00:00:00BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-16 00:00:00BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-17 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-18 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-07-19 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-07-23 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-24 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-07-25 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-07-26 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-29 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-31 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-01 00:00:00MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-08-02 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-08-05 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-08-06 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-08-08 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-08-09 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-08-12 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-08-15 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-08-16 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-19 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-08-21 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-08-23 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-08-26 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-27 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-08-29 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-09-02 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-09-03 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-09-04 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-09-05 00:00:00WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-09-06 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-09-09 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-09-10 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-09-12 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-19 00:00:00MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-09-20 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-09-23 00:00:00WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-09-25 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-26 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-09-27 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-09-30 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-10-01 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-10-02 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-03 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-10-04 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-10-07 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-10-09 00:00:00BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-10-10 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-11 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-10-15 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-16 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-10-18 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-22 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-10-25 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-10-28 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-10-29 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-10-31 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-11-04 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).

6.3. Candlestick Patterns

The Goldman Sachs Group Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of The Goldman Sachs Group Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.476
Ma 20Greater thanMa 50477.280
Ma 50Greater thanMa 100457.212
Ma 100Greater thanMa 200449.827
OpenGreater thanClose479.200
Total4/5 (80.0%)
Penke
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