GOLDMAN SACHS GROUP - 1H - Technical analysis published on 02/10/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
50%
6%
44%
My opinion
Bullish above 23.05 USD
My targets
23.30 USD (+0.52%)
23.45 USD (+1.16%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on GOLDMAN SACHS GROUP as long as the price remains well above 23.05 USD. The buyers' bullish objective is set at 23.30 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 23.45 USD. If there is any crossing, the next objective would be the resistance located at 23.79 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.5
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
GOLDMAN SACHS GROUP rating 23.18 USD. The price is lower by -0.04% since the last closing and was traded between 23.06 USD and 23.19 USD over the period. The price is currently at +0.52% from its lowest and -0.04% from its highest.23.06
23.19
23.18
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this GOLDMAN SACHS GROUP chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase is slight given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 22.89 | 23.05 | 23.16 | 23.18 | 23.30 | 23.45 | 23.79 |
| Change (%) | -1.25% | -0.56% | -0.09% | - | +0.52% | +1.16% | +2.63% |
| Change | -0.29 | -0.13 | -0.02 | - | +0.12 | +0.27 | +0.61 |
| Level | Major | Minor | Major | - | Minor | Major | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 22.96 | 23.00 | 23.10 | 23.14 | 23.24 | 23.28 | 23.38 |
| Camarilla | 23.15 | 23.16 | 23.18 | 23.19 | 23.20 | 23.22 | 23.23 |
| Woodie | 22.98 | 23.02 | 23.12 | 23.16 | 23.26 | 23.30 | 23.40 |
| Fibonacci | 23.00 | 23.06 | 23.09 | 23.14 | 23.20 | 23.23 | 23.28 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 22.54 | 22.72 | 22.87 | 23.05 | 23.20 | 23.38 | 23.53 |
| Camarilla | 22.94 | 22.97 | 23.00 | 23.03 | 23.06 | 23.09 | 23.12 |
| Woodie | 22.54 | 22.71 | 22.87 | 23.04 | 23.20 | 23.37 | 23.53 |
| Fibonacci | 22.72 | 22.84 | 22.92 | 23.05 | 23.17 | 23.25 | 23.38 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 21.60 | 22.00 | 22.51 | 22.91 | 23.42 | 23.82 | 24.33 |
| Camarilla | 22.78 | 22.86 | 22.95 | 23.03 | 23.11 | 23.20 | 23.28 |
| Woodie | 21.67 | 22.03 | 22.58 | 22.94 | 23.49 | 23.85 | 24.40 |
| Fibonacci | 22.00 | 22.34 | 22.56 | 22.91 | 23.25 | 23.47 | 23.82 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 55.88 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | 3.12 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 23.16 | |
| Parabolic SAR (0,02-0,02-0,2): | 23.19 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 22.98 | |
| Zig ZAG (10): | 23.18 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 88.73 | |
| TEMA (21): | 23.17 | |
| Williams %R (14): | -7.14 | |
| Chande Momentum Oscillator (20): | 0.00 | |
| Repulse (5,40,3): | 0.0600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.01 |
| MA7: | 23.10 | |
| MA20: | 23.01 | |
| MA50: | 23.09 | |
| MA100: | 23.24 | |
| MAexp7: | 23.16 | |
| MAexp20: | 23.13 | |
| MAexp50: | 23.10 | |
| MAexp100: | 23.05 | |
| Price / MA7: | +0.35% | |
| Price / MA20: | +0.74% | |
| Price / MA50: | +0.39% | |
| Price / MA100: | -0.26% | |
| Price / MAexp7: | +0.09% | |
| Price / MAexp20: | +0.22% | |
| Price / MAexp50: | +0.35% | |
| Price / MAexp100: | +0.56% |
Quotes :
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15 min delayed data
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NYSE Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
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