Where Will Goldman Sachs Group Inc (GS) Stock Go Next After It Has Fallen 0.60% in a Week?

Overall market sentiment has been neutral on Goldman Sachs Group Inc (GS) stock lately. GS receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator.

Goldman Sachs Group Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on GS!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With GS Stock Today?

Goldman Sachs Group Inc (GS) stock is trading at $285.29 as of 2:42 PM on Friday, Jun 17, a gain of $0.29, or 0.1% from the previous closing price of $285.00. Volume today is 2,503,331 compared to average volume of 2,406,714. The stock has traded between $278.15 and $286.26 so far today. To see InvestorsObserver's Sentiment Score for Goldman Sachs Group Inc click here.

More About Goldman Sachs Group Inc

Goldman Sachs is a leading global investment banking firm whose activities are organized into investment banking (20% of net revenue), global markets (45%), asset management (20%), and consumer and wealth management (15%) segments. Approximately 60% of the company's net revenue is generated in the Americas, 15% in Asia, and 25% in Europe, the Middle East, and Africa. In 2008, Goldman reorganized itself as a financial holding company regulated by the Federal Reserve System. Click Here to get the full Stock Report for Goldman Sachs Group Inc stock.