29 May, 2018
The following are the 15 largest banks in U.S. by assets, the list was published by https://www.bankrate.com/.
- JPMorgan Chase & Co
- Bank of America Corporation
- Wells Fargo & Co
- Citigroup Inc
- Goldman Sachs Group Inc
- Morgan Stanley
- U.S. Bancorp
- TD Group US Holdings
- PNC Financial Services Group Inc
- Bank of New York Mellon Corporation
- Capital One Financial Corporation
- State Street Corp.
- BB&T Corporation
- SunTrust Banks Inc
- HSBC USA Inc
Goldman Sachs Group Inc ranked fifth by https://www.bankrate.com/.
US Stock Chart Analysis
GS Goldman Sachs Group Inc and Moving Averages and Bollinger Bands
Picture worth a thousand words, see chart on Goldman Sachs Group Inc stock price.
Price Action and Moving Averages:
Stock code: GS, Goldman Sachs Group, Inc has closed below its 20 period Moving Average.
20 period Short Term moving average is currently below 50 period, and below 100 period moving average.
The three MAs are slopping down, since price action is resisted by 20 MA. It is likely to continue to be bearish.
Bollinger Bands:
Goldman Sachs Group Inc, stock code: GS has closed above bottom Bollinger band.
Bollinger Bands are narrower than normal.
The narrow width of the bands suggests low volatility. The probability of volatility increasing with a sharp price move, so watch out.
Zoom in, the bands have been in this narrow range for 5 bars. The probability of a significant price move increases as long as the bands remain in this narrow range.
Manage your risk!
May 25, 2018 Goldman Sachs Group Inc and Moving Average and Bollinger Bands
Moses US Stock Chart Analysis
AmiBrokerAcademy.com
Disclaimer
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