Low Volatility Setup: GS Squeezes at $902.27
Goldman Sachs Group Inc (GS) advanced 1.12%, ending the session at $902.27 on February 25.
Key indicators suggest a bearish bias:
Moving Averages
Moving averages are stacked bearishly—price below the 9-day at $914.04, resistance at 21-day ($920.78).
Momentum
RSI at 45.2 is neutral but weakening. MACD reads -3.77 against its 0.54 signal line (bearish).
Volatility
Volatility has been compressing for 18 sessions (TTM Squeeze active), often a precursor to directional moves.
Traders are watching $888.64 on the downside and $960.36 on the upside.
