Goldman Sachs Shares Rise 1.49% but Stay Below Key Averages

Goldman Sachs shares were quoted at $882.28 at 4:27 p.m. ET (21:27 UTC) Monday, Nov. 9, up 1.49% over 24 hours but below three key moving averages. The seven-day simple moving average was $883.58, while the 20-day and 50-day averages were $893.51 and $901.37, respectively. The daily relative strength index was 45.82, a neutral reading. The moving average convergence divergence indicator was negative at -7.5959, and its histogram was 0.0000. Technical levels included a pivot point of $876.88, support near $871 and stronger support at $860. Resistance levels were $888.02 and $893.76. Binance derivatives measures were mixed. Funding was 0.0000%. Open interest was 619.97 contracts, up 0.84% over 24 hours, with a daily value of $548,146. Binance’s global account ratio was 56.4% long, compared with 64.1% long among top traders.

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