Based on the 15-minute chart for Goldman Sachs, the MACD has triggered a death cross, the Bollinger Bands have narrowed, and the KDJ has also triggered a death cross, all of which occurred at 11:15 on July 30, 2025. These indicators suggest that the stock price has the potential to continue falling, the magnitude of price fluctuations is decreasing, and the momentum of the stock price is shifting towards the downside, potentially leading to further decreases.
Goldman Sachs' 15-minute chart has recently exhibited significant bearish signals, with both the MACD Death Cross and KDJ Death Cross occurring on July 30, 2025, at 11:15. These indicators suggest that the stock price is likely to continue its downward trajectory, as the momentum is shifting towards the downside [1].
The MACD Death Cross, a technical indicator, occurs when the MACD line crosses below the signal line. This is often seen as a bearish signal, indicating a potential shift in the stock's momentum towards the downside. Similarly, the KDJ Death Cross, another technical indicator, occurs when the K line crosses below the D line. This is also a bearish signal, suggesting a potential decrease in the stock's price momentum [1].
In addition to these indicators, the Bollinger Bands on Goldman Sachs' 15-minute chart have narrowed, indicating a decline in the magnitude of stock price fluctuations. When the Bollinger Bands narrow, it typically signifies a decrease in volatility, suggesting that the stock price is becoming less volatile and more stable [2].
These developments follow a broader trend of narrowing Bollinger Bands and KDJ Death Cross formations observed in several other stocks, including ASGN and Cushing NextGen [3]. While these technical indicators provide insights into potential stock price movements, it is crucial for investors to consider these signals in conjunction with fundamental analysis and broader market conditions.
Goldman Sachs' Speculative Trading Indicator has surged to historic levels, reaching its highest reading outside of the dot-com and pandemic-era bubbles. The rise is being driven by elevated recent share of trading volumes in unprofitable stocks, penny stocks, and stocks with elevated EV/sales multiples [2]. This spike in speculative trading mirrors other signs of increased risk appetite within the equity market, including a jump in call option volumes and a resurgence in IPO and SPAC issuance.
Institutional investors own 80.63% of NWPX's stock, indicating strong support from major players in the market. However, analysts have not included NWPX on their top picks, suggesting a cautious outlook among professional investors [3]. Northwest Pipe Company, under the ticker symbol NWPX, is set to release its Q2 2025 earnings on Wednesday, July 30th. Analysts are expecting earnings of $0.72 per share and revenue of $120.93 million for the quarter [3]. The industrial products company last reported earnings of $0.39 per share in April, missing the consensus estimate of $0.53.
While the recent technical indicators suggest a potential downward trend, investors should remain vigilant and consider the broader market conditions and fundamental analysis when making investment decisions.
References:
[1] https://www.ainvest.com/news/goldman-sachs-triggers-macd-death-cross-kdj-death-cross-15-minute-chart-2507/
[2] https://finance.yahoo.com/news/goldman-sachs-speculative-trading-indicator-144928285.html
[3] https://www.marketbeat.com/instant-alerts/nwpx-infrastructure-nwpx-to-release-quarterly-earnings-on-wednesday-2025-07-23/
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