The best indicator for Goldman Sachs (GS)
We backtested 20 indicators across daily, weekly and hourly charts on real Goldman Sachs (GS) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
RSI Trend (>50)
On the weekly chart, this is the strongest risk-adjusted edge we found for Goldman Sachs (GS) over ~27.2 years — trailing buy-and-hold by 0.6% CAGR.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | RSI Trend (>50) ✓ | Weekly | 11.2% | 0.61 | -46.0% | 39.7% | 73 | -0.6% |
| 2 | RSI Trend (>50) ✓ | Daily | 10.6% | 0.55 | -61.0% | 43.3% | 353 | -1.5% |
| 3 | EMA 20/50 Cross ✓ | Daily | 10.0% | 0.53 | -48.2% | 40.0% | 60 | -2.0% |
| 4 | ADX / DMI ✓ | Weekly | 7.2% | 0.47 | -46.4% | 54.1% | 37 | -4.6% |
| 5 | Donchian Midline ✓ | Weekly | 7.9% | 0.46 | -55.7% | 42.9% | 70 | -3.9% |
| 6 | Donchian Midline ✓ | Daily | 8.3% | 0.45 | -68.9% | 41.1% | 365 | -3.7% |
| 7 | Stochastic ✓ | Weekly | 8.1% | 0.45 | -37.0% | 76.9% | 26 | -3.6% |
| 8 | Bollinger Mean-Reversion ✓ | Daily | 7.1% | 0.43 | -42.1% | 73.6% | 121 | -4.9% |
| 9 | EMA-10 Trend ✓ | Weekly | 7.3% | 0.43 | -61.3% | 48.3% | 120 | -4.4% |
| 10 | Rate of Change ✓ | Weekly | 7.4% | 0.42 | -67.7% | 45.1% | 82 | -4.4% |
| 11 | Rate of Change ✓ | Daily | 6.9% | 0.41 | -56.0% | 42.8% | 432 | -5.1% |
| 12 | MACD ✓ | Weekly | 6.7% | 0.4 | -60.5% | 39.3% | 56 | -5.0% |
| 13 | Bollinger Breakout ✓ | Weekly | 5.3% | 0.4 | -42.4% | 54.2% | 24 | -6.4% |
| 14 | EMA 20/50 Cross ✓ | Weekly | 7.1% | 0.42 | -53.7% | 42.9% | 14 | -4.6% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Goldman Sachs (GS), RSI Trend (>50) on the weekly timeframe gave the best balance of return and risk in our test. It still trailed buy-and-hold on raw return — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
More stock
Get the weekly edge report
The best-performing indicator per asset, what changed this week, and the honest caveats — straight to your inbox.