56.6800
Change
-0.0200
Change %
0.0353%
Open
56.6800
Close
56.6800
High
56.6800
Low
56.6800
Nike deepens losses - Analysis - 19-05-2017
2017-05-19 12:07:12 GMT (Economies.com)
Nike deepens losses - Analysis - 19-05-2017
 

Nike's stock (NKE) fell in the intraday levels, recording a new loss of 0.23% in the last session, or 0.12 points, amid the dominance of the downward correctional short-term trend, with negative pressure from the 50-day SMA, coupled with a noticeable rise in trading volumes, and negative signals from relative power indicators.

 

Therefore we expect more losses for the stock, targeting the support of 50.77, which represents the ratio 78.6% of Fibonacci retracement levels for an ascending wave in the medium term (from 45.39 to 68.19). 

 
 
 
  Symbol Last Change Chg.%
1.1628
-0.0002
0.0193%
1.2967
-0.0007
0.0555%
16.315
-0.017
0.101%
46.905
-0.025
0.053%
49.30
-0.40
0.80%
1244.280
-0.445
0.036%
 
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