71.4100
Change
0.7100
Change %
1.0042%
Open
70.7000
Close
70.9650
High
71.5900
Low
70.4700
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.%
1.1770
-0.0179
1.4964%
1.3470
-0.0073
0.5361%
16.439
-0.232
1.389%
71.355
0.805
1.141%
78.66
-0.64
0.81%
1292.495
-26.535
2.012%
 
 
News Today