Nike amid negative outlook - Analysis - 02-04-2020
Economies.com
2020-04-02 12:43PM UTC
Nike's stock fell 4.24% in the last session with negative divergence from the RSI after reaching overbought levels, and amid the dominance of the downward short-term trend, coupled with negative pressure from the 50-day SMA.
Therefore we expect more losses for the stock, targeting the first support at 74.00.
Expected trend for today: Bearish
Stocks Technical Analysis
Stocks
Blackrock price tries to recoup some losses - Forecast today - 24-04-2024
2024-04-24 12:02PM UTC
Blackrock’s stock price (BLK) rose in the intraday levels, with positive signals from the RSI ...
Stocks
Visa price ends cautiously higher - Forecast today - 24-04-2024
2024-04-24 12:02PM UTC
Visa’s stock price (V) rose in the intraday levels, amid the dominance of the downward ...
Stocks
Oracle price breaches upward trend line - Forecast today - 24-04-2024
2024-04-24 12:01PM UTC
Oracle Corporation’s stock (ORCL) rose mildly in the intraday levels, while recouping some ...