Nike sharpens correctional losses - Analysis - 14-09-2021

2021-09-14 10:22:21 GMT (Economies.com)
 

Nike's stock (NKE) fell 2.49% in the last session amid negative pressure from the 50-day SMA, amid the dominance of the downward correctional wave in the short term, with negative signals from the RSI.

 

Therefore we expect more losses for the stock, targeting the support of 150.25, provided the resistance of 162.60 holds on.

 

Expected trend for today: Bearish 

 
 
 
  Symbol Last Change Chg.%
1.1733
0.0019
0.1584%
1.3706
0.0030
0.2219%
Tadawul
11270.57
-40.58
0.36%
22.670
0.369
1.657%
73.303
2.370
3.341%
77.59
0.32
0.41%
1753.755
-3.050
0.174%
 
 
News Today