NIKE INC. - 1H - Technical analysis published on 07/20/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 108.07 USD
My targets
114.07 USD (+4.48%)
120.45 USD (+10.32%)
My analysis
NIKE INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 108.07 USD. The next resistance located at 114.07 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 120.45 USD. After this resistance, buyers could then target 123.82 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NIKE INC. rating 109.18 USD. The price registered a decrease of -0.01% on the session and was between 108.87 USD and 109.86 USD. This implies that the price is at +0.28% from its lowest and at -0.62% from its highest.108.87
109.86
109.18
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this NIKE INC. chart shows a strongly bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 13 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 102.29 | 105.74 | 108.07 | 109.18 | 114.07 | 120.45 | 123.82 |
| Change (%) | -6.31% | -3.15% | -1.02% | - | +4.48% | +10.32% | +13.41% |
| Change | -6.89 | -3.44 | -1.11 | - | +4.89 | +11.27 | +14.64 |
| Level | Major | Intermediate | Intermediate | - | Major | Minor | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 102.40 | 103.92 | 106.55 | 108.07 | 110.70 | 112.22 | 114.85 |
| Camarilla | 108.05 | 108.43 | 108.81 | 109.19 | 109.57 | 109.95 | 110.33 |
| Woodie | 102.97 | 104.20 | 107.12 | 108.35 | 111.27 | 112.50 | 115.42 |
| Fibonacci | 103.92 | 105.50 | 106.48 | 108.07 | 109.65 | 110.63 | 112.22 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 96.28 | 98.92 | 101.81 | 104.45 | 107.34 | 109.98 | 112.87 |
| Camarilla | 103.18 | 103.69 | 104.19 | 104.70 | 105.21 | 105.71 | 106.22 |
| Woodie | 96.41 | 98.98 | 101.94 | 104.51 | 107.47 | 110.04 | 113.00 |
| Fibonacci | 98.92 | 101.03 | 102.34 | 104.45 | 106.56 | 107.87 | 109.98 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 71.01 | 85.89 | 94.05 | 108.93 | 117.09 | 131.97 | 140.13 |
| Camarilla | 95.86 | 97.98 | 100.09 | 102.20 | 104.31 | 106.42 | 108.54 |
| Woodie | 67.64 | 84.21 | 90.68 | 107.25 | 113.72 | 130.29 | 136.76 |
| Fibonacci | 85.89 | 94.70 | 100.13 | 108.93 | 117.74 | 123.17 | 131.97 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 68.91 | |
| MACD (12,26,9): | 1.2700 | |
| Directional Movement: | 25.59 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 108.46 | |
| Parabolic SAR (0,02-0,02-0,2): | 106.82 | |
| Elder Ray (13): | 1.74 | |
| Super Trend (3,10): | 106.67 | |
| Zig ZAG (10): | 109.46 | |
| VORTEX (21): | 1.1400 | |
| Stochastique (14,3,5): | 94.91 | |
| TEMA (21): | 109.49 | |
| Williams %R (14): | -3.09 | |
| Chande Momentum Oscillator (20): | 3.79 | |
| Repulse (5,40,3): | 0.8700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1100 | |
| Courbe Coppock: | 6.88 |
| MA7: | 105.64 | |
| MA20: | 105.76 | |
| MA50: | 110.04 | |
| MA100: | 119.40 | |
| MAexp7: | 108.69 | |
| MAexp20: | 107.03 | |
| MAexp50: | 105.89 | |
| MAexp100: | 106.09 | |
| Price / MA7: | +3.35% | |
| Price / MA20: | +3.23% | |
| Price / MA50: | -0.78% | |
| Price / MA100: | -8.56% | |
| Price / MAexp7: | +0.45% | |
| Price / MAexp20: | +2.01% | |
| Price / MAexp50: | +3.11% | |
| Price / MAexp100: | +2.91% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
The last news published on NIKE INC. at the time of the generation of this analysis was as follows:
- Thinking about trading options or stock in Alibaba, Apple, Humana, Pfizer, or Nike?
- Thinking about trading options or stock in Exxon Mobil, General Mills, Microsoft, Nike, or Starbucks?
- Thinking about trading options or stock in Nike, Cigna Corp, Occidental Petroleum, Apple, or NVIDIA?
-
Where next for Nike share price after latest earnings info? 👟
- NIKE, Inc. Reports Fiscal 2022 Fourth Quarter and Full Year Results
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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