NIKE INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

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High / Low range:	-

Type:	Stocks
Ticker:	NKE
ISIN:

NIKE INC. - Daily - Technical analysis published on 10/11/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

17%

39%

44%

My opinion

Bearish under 84.91 USD

My targets

78.09 USD (-4.78%)

74.53 USD (-9.12%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on NIKE INC.. As long as you are under the resistance located at 84.91 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 78.09 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 74.53 USD as an objective. Crossing it would then enable sellers to target 70.77 USD. If the resistance 84.91 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.

Force

3.2

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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Additional analysis

Quotes

The NIKE INC. price is 82.01 USD. The price registered a decrease of -0.11% on the session and was between 81.18 USD and 82.27 USD. This implies that the price is at +1.02% from its lowest and at -0.32% from its highest.

81.18

82.27

82.01

Here is a more detailed summary of the historical variations registered by NIKE INC.:

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of NIKE INC. in Daily shows an overall bearish trend. 64.29% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The probability of a further decline is low given the direction of the technical indicators.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near support of channel

Type : Bullish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	70.77	74.53	78.09	82.01	84.91	88.06	96.77
Change (%)	-13.71%	-9.12%	-4.78%	-	+3.54%	+7.38%	+18.00%
Change	-11.24	-7.48	-3.92	-	+2.90	+6.05	+14.76
Level	Major	Minor	Minor	-	Intermediate	Major	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	80.18	81.11	81.60	82.53	83.02	83.95	84.44
Camarilla	81.71	81.84	81.97	82.10	82.23	82.36	82.49
Woodie	79.97	81.00	81.39	82.42	82.81	83.84	84.23
Fibonacci	81.11	81.65	81.98	82.53	83.07	83.40	83.95

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	71.45	76.61	79.43	84.59	87.41	92.57	95.39
Camarilla	80.06	80.79	81.52	82.25	82.98	83.71	84.45
Woodie	70.28	76.03	78.26	84.01	86.24	91.99	94.22
Fibonacci	76.61	79.66	81.54	84.59	87.64	89.52	92.57

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	66.01	71.37	79.89	85.25	93.77	99.13	107.65
Camarilla	84.58	85.86	87.13	88.40	89.67	90.95	92.22
Woodie	67.58	72.16	81.46	86.04	95.34	99.92	109.22
Fibonacci	71.37	76.68	79.95	85.25	90.56	93.83	99.13

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	46.39
MACD (12,26,9):	0.1100
Directional Movement:	-3.18
AROON (14):	-57.14
DEMA (21):	83.66
Parabolic SAR (0,02-0,02-0,2):	88.04
Elder Ray (13):	-1.38
Super Trend (3,10):	87.49
Zig ZAG (10):	81.93
VORTEX (21):	0.9800
Stochastique (14,3,5):	20.97
TEMA (21):	82.83
Williams %R (14):	-81.01
Chande Momentum Oscillator (20):	-6.05
Repulse (5,40,3):	-0.9300
ROCnROLL:	2
TRIX (15,9):	0.1600
Courbe Coppock:	3.74

MA7:	81.78
MA20:	84.12
MA50:	81.32
MA100:	82.62
MAexp7:	82.48
MAexp20:	83.13
MAexp50:	82.34
MAexp100:	83.89
Price / MA7:	+0.28%
Price / MA20:	-2.51%
Price / MA50:	+0.85%
Price / MA100:	-0.74%
Price / MAexp7:	-0.57%
Price / MAexp20:	-1.35%
Price / MAexp50:	-0.40%
Price / MAexp100:	-2.24%

Quotes : - 15 min delayed data - NYSE Stocks

News

The last news published on NIKE INC. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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