NIKE INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	NKE
ISIN:

NIKE INC. - Daily - Technical analysis published on 11/13/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

28%

44%

28%

My opinion

Bearish under 83.94 USD

My targets

74.53 USD (-2.77%)

70.77 USD (-7.67%)

My analysis

NIKE INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 83.94 USD. The next support located at 74.53 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 70.77 USD. Below this support, sellers could then target 60.48 USD. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

6.3

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 76.65 USD. The price is lower by -0.01% since the last closing with the lowest point at 76.47 USD and the highest point at 77.29 USD. The deviation from the price is +0.24% for the low point and -0.83% for the high point.

76.47

77.29

76.65

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of NIKE INC. in Daily shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near resistance of channel

Type : Bearish

Timeframe : Daily

Near horizontal support

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	60.48	70.77	74.53	76.65	83.94	88.06	96.77
Change (%)	-21.10%	-7.67%	-2.77%	-	+9.51%	+14.89%	+26.25%
Change	-16.17	-5.88	-2.12	-	+7.29	+11.41	+20.12
Level	Major	Major	Intermediate	-	Intermediate	Major	Intermediate

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	74.77	75.45	76.06	76.74	77.35	78.03	78.64
Camarilla	76.31	76.42	76.54	76.66	76.78	76.90	77.02
Woodie	74.73	75.43	76.02	76.72	77.31	78.01	78.60
Fibonacci	75.45	75.95	76.25	76.74	77.24	77.54	78.03

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	71.05	73.09	74.48	76.52	77.91	79.95	81.34
Camarilla	74.94	75.25	75.57	75.88	76.19	76.51	76.82
Woodie	70.74	72.93	74.17	76.36	77.60	79.79	81.03
Fibonacci	73.09	74.40	75.21	76.52	77.83	78.64	79.95

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	57.23	66.22	71.67	80.66	86.11	95.10	100.55
Camarilla	73.16	74.48	75.81	77.13	78.45	79.78	81.10
Woodie	55.47	65.34	69.91	79.78	84.35	94.22	98.79
Fibonacci	66.22	71.73	75.14	80.66	86.17	89.58	95.10

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):	39.34
MACD (12,26,9):	-1.5300
Directional Movement:	-12.25
AROON (14):	-64.29
DEMA (21):	76.22
Parabolic SAR (0,02-0,02-0,2):	75.26
Elder Ray (13):	-0.46
Super Trend (3,10):	80.64
Zig ZAG (10):	76.68
VORTEX (21):	0.8100
Stochastique (14,3,5):	28.69
TEMA (21):	75.32
Williams %R (14):	-65.82
Chande Momentum Oscillator (20):	-2.25
Repulse (5,40,3):	-0.6700
ROCnROLL:	2
TRIX (15,9):	-0.2800
Courbe Coppock:	9.99

MA7:	76.43
MA20:	78.41
MA50:	81.07
MA100:	79.22
MAexp7:	76.68
MAexp20:	78.17
MAexp50:	79.95
MAexp100:	82.06
Price / MA7:	+0.29%
Price / MA20:	-2.24%
Price / MA50:	-5.45%
Price / MA100:	-3.24%
Price / MAexp7:	-0.04%
Price / MAexp20:	-1.94%
Price / MAexp50:	-4.13%
Price / MAexp100:	-6.59%

Quotes : - 15 min delayed data - NYSE Stocks

News

Don't forget to follow the news on NIKE INC.. At the time of publication of this analysis, the latest news was as follows:

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

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