NIKE INC.
NIKE INC.
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: NKE
ISIN:

NIKE INC. - 1H - Technical analysis published on 06/30/2020 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

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Summary of the analysis

Trends
Court terme: Neutral
De fond: Bearish
Technical indicators
72%
0%
28%
My opinion
Bearish under 97.84 USD
My targets
96.26 USD (-0.66%)
94.68 USD (-2.29%)
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 97.84 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 96.26 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 94.68 USD as an objective. Crossing it would then enable sellers to target 93.50 USD. If the resistance 97.84 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.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
0.9

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.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The NIKE INC. rating is 96.90 USD. On the day, this instrument gained +1.07% and was traded between 95.64 USD and 97.30 USD over the period. The price is currently at +1.32% from its lowest and -0.41% from its highest.

95.64
97.30
96.90

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



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:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of NIKE INC. in 1H shows an overall bearish trend. 75.00% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 93.50 94.68 96.26 96.90 97.84 99.66 100.69
Change (%) -3.51% -2.29% -0.66% - +0.97% +2.85% +3.91%
Change -3.40 -2.22 -0.64 - +0.94 +2.76 +3.79
Level Major Minor Major - Minor Minor 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
Standard92.0892.8994.3895.1996.6897.4998.98
Camarilla95.2495.4595.6695.8796.0896.2996.50
Woodie92.4293.0694.7295.3697.0297.6699.32
Fibonacci92.8993.7794.3195.1996.0796.6197.49


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard82.1087.8490.7596.4999.40105.14108.05
Camarilla91.2992.0892.8893.6794.4695.2696.05
Woodie80.7087.1389.3595.7898.00104.43106.65
Fibonacci87.8491.1493.1896.4999.79101.83105.14


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard71.6477.7788.1794.30104.71110.84121.25
Camarilla94.0395.5597.0698.58100.10101.61103.13
Woodie73.7778.8490.3195.37106.85111.91123.39
Fibonacci77.7784.0887.9994.30100.62104.52110.84

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): 49.71
MACD (12,26,9): -0.5000
Directional Movement: 0.09
AROON (14): 85.72
DEMA (21): 95.73
Parabolic SAR (0,02-0,02-0,2): 93.98
Elder Ray (13): 0.45
Super Trend (3,10): 97.84
Zig ZAG (10): 96.83
VORTEX (21): 0.8800
Stochastique (14,3,5): 86.96
TEMA (21): 95.82
Williams %R (14): -12.33
Chande Momentum Oscillator (20): 3.17
Repulse (5,40,3): 0.4400
ROCnROLL: -1
TRIX (15,9): -0.1300
Courbe Coppock: 0.52
MA7: 98.46
MA20: 99.41
MA50: 94.15
MA100: 90.23
MAexp7: 96.39
MAexp20: 96.55
MAexp50: 97.54
MAexp100: 98.08
Price / MA7: -1.58%
Price / MA20: -2.52%
Price / MA50: +2.92%
Price / MA100: +7.39%
Price / MAexp7: +0.53%
Price / MAexp20: +0.36%
Price / MAexp50: -0.66%
Price / MAexp100: -1.20%

Quotes : 2020-06-30 17:56:55 - 15 min delayed data - NYSE Stocks

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

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