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 01/23/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

22%

56%

22%

My opinion

Bearish under 102.46 USD

My targets

96.95 USD (-4.64%)

89.12 USD (-12.34%)

My analysis

In the short term, we can see an acceleration in the bearish trend on NIKE INC., which is a positive signal for sellers. As long as the price remains above 102.46 USD, a sale could be considered. The first bearish objective is located at 96.95 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 89.12 USD as an objective. Crossing it would then enable sellers to target 81.98 USD. If the price were to return above 102.46 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

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

Force

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.

This analysis was given by Clay707. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The NIKE INC. rating is 101.67 USD. On the day, this instrument gained +1.10% and was traded between 101.23 USD and 102.14 USD over the period. The price is currently at +0.43% from its lowest and -0.46% from its highest.

101.23

102.14

101.67

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

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

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this NIKE INC. chart shows a bearish trend. 71.43% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal support

Type : Bullish

Timeframe : Daily

Near support of channel

Type : Bullish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	89.12	96.95	100.71	101.67	112.85	122.70	128.26
Change (%)	-12.34%	-4.64%	-0.94%	-	+11.00%	+20.68%	+26.15%
Change	-12.55	-4.72	-0.96	-	+11.18	+21.03	+26.59
Level	Major	Minor	Major	-	Intermediate	Major	Major

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	98.11	99.10	99.83	100.82	101.55	102.54	103.27
Camarilla	100.09	100.25	100.40	100.56	100.72	100.88	101.03
Woodie	97.98	99.04	99.70	100.76	101.42	102.48	103.14
Fibonacci	99.10	99.76	100.16	100.82	101.48	101.88	102.54

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	95.01	97.34	99.56	101.89	104.11	106.44	108.66
Camarilla	100.53	100.95	101.36	101.78	102.20	102.61	103.03
Woodie	94.96	97.31	99.51	101.86	104.06	106.41	108.61
Fibonacci	97.34	99.08	100.15	101.89	103.63	104.70	106.44

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	85.88	96.34	102.46	112.92	119.04	129.50	135.62
Camarilla	104.01	105.53	107.05	108.57	110.09	111.61	113.13
Woodie	83.70	95.26	100.28	111.84	116.86	128.42	133.44
Fibonacci	96.34	102.68	106.59	112.92	119.26	123.17	129.50

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):	37.88
MACD (12,26,9):	-2.8100
Directional Movement:	-14.23
AROON (14):	-85.71
DEMA (21):	101.44
Parabolic SAR (0,02-0,02-0,2):	102.50
Elder Ray (13):	-1.59
Super Trend (3,10):	107.38
Zig ZAG (10):	101.47
VORTEX (21):	0.7900
Stochastique (14,3,5):	18.27
TEMA (21):	99.06
Williams %R (14):	-76.44
Chande Momentum Oscillator (20):	-0.79
Repulse (5,40,3):	-0.7200
ROCnROLL:	2
TRIX (15,9):	-0.3500
Courbe Coppock:	10.99

MA7:	101.79
MA20:	104.20
MA50:	109.39
MA100:	103.97
MAexp7:	101.91
MAexp20:	104.88
MAexp50:	106.89
MAexp100:	106.83
Price / MA7:	-0.12%
Price / MA20:	-2.43%
Price / MA50:	-7.06%
Price / MA100:	-2.21%
Price / MAexp7:	-0.24%
Price / MAexp20:	-3.06%
Price / MAexp50:	-4.88%
Price / MAexp100:	-4.83%

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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