NYSE:NKE • US6541061031
We assign a technical rating of 0 out of 10 to NKE. NKE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of NKE is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
59.19
When analyzing the support we notice one important area.
When analyzing the resistance we notice 5 important areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for NKE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NKE is neutral. |
| ChartMill Relative Strength | 17.9 | NEGATIVE | NKE has a low relative strength, it was outperformed by 82.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NKE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NKE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NKE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.46 | NEUTRAL | The RSI value for NKE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests NKE has a negative trend. |
| Stochastics (14,3) | 26.03 | NEUTRAL | The Stochastics value for NKE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.68 | MEDIUM VOLATILITY | The ATR as a percentage value for NKE suggests some volalility. |
| Average Directional Index/ADX (14) | 14.76 | NEGATIVE | The low ADX value for NKE suggests a weak or negative trend. |
61.01
-1.17 (-1.88%)
ChartMill assigns a technical rating of 0 / 10 to NKE.
The current trend direction for NIKE INC -CL B (NKE) is Bearish.
NIKE INC -CL B (NKE) has an RSI value of 41.4617. This indicates that the stock is currently neutral.
The MACD indicator for NIKE INC -CL B (NKE) has a value of -0.207085, indicating a bearish trend.