NIKE INC -CL B (NKE) Stock Technical Analysis
USA - NYSE:NKE - US6541061031 - Common Stock
69.11 USD
-0.57 (-0.82%)
69.1278 USD
+0.02 (+0.03%)
Taking everything into account, NKE scores 0 out of 10 in our technical rating. NKE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, NKE is a bad performer in the overall market: 82% of all stocks are doing better.
NKE has an average volume of 13821400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NKE is an average performer in the Textiles, Apparel & Luxury Goods industry, it outperforms 42% of 48 stocks in the same industry.
NKE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NKE is lagging the market.
In the last month NKE has a been trading in the 64.88 - 76.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
NKE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 66.15, a Stop Loss order could be placed below this zone.
More info and screens
64.57
80.03
We found 1 important support area.
- A support zone ranging from 65.22 to 66.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 71.84 to 72.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @73.96 from a trend line in the weekly time frame.
- Resistance @76.26 from a trend line in the weekly time frame.
- A resistance zone ranging from 78.38 to 79.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 18.07 | NEGATIVE | NKE has a low relative strength, it was outperformed by 81.93% 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) | 47.38 | NEUTRAL | The RSI value for NKE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests NKE has a positive trend. |
| Stochastics (14,3) | 56.49 | NEUTRAL | The Stochastics value for NKE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.9 | MEDIUM VOLATILITY | The ATR as a percentage value for NKE suggests some volalility. |
| Average Directional Index/ADX (14) | 18.83 | NEGATIVE | The low ADX value for NKE suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
69.11
-0.57 (-0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-0.82%
1 Week2.58%
2 Weeks5.96%
1 Month-0.29%
3 Month-9.39%
6 Month19.94%
12 Month-12.35%
2 Year-32.75%
3 Year-25.43%
5 Year-42.45%
10 Year5.49%
15 Year239.44%
Volatility
ATR(14)1.8
ATR(20)%2.9%
ATR Inc-40.38%
Range Today1.17
ADR(20)1.87
ADR(20)%2.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.07
3 months CRS17.2
6 months CRS66.03
Mansfield-1.25
10 Day High70.08
10 Day Low65.55
20 Day High76.97
20 Day Low64.88
52 Week High82.44
52 Week Low52.28
CS1 End66.15
CR1 Start71.84
Volume & EV
DER(3)0.25%
DER(5)0.29%
Volume7.10M
Volume Incr-51.67%
Vol(5)8.73M
Vol(50)13.82M
NIKE INC -CL B / NKE FAQ
What is the technical rating for NKE stock?
ChartMill assigns a technical rating of 0 / 10 to NKE.
What is the trend direction for NKE stock?
The current trend direction for NIKE INC -CL B (NKE) is Bearish.
What is the RSI signal for NIKE INC -CL B (NKE) stock?
NIKE INC -CL B (NKE) has an RSI value of 47.3844. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NIKE INC -CL B?
The MACD indicator for NIKE INC -CL B (NKE) has a value of 0.312092, indicating a bearish trend.