NIKE INC -CL B (NKE) Technical Analysis
NYSE:NKE • US6541061031
Current stock price
53.49 USD
+0.78 (+1.48%)
At close:
53.84 USD
+0.35 (+0.65%)
After Hours:
NKE Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to NKE. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, NKE is a bad performer in the overall market: 80% of all stocks are doing better.
- NKE is part of the Textiles, Apparel & Luxury Goods industry. There are 45 other stocks in this industry, of which 68% are performing better than NKE.
- NKE is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so NKE is lagging the market.
- In the last month NKE has a been trading in the 52.17 - 65.06 range, which is quite wide. It is currently trading near the lows of this range.
- NKE has an average volume of 15177300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NKE Weekly and Daily overview Charts
NKE Setup Rating and Analysis
NKE has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
NKE Support and Resistance Analysis
52.96
79.68
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 53.50 to 53.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 62.90 to 63.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @66.03 from a horizontal line in the daily time frame.
- Resistance @68.83 from a trend line in the weekly time frame.
- Resistance @78.89 from a horizontal line in the weekly time frame.
NKE Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for NKE is down. |
| ChartMill Relative Strength | 20.73 | NEGATIVE | NKE has a low relative strength, it was outperformed by 79.27% 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) | 32.26 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 9.88 | OVERSOLD | The low Stochastics value suggests NKE may be oversold. |
| Average True Range in percent/ATR (20) | 2.93 | MEDIUM VOLATILITY | The ATR as a percentage value for NKE suggests some volalility. |
| Average Directional Index/ADX (14) | 31.18 | POSITIVE | The high ADX value value for NKE suggests a strong trend. |
NKE Chart- and CandleStick Pattern Analysis
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)
NKE Technicals: Chart, Performance Metrics, Trend & Indicators
53.49
+0.78 (+1.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg1.48%
1 Week-2.96%
2 Weeks-4.62%
1 Month-16.54%
3 Month-12.21%
6 Month-22.82%
12 Month-15.48%
2 Year-43.08%
3 Year-56.38%
5 Year-59.75%
10 Year-12.98%
15 Year182.64%
Volatility
ATR(14)1.43
ATR(20)%2.93%
ATR Inc3.7%
Range Today1.81
ADR(20)1.33
ADR(20)%2.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.73
3 months CRS26.08
6 months CRS21.24
Mansfield-1.95
10 Day High57.6
10 Day Low52.18
20 Day High65.06
20 Day Low52.18
52 Week High80.17
52 Week Low52.18
CS1 EndN/A
CR1 Start53.5
Volume & EV
DER(3)-1.11%
DER(5)-1.1%
Volume12.07M
Volume Incr-5.64%
Vol(5)15.21M
Vol(50)15.18M
NIKE INC -CL B / NKE TA FAQ
What is the technical rating for NKE stock?
ChartMill assigns a technical rating of 0 / 10 to NKE.
Can you provide the trend direction for NIKE INC -CL B?
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 32.2619. This indicates that the stock is currently neutral.
What is the MACD signal for NIKE INC -CL B (NKE) stock?
The MACD indicator for NIKE INC -CL B (NKE) has a value of -0.207101, indicating a bearish trend.
What is the buy/sell signal for NIKE INC -CL B (NKE) stock?
The buy/sell signal for NIKE INC -CL B (NKE) is sell as both the short term and long term trends are negative.