NYSE:NKE - New York Stock Exchange, Inc. - US6541061031 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to NKE. NKE has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Although NKE has an excellent technical rating, it does not offer a high 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.
59.38
When analyzing the support we can see 3 important areas.
We can see 3 important resistance 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 | UP | POSITIVE | The long term trend for NKE is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NKE is up. |
ChartMill Relative Strength | 77.23 | POSITIVE | NKE has a high relative strength, it outperformed 77.23% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NKE is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NKE is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NKE is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 65.83 | NEUTRAL | The RSI value for NKE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests NKE has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 78.78 | NEUTRAL | The Stochastics value for NKE is a neutral value. |
Average True Range in percent/ATR (20) | 3.17 | MEDIUM VOLATILITY | The ATR as a percentage value for NKE suggests some volalility. |
Average Directional Index/ADX (14) | 38.63 | POSITIVE | The high ADX value value for NKE suggests a strong trend. |
76.27
+0.85 (+1.13%)