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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Nike, Inc. (NYSE:NKE)

Long-Term Downtrend (-90) - NKE is in a strong downtrend that is likely to continue. While NKE is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid NKE?

MarketClub looks at technical strength and momentum to determine if the timing is right for NKE.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_NKE
Open High Low NKE Price Change
94.3700 94.8142 93.4300 93.9900 -0.1400
Entry Signal

MarketClub’s Trade Triangles for NKE

long term down The long-term trend has been DOWN since Feb 2nd, 2024 at 99.67

intermediate term down The intermediate-term trend has been DOWN since Mar 4th, 2024 at 101.65

short term down The short-term trend has been DOWN since Mar 22nd, 2024 at 98.44

Smart Scan Analysis for NKE

Based on our trend formula, NKE is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NKE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
94.3700 94.8142 93.4300 93.9900 -0.1400
Prev. Close Volume Bid Ask Time
94.1300 9073079 2024-03-28 15:59:58
Year High86.04Year High Date2018-09-21
Year Low62.09Year Low Date2018-02-06
52wk High128.6852wk High Date2023-05-01
52wk Low88.6652wk Low Date2023-09-28
Year End Close51.6Average Volume11,394,240
Shares Outstanding1,521,910Short Interest5,946,421
% Institutional71.3Market Cap135,927M
Assets372,030,000MLiabilities230,570,000M
P/E Ratio27.5234Beta0.78
Volatility26.38
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