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Stock Trend Analysis Report

Prepared for you on Wednesday, October 5, 2022.

Nike, Inc. (NYSE:NKE)

Bear Market Rally (-75) - NKE is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NKE as it may be in the beginning of a reversal.

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
87.49 91.70 87.15 91.51 +2.87
Entry Signal

MarketClub’s Trade Triangles for NKE

long term down The long-term trend has been DOWN since Jan 20th, 2022 at 144.37

intermediate term down The intermediate-term trend has been DOWN since Aug 26th, 2022 at 108.82

short term up The short-term trend has been UP since Oct 5th, 2022 at 89.07

Smart Scan Analysis for NKE

Based on our trend formula, NKE is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for NKE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
87.49 91.70 87.15 91.51 +2.87
Prev. Close Volume Bid Ask Time
88.64 8947600 2022-10-05 15:25:48
Year High86.04Year High Date2018-09-21
Year Low62.09Year Low Date2018-02-06
52wk High179.152wk High Date2021-11-05
52wk Low82.2252wk Low Date2022-10-03
Year End Close51.6Average Volume10,888,266
Shares Outstanding1,568,556Short Interest5,946,421
% Institutional71.3Market Cap135,927M
Assets403,210,000MLiabilities250,400,000M
P/E Ratio23.6373Beta0.78
Volatility26.38
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