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Stock Trend Analysis Report

Prepared for you on Friday, July 26, 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
72.000 72.780 71.870 72.565 +1.155
Entry Signal

MarketClub’s Trade Triangles for NKE

long term down The long-term trend has been DOWN since Feb 2nd, 2024 at 99.6700

intermediate term down The intermediate-term trend has been DOWN since Jun 28th, 2024 at 92.0100

short term down The short-term trend has been DOWN since Jul 24th, 2024 at 71.8516

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
72.000 72.780 71.870 72.565 +1.155
Prev. Close Volume Bid Ask Time
71.410 7845895 2024-07-26 15:59:56
Year High86.04Year High Date2018-09-21
Year Low62.09Year Low Date2018-02-06
52wk High123.391652wk High Date2023-12-20
52wk Low70.9152wk Low Date2024-07-25
Year End Close51.6Average Volume25,403,112
Shares Outstanding1,509,359Short Interest5,946,421
% Institutional71.3Market Cap135,927M
Assets373,560,000MLiabilities231,300,000M
P/E Ratio21.0029Beta0.78
Volatility26.38
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