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Apparel, Accessories & Luxury Goods Industry Stocks Technical Analysis - NKEArchive - 5/23/2025 - Sign In to see current Signals. |
NIKE Inc. (NKE) Technical Analysis
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| Summary:
| | Weekly : | | Daily :    Move cursor over the icon to see details.
| | It was the negative week for the NIKE Inc. (NKE). During the week, the NKE dropped -3.09 points, or -4.90%, and closed at 60.02 on Friday, May 23, 2025. NKE was trading at average weekly trading volume.
Long-term trend: [See NKE long-term trend chart] A long-term downtrend had started on February 2, 2023 at 131.31 and reached 52.28 on April 10, 2025. NKE lost 79.03 points, or 60.19%, in 114 weeks. The price is now at the 9.79% retracement level.
Medium-term trend: [See NKE medium-term trend chart] A medium-term downtrend had started on February 26, 2025 at 82.44 and reached 52.28 on April 10, 2025. NKE lost 30.16 points, or 36.58%, in 6 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Weekly Technical Indicators: [See NKE weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since March 21, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See NKE short-term trend chart] A short-term uptrend had started on April 10, 2025 at 52.28 and reached 63.75 on May 16, 2025. NKE gained -11.47 points, or -21.94%, in 36 days. The chart has formed a Broadening Ascending Wedge chart pattern.
Daily Technical Indicators: [See NKE daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The daily MACD line is above its signal line since April 17, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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