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Apparel, Accessories & Luxury Goods Industry Stocks Technical Analysis - NKE

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- 7/31/2026 -
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NIKE Inc. (NKE) Technical Analysis

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Summary:
Weekly :Overbought sectorWilliams' Percentage Range is oversold
Daily :The price has risen above the Parabolic SAR
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It was a first positive week for the NIKE Inc. (NKE). During the week, the NKE climbed 0.01 points, or 0.02%, and closed at 41.71 on Friday, July 31, 2026. NKE was trading at average weekly trading volume.

NKE is a member of Consumer Discretionary Sector. Consumer Discretionary is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See NKE long-term trend chart]
A long-term downtrend had started on August 25, 2025 at 80.17 and reached 40.00 on June 26, 2026. NKE lost 40.17 points, or 50.11%, in 43 weeks. Price is near the trend low.

Medium-term trend: [See NKE medium-term trend chart]
A medium-term downtrend had started on July 2, 2026 at 45.04 and reached 40.69 on July 23, 2026. NKE lost 4.35 points, or 9.66%, in 3 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 35.41 and resistance is at 43.36. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See NKE weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. 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 Williams' Percentage Range help.

The weekly MACD line is above its signal line since June 12, 2026. The distance between MACD and the signal line is low, but getting bigger. 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 July 23, 2026 at 40.69 and reached 43.69 on July 29, 2026. NKE gained -3.00 points, or -7.37%, in 6 days. The price is now at the 66.00% retracement level.

Daily Technical Indicators: [See NKE daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since July 29, 2026. The distance between MACD and the signal line is low and getting smaller.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 39.86
Williams' Percentage Range (W%R) 69.00
Lane's Stochastic (%D-Slow) 46.54
Greed/Fear Indicator (GFI) 39.13
Moving Average Converg./Diverg. (MACD) -0.29
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 43.63
Williams' Percentage Range (W%R) 88.50
Oversold
Lane's Stochastic (%D-Slow) 35.83
Greed/Fear Indicator (GFI) 31.93
Moving Average Converg./Diverg. (MACD) -5.05
Trading Signals
Description Value Chart
Upper Bollinger Band 44.48
50 Day Moving Average 43.54
Weekly Trendline Resistance 43.36
20 Day Moving Average 42.90
Weekly Stochastic Crossing 42.40
Daily Stochastic Crossing 42.18
Price 41.71
Parabolic System 41.00
Lower Bollinger Band 41.00
Weekly Trendline Support 35.41
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 8
Industry Apparel, Accessories & Luxury Goods 44
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 40.69
Low Date 07/23/2026
High 43.69
High Date 07/29/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 43.36
Support 35.41
High 45.04
High Date 07/02/2026
Low 40.69
Low Date 07/23/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 68.49
High Date 02/20/2026
Low 40.00
Low Date 06/26/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 80.17
High Date 08/25/2025
Low 40.00
Low Date 06/26/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 179.10
High Date 11/05/2021
Low 40.00
Low Date 06/26/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.