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Apparel, Accessories & Luxury Goods Industry Stocks Technical Analysis - NKEArchive - 2/6/2026 - 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 a first positive week for the NIKE Inc. (NKE). During the week, the NKE gained 2.11 points, or 3.41%, and closed at 63.92 on Friday, February 6, 2026. Weekly volume was -13% below average.
Long-term trend: [See NKE long-term trend chart] A long-term downtrend had started on August 25, 2025 at 80.17 and reached 56.99 on December 23, 2025. NKE lost 23.18 points, or 28.91%, in 17 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 53.74 and resistance is at 66.18. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a long-term trend.
Medium-term trend: [See NKE medium-term trend chart] A medium-term uptrend had started on December 23, 2025 at 56.99 and reached 67.13 on January 14, 2026. NKE gained -10.14 points, or -17.79%, in 3 weeks. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The trend support level is at 59.68 and resistance is at 66.58. 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 Right-Angled, Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See NKE weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since October 3, 2025. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.
Short-term trend: [See NKE short-term trend chart] A short-term downtrend had started on January 14, 2026 at 67.13 and reached 60.43 on February 3, 2026. NKE lost 6.70 points, or 9.98%, in 20 days. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 59.65 and resistance is at 65.27. 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 short-term trend.
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 rallied above the oversold signal line (%D). Such crossover is considered a bullish 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 below its signal line since January 26, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak. 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. During the last week, the price has moved above 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. Price is close to the 50 Day Moving Average. 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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