|
|
|
|
Apparel, Accessories & Luxury Goods Industry Stocks Technical Analysis - NKEArchive
- 4/4/2025 -
Sign In to see current Signals. |
NIKE Inc. (NKE) Technical Analysis
|
 |
| 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 -6.04 points, or -9.54%, and closed at 57.25 on Friday, April 4, 2025. Weekly volume was 187% above average.
NKE is a member of Consumer Discretionary Sector. Consumer Discretionary is the second most oversold 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 February 2, 2023 at 131.31 and reached 52.50 on April 4, 2025. NKE lost 78.81 points, or 60.02%, in 113 weeks. The price is now at the 6.03% 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 52.50 on April 4, 2025. NKE lost 29.94 points, or 36.32%, in 5 weeks. The chart has formed a Falling Channel chart pattern. The downtrend support line (59.11) is broken, while daily and weekly technical indicators are oversold. Downtrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
 Weekly Technical Indicators: [See NKE weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly 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 below its signal line since March 21, 2025. This is an indication that the medium-term trend is down. 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 April 2, 2025 at 65.40 and reached 52.50 on April 4, 2025. NKE lost 12.90 points, or 19.72%, in 2 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Daily Technical Indicators: [See NKE daily technical indicators chart]
Daily Relative Strength Index and Lane's Stochastic are oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Relative Strength Index and Lane's Stochastic or strongly oversold daily Williams' Percentage Range. 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. Daily Lane's Stochastic has bullish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following links to access Lane's Stochastic and Relative Strength Index help.
The daily MACD line is below its signal line since March 5, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term downtrend is strong.
The distance between the Bollinger Bands is 168.47% higher then one year average. It indicates the period of high volatility of the stock price. 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.
| |
|
|
|
|
| Daily Oscillators |
|
|
| Weekly Oscillators |
|
|
| Trading
Signals |
|
|
|
| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Consumer Discretionary |
2 |
| Industry |
Apparel, Accessories & Luxury Goods |
15 |
|
| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
65.40 |
| High Date |
04/02/2025 |
| Low |
52.50 |
| Low Date |
04/04/2025 |
|
| Weekly Trend |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Falling Channel |
| Status |
Broken Support |
| Resistance |
62.98 |
| Support |
59.11 |
| High |
82.44 |
| High Date |
02/26/2025 |
| Low |
52.50 |
| Low Date |
04/04/2025 |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
|
| Resistance |
|
| Support |
|
| High |
90.62 |
| High Date |
09/26/2024 |
| Low |
52.50 |
| Low Date |
04/04/2025 |
|
| Quarterly Trend |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
|
| Resistance |
|
| Support |
|
| High |
131.31 |
| High Date |
02/02/2023 |
| Low |
52.50 |
| Low Date |
04/04/2025 |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
|
| Resistance |
|
| Support |
|
| High |
179.10 |
| High Date |
11/05/2021 |
| Low |
52.50 |
| Low Date |
04/04/2025 |
|
|