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Downtrend ExhaustionArchive
- 4/25/2025 -
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NIKE Inc. (NKE) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a second positive week after 5 consecutive negative weeks for the NIKE Inc. (NKE). During the week, the NKE gained 1.86 points, or 3.34%, and closed at 57.62 on Friday, April 25, 2025. It was the best weekly gain since February 28, 2025. Weekly volume was 26% 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 52.28 on April 10, 2025. NKE lost 79.03 points, or 60.19%, in 114 weeks. The price is now at the 6.76% 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. The price is now at the 17.71% retracement level.
 Weekly Technical Indicators: [See NKE weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range and Lane's Stochastic. During the last week, weekly 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 links to access Lane's Stochastic and 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. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. 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 59.20 on April 23, 2025. NKE gained -6.92 points, or -13.24%, in 13 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Daily Technical Indicators: [See NKE daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
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.
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