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Downtrend ExhaustionArchive - 9/18/2026 - 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 the negative week for the NIKE Inc. (NKE). During the week, the NKE dropped -1.29 points, or -3.51%, and closed at 35.51 on Friday, September 18, 2026. Weekly volume was 80% above average. NKE is a member of Apparel, Accessories & Luxury Goods Industry. Apparel, Accessories & Luxury Goods is the tenth most oversold industry. 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 November 5, 2021 at 179.10 and reached 35.50 on September 18, 2026. NKE lost 143.60 points, or 80.18%, in 254 weeks. The chart has formed a Falling Wedge chart pattern. The price is near the trend support (35.18) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a long-term trend.
Medium-term trend: [See NKE medium-term trend chart] A medium-term downtrend had started on February 20, 2026 at 68.49 and reached 35.50 on September 18, 2026. NKE lost 32.99 points, or 48.17%, in 30 weeks. Price is near the trend low.
Weekly Technical Indicators: [See NKE weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range and Lane's Stochastic. 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 above its signal line since June 12, 2026. 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 July 29, 2026 at 43.69 and reached 35.50 on September 18, 2026. NKE lost 8.19 points, or 18.75%, in 51 days. Price is near the trend low.
Daily Technical Indicators: [See NKE daily technical indicators chart] Daily Williams' Percentage Range is oversold while Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Williams' Percentage Range or strongly oversold daily Lane's Stochastic. Daily MACD has bullish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. The daily MACD line is below its signal line since July 29, 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.
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