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Nike

Nike's Technical rating "Indicator" since day one is flashing!The only other time we have had such a low readings we had (-76%) drawdown, we are setting on (-60%) this week therefore the risk down is another 16% correction. I have copied the following from Tradingview website to give u an insight on this indicator ! " Definition Technical Ratings is a technical analysis tool that combines the ratings of several technical indicators to make it easier for traders and investors to find profitable trades. Calculations These are the criteria used to determine the rating of the individual indicators used. Note that changes from the last bar are used to determine falling or rising states: All Moving Averages Buy — MA value < price Sell — MA value > price Neutral — MA value = price Ichimoku Cloud Buy — lead line 1 > lead line 2 and base line > lead line 1 and conversion line > base line and price > conversion line Sell — lead line 1 < lead line 2 and base line < lead line 1 and conversion line < base line and price < conversion line Neutral — neither Buy nor Sell Relative Strength Index Buy — indicator < 30 and rising Sell — indicator > 70 and falling Neutral — neither Buy nor Sell Stochastic Buy — main and signal lines < 20 and main line > signal line Sell — main and signal lines > 80 and main line < signal line Neutral — neither Buy nor Sell Commodity Channel Index Buy — indicator < -100 and rising Sell — indicator > 100 and falling Neutral — neither Buy nor Sell Average Directional Index Buy — +DI line > -DI line and indicator > 20 and rising Sell — +DI line < -DI line and indicator > 20 and rising Neutral — neither Buy nor Sell Awesome Oscillator Buy — saucer and values are greater than 0, or cross over the zero line Sell — saucer and values are lower than 0, or cross under the zero line Neutral — neither Buy nor Sell Momentum Buy — indicator values are rising Sell — indicator values are falling Neutral — neither Buy nor Sell MACD Buy — main line values > signal line values Sell — main line values < signal line values Neutral — neither Buy nor Sell Stochastic RSI Buy — downtrend and K and D lines < 20 and K line > D line Sell — uptrend and K and D lines > 80 and K line < D line Neutral — neither Buy nor Sell Williams Percent Range Buy — indicator < lower band and rising Sell — indicator > upper band and falling Neutral — neither Buy nor Sell Bulls and Bears Power Buy — uptrend and BearPower < zero and BearPower is rising Sell — downtrend and BullPower > zero and BullPower is falling Neutral — neither Buy nor Sell Ultimate Oscillator Buy — UO > 70 Sell — UO < 30 Neutral — neither Buy nor Sell The numerical value of the Sell rating is -1, Neutral is 0 and Buy is 1. The group and overall ratings are calculated as the average of the ratings of the individual indicators. Recommendations for the group or overall ratings are based on this numerical rating value and determined according to the following criteria: — Strong Sell — Sell — Neutral — Buy — Strong Buy The basics The recommendations given by the indicator are based on the ratings calculated for the various indicators included in it. The overall rating of the indicator includes two large groups of indicators. The first consists of SMAs and EMAs with different lengths (MA lengths are 10, 20, 30, 50, 100 and 200), the Ichimoku Cloud (9, 26, 52), VWMA (20) and HullMA (9). The second one is calculated on the following oscillators: RSI (14), Stochastic (14, 3, 3), CCI (20), ADX (14, 14), AO, Momentum (10), MACD (12, 26, 9), Stochastic RSI (3, 3, 14, 14), Williams %R (14), Bulls and Bears Power and UO (7,14,28). Each group's rating is calculated separately, so you can select the group in the indicator settings and its respective rating calculation will be displayed on the chart. What to look for The Technical Ratings tool is designed to have values that fluctuate above and below a zero line. Its values are plotted as a histogram of red, blue and gray bars, and depend on your selection in the Rating is based on field of the script's inputs, where you can choose to view the value of the MAs rating, the oscillators rating, or the average of both. Columns are gray when the value of the indicator is between 0.1 and -0.1. Progressively more saturated blue columns indicate rising values above 0.1, and more saturated red columns indicate progressively falling values below -0.1. The label at the end of the histogram displays the state of the MAs, oscillators, and the overall rating. Its color is determined by the value of the rating selected in the Rating is based on field: gray for neutral, blue for Buy or Strong Buy, red for Sell or Strong Sell. Summary Technical Ratings can be a valuable technical analysis tool for many analysts or traders. Many traders use a selection of complementary indicators to make better decisions. Technical Ratings simplifies this task by combining the most popular indicators and their signals. Note: TradingView does not recommend that anyone buy or sell any financial instrument based solely on the recommendations of the Technical Ratings indicator. Recommendations merely indicate the fulfillment of certain conditions of a set of individual indicators that may help the user to spot potentially favorable conditions for a transaction, if this is consistent with his/her strategy. " end of copy !
NYSE:NKE
by samitrading
Nike Price Earnings Ratio is similar to 2017 or not ? Quoting P/E Ratio meaning: Investopedia " What Is the Price-to-Earnings (P/E) Ratio? The price-to-earnings (P/E) ratio measures a company's share price relative to its earnings per share (EPS). Often called the price or earnings multiple, the P/E ratio helps assess the relative value of a company's stock. It's handy for comparing a company's valuation against its historical performance, against other firms within its industry, or the overall market." end of quote
NYSE:NKE
by samitrading
Best long setup for FY 2025 & 2026 with 100% return!- Looking at the higher timeframe @ Monthly - It seems like NYSE:NKE is under corrective wave (4) and looking for the bottom. - It appears that Nike has already bottomed around 70s if not this might bottom around $63 which aligns with 200 SMA on a monthly timeframe. - This is one of the safest long setup I have screened so far which can return 100% by end of FY 2025 or mid 2026 from the lows. - I have put NYSE:NKE on the watchlist and slowly building position. - NYSE:NKE is one of those gems in the market where most stocks are overvalued and overbought. This stock has brand value and is under pressure because of macroeconomy. Macro will improve by 2026 and stock will bottom before anyone expects as it is always forward looking.
NYSE:NKELong
by bigbull037
$NKE NIKE | NIKE RANGE BREAKOUT TRADE SETUPS - Dec06'24NYSE:NKE NIKE | NIKE RANGE BREAKOUT TRADE SETUPS - Dec06'24 NYSE:NKE Trends: NYSE:NKE Weekly: Bearish NYSE:NKE Daily: Bearish NYSE:NKE 4H: Bearish NYSE:NKE 1H: Bullish BUY/LONG ZONE (GREEN): $79.25 - $88.00 DO NOT TRADE/DNT ZONE (WHITE): $77.25 - $79.25 SELL/SHORT ZONE (RED): $71.00 - $77.25 NYSE:NKE had a bearish gap down caused by earnings on Oct01. Continuation after the slight pullback to 84.50, price breaks below 81.25 and 80.75, two minor levels I was monitoring. Price breaks this zone, retests, then continues back downwards to 73.25. Price touches 73.25 then begins a slight bullish rally up to 77.25 - 78.00 zone. Current sideways range, bulls look for break above 79.25, bears look for break below 77.25. NYSE:NKE next earnings report is mid/late Dec. This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas. ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE! trendanalysis, trendtrading, priceaction, priceactiontrading, technical indicators, support and resistance, nke, nike, NYSE:NKE , niketrade, niketrend, nketrade, nketrend, nikesideways, nikerange, nkerange, chartpattern, rangetrading, rangebound, nikeprice, nikeanalysis
NYSE:NKE
by TonyAiello
NIKE: One of the largest brands on this planet! BUY NOWNIKE: One of the largest brands on this planet! BUY NOW! 50% Upside Ahead If you believe Nike is a dying company or will lose to HOKA, ON, and whoever else as the years roll on you clearly haven't studied Nike hard enough and seen the continued destruction of EVERY SINGLE brand to try and fight them...Adidas, Under Armor, Puma, New Balance, Asics, Brooks, etc. etc. etc. The LIST WILL INDEED continue. This name is not a H5 Setup...YET. But, I'm adding it to my watchlist as we have a beautiful Inverse H&S, Sitting on a Volume Shelf, Wr% divergence, and a Hammer Candle which typically means a reversal of a downtrend. All on the weekly chart! I believe that Value and Dividend names will be the hot ticket stocks in 2025 due to how beaten down they all are and so much treasury and high-interest savings money flowing into the markets, choosing this category of stocks to be on the safer side as that is the type. Once we get the BULLISH Green BUY signal on the H5 Indicator, it's all over, and you will not see Nike at these levels, most likely EVER AGAIN! You all realize Nike has a large MOAT and is one of the most prolific brands on the planet, right?! Ok, good, I thought you forgot! Will update once we get the flip to a BUY! Will begin adding in my LT portfolio now due to the value on this company at these levels right now though. NFA
NYSE:NKELong
by RonnieV29
27
Nik by Dl InvestHello community, A little daily analysis in log scale, because I use the "Adaptive Trend Finder" and "Price Action Ultimate" indicator. The channel is bearish. I drew a Fibonacci retracement in log, to see if there is a golden zone. If the theory works, we have a target around $90.62. Nothing says that the title will rebound, change of CEO, so we can hope for change in a while. Make your opinion, before placing an order. ► Thank you for boosting, commenting, subscribing!
NYSE:NKELong
by DL_INVEST
NKE (NIKE, Inc.) BUY TF D1 TP = 94.49On the D1 chart the trend started on Aug. 1 (linear regression channel). There is a high probability of profit taking. Possible take profit level is 94.49 This level, which I have outlined above, is certainly not a “finish” level. But it is the level that has the “highest percentage of hits on target.” Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested in it. Thank you! Good luck! Regards, WeBelievelnTrading
NYSE:NKELong
by WeBelieveInTrading
Technical Analysis of Nike (NKE)Looking at Nike ’s stock on a monthly timeframe, we can clearly observe that it has been in a downtrend since November 2021, following the formation of a Double Top pattern, confirmed by the development of a Shooting Star candlestick. The downward movement has currently paused at a support level (SUP) in the $70 area, where the stock has shown a reaction. At the moment, the stock is trading near a crucial volume level, the Point of Control (POC). Above this level, up to $110, there are significant volumes that could make upward movement more challenging. Bullish Scenario For a bullish scenario, the stock needs to break above the current POC level and the descending trendline. The first target could be the resistance (RES 1) around $110. If it successfully breaks through this resistance with strength, the second target could be the $130 area (RES 2), which has acted as both support and resistance in the past. Bearish Scenario However, if the stock lacks the momentum to break through the POC and the entire high-volume area up to RES 1, the downtrend could continue, with the next support (SUP1) located around the $50 area. This analysis outlines both bullish and bearish scenarios for Nike's stock, offering a clear view of the key price levels to watch.
NYSE:NKE
by Giovanni_Bandini
$NKE NIKE | NIKE CEO RETIRES & PRICE RALLIES 9% - Sep 21st, 2024NYSE:NKE NIKE | NIKE CEO RETIRES & PRICE RALLIES 9% - Sep 21st, 2024 BUY/LONG ZONE (GREEN): $ DO NOT TRADE/DNT ZONE (WHITE): $ SELL/SHORT ZONE (RED): $ Weekly: Bearish Daily: Bullish 4H: Bullish NYSE:NKE price is now approaching the 88.00 - 89.00 level that was a previous support level (week of Apr01'24). Bearish momentum from Jun27'24 earnings broke this level. We are now revisiting it from a bullish rally that was spawned by the CEO retiring and a new one being appointed. The support, the break, and the retest are three visits to this level, which is why I'm now viewing it as a potential entry for trades. Keep an eye out for the Oct01 earnings call. This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas. ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE! trendanalysis, trendtrading, priceaction, priceactiontrading, technicalindicators, supportandresistance, rangebreakout, rangebreakdown, rangetrading, chartpatterntrading, chartpatterns, spy, nike, nikestock, nke, nkestock, NYSE:NKE , nikeceo, nikeceoretires, nikeearnings, niketrend, nikelong, nikeshort, niketrade, nkeceo, newnikeceo, oldnikeceo, nikestockprice, niketradeidea, nikeearningsrelease, nikeearningstrade,
NYSE:NKE
by TonyAiello
1
Nike (NKE): Analysis and Expectations Ahead of EarningsWe have analyzed this stock in the past privately, but we never published it, and it's a shame because we anticipated lower prices but have no proof of it. Still, we are looking for lower prices on NYSE:NKE , as we are about to finish Wave 4, most likely between $93 and $106. NYSE:NKE will publish its earnings this week on Tuesday after market close. Heading into those results, the bar was low, as inflation keeps shoppers cautious. Some analysts have said that even if those results come in better than expected, Wall Street's reservations could be hard to shake. However, others believe that with a new CEO on the way, investors might cut the company some slack. So, the market might be ready for a push, but this sector is under much pressure as shoppers are finding it harder to spend money compared to previous years. It will be very interesting to follow NYSE:NKE and see if our outlook is correct or not. As shown in the chart, this scenario will be invalidated if the price breaks through $115.82. We foresee a good entry opportunity between $60 and $50, where the most traded volume of the last 9 years has been. We will update this stock when we know more. ✅
NYSE:NKELong
by freeguy_by_wmc
1
The Price of Nike (NKE) Shares Surged by More Than 6%The Price of Nike (NKE) Shares Surged by More Than 6% Investors in Nike (NKE) can hardly call 2024 a successful year: → while the S&P 500 index (US SPX 500 mini on FXOpen) has risen by over 20% since the beginning of the year and is hovering near historic highs, → the price of NKE shares has dropped by about 20% in 2024 and is now more than twice as low as its all-time high reached in 2021. Nike’s shares have been in a downward trend for several months, driven by increasing competition, as confirmed by the latest quarterly report, which showed that sales remained flat, and the company forecasts a potential 10% decline in quarterly sales. As CNN reports, many investors had been calling for changes at Nike. Thus, they welcomed the news of a leadership change – it was announced last week that the current CEO, John Donahoe, will retire next month and will be replaced by former Nike executive Elliott Hill – which led to a rise in the company’s shares by over 6% in a single day. Technical analysis of Nike (NKE) shares today suggests that the bullish momentum may fade due to a cluster of potential resistance lines, including: → the psychological level of $90, which previously acted as support (as indicated by the arrows); → the median line of the red channel, constructed using the linear regression method; → the upper boundary of the bearish gap formed on 28 June. On the other hand, the bulls have their argument: the $77.00 level provided support during the test on 11 September. The significance of this level lies in the fact that it originates from the 28 June candlestick, when, according to NASDAQ data, an abnormally high volume of 130 million shares was traded. It’s possible that professional traders were the buyers, believing the share price of the well-known brand had become attractive. According to TipRanks, Wall Street analysts believe Nike will “Just Do it” and put an end to the months-long bearish trend. Of the 33 analysts surveyed, 15 recommend buying NKE shares, and none advise selling. The average price target for NKE shares is $92 (+7% from the current price) over the next 12 months. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NYSE:NKE
by FXOpen
2
Elliott Hill Appointed as New CEO of Nike: Stock up 8% Nike Inc., (NYSE: NYSE:NKE ) the global sports apparel giant, has made a pivotal decision in naming Elliott Hill as its new President and CEO, effective October 14, 2024. The announcement comes at a time when Nike (NYSE: NYSE:NKE ) is navigating market headwinds, including stiff competition and a necessary internal restructuring. Hill, who has been a Nike insider for over three decades, is expected to leverage his deep-rooted connection with the company to reignite its growth trajectory. A Return to Nike’s Roots: Elliott Hill’s Journey Elliott Hill’s appointment brings Nike (NYSE: NYSE:NKE ) back to its roots. Hill first joined the company in 1988 after lobbying relentlessly for a position out of Ohio University. Over the years, he worked his way up from grassroots sales roles to overseeing global retail operations. His previous position as President of Consumer & Marketplace, where he managed Nike's commercial and marketing efforts, gave him invaluable experience in driving the brand's consumer engagement and business development. After retiring in 2020, Hill’s return is seen as a strategic move to realign Nike’s leadership with someone who not only understands the brand but also embodies its core values of grit, determination, and hard work. According to Mark Parker, Nike’s Executive Chairman, Hill’s deep understanding of the sports industry and his "passion for sport, our brands, and products" make him the ideal person to steer Nike through its next phase of growth. Facing Market Challenges Head-On Hill’s appointment couldn’t come at a more crucial time. Nike (NYSE: NYSE:NKE ) has seen declining sales recently, especially in comparison to more agile competitors like On and Deckers' Hoka. To combat this, Nike initiated a comprehensive three-year plan to slash $2 billion in costs and streamline operations, a plan that will be critical in restoring profitability and market share. Despite recent struggles, Nike has demonstrated strong financial performance, reporting a 12% increase in net income for fiscal year 2024, reaching $5.70 billion. This is up from $5.07 billion in the previous fiscal year, signaling that the company’s fundamentals remain sound. Hill’s leadership will be key in converting these strengths into sustained growth by harnessing innovation and streamlining the company’s operations. ### Technical Outlook: Can Nike Break Its Falling Trend? From a technical standpoint, Nike’s stock has been in a downtrend for several months, with two notable unfilled gap-down patterns. However, in the wake of Hill’s appointment, Nike shares saw an 8% surge in premarket trading on Friday. This rally is integral to breaking the stock’s long-standing downward channel. If Nike (NYSE: NYSE:NKE ) can surpass the key resistance level of $123—its December 2023 high—it could signal a major bullish reversal for the stock. The Relative Strength Index (RSI) currently sits in neutral territory, indicating that Nike (NYSE: NYSE:NKE ) has more room to rally. Additionally, the moving averages are beginning to flatten, suggesting that the stock may be poised to reverse its downward trend if bullish momentum continues. If Nike (NYSE: NYSE:NKE ) can build on this recent uptick, it may start filling the gap-down patterns that have held the stock back, potentially leading to a stronger position in the coming months. Hill’s Vision for the Future Elliott Hill has already expressed his excitement about taking the reins at Nike. "Nike has always been a core part of who I am, and I’m ready to help lead it to an even brighter future," he said. With his extensive experience in both the company and the sports industry, Hill’s vision is likely to focus on innovation, sustainability, and continuing to push the brand to connect with athletes and consumers alike. In addition to driving Nike’s bottom line, Hill’s leadership style is expected to foster closer ties with employees and partners, which will be crucial as the company seeks to retain its position as the world’s premier sportswear brand. His background—rooted in values of perseverance, hard work, and a deep understanding of Nike’s culture—makes him well-positioned to lead the company through its current challenges and beyond. Conclusion Nike’s decision to bring Elliott Hill back as CEO marks a return to its roots and a clear focus on driving operational efficiency and growth in a competitive market. The technical indicators suggest that the stock is approaching a potential breakout, which, combined with Hill’s leadership, could pave the way for a new chapter of success. While challenges remain, Nike’s solid fundamentals, coupled with strategic leadership, position it well for long-term growth and market recovery. Investors will be watching closely as the company embarks on this new journey under Hill’s stewardship.
NYSE:NKELong
by DEXWireNews
NIKE to "Just Do It" to 2023 Highs? Multi Timeframe AnalysisDISCLAIMER: This is not trading advice. This is for educational and entertainment purposes only to demonstrate how I view this market. Trading involves real risk. Do your own due diligence. Based on my multi-timeframe analysis strategy, I have been looking for setups to go long Nike. Seems like daunting proposition considering Nike's overall weakness this year. That being said, my strategy has rules and my job is to respect the rules. HTF (12 Month): 2023 candle close formed a "Swing Low", which gave me the bullish bias for Nike to trade up to 2023 highs. ITF (2 Week): We see the intermediate timeframe is in a bullish price delivery mode (highs of down close candles are getting closed above). We mark of discount arrays (in this case the fair value gap and 2 week orderblock), and wait for price to trade into that point of interest. ETF (12 Hour): We see price traded down into the 2 week fair value gap. As price is in the area of interest, I take any one of the following entry triggers: 12 Hour CISD (Triggered yesterday, stop below the low) 18 Period MA Entry (Not yet triggered. Stop 120% of 3 period ATR at time of entry) 10h8c MAC w/ Williams Acc/Dis (Not yet triggered. Stop either twice the width of the MAC or 120% of 3 period ATR, whichever is greater) Divergence (Not yet triggered. Stop 120% of 3 period ATR at time of entry). If you have questions about my multi-timeframe analysis approach, feel free to shoot me a message. Good Luck & Good Trading.
NYSE:NKELong
by Tradius_Trades
TIME TO BUY NIKE ?We observed a significant decrease in Nike's price-to-earnings (P/E) ratio from 78.6 to 21, representing a multiyear low between 2020 and the present. Nike's stock has declined by 60% from its historical peak, prompting observations regarding market irrationality in driving the company's P/E ratio to its lowest level since 2017. Consequently, purchasing Nike stock has become a compelling proposition for investors, corroborated by the recommendations of Wall Street analysts. Guggenheim analysts have identified the stock's potential value at $115 per share, indicating a potential 36.9% upside from current levels. HSBC has initiated coverage of On Holding, maintaining a "hold" rating, while Citi continues to uphold a buy rating on Nike stock despite concerns about sales in China. Institutional investors responded to the decline by purchasing Nike shares, catalyzed by the announcement of hedge fund Pershing Square, under the leadership of Bill Ackman, acquiring a new stake in the company. This move was further supported by Pershing Square Capital Management, led by billionaire investor William Ackman, acquiring approximately 3 million Nike shares. Bernstein SocGen Group maintained an "Outperform" rating on Nike, citing improvements in the brand's performance metrics. Anticipated growth in sales driven by the Olympics and basketball is expected to provide an additional boost to Nike. We await the forthcoming fiscal Q3 '24 earnings report from Nike, scheduled for September 24, 2024, as an indicator of potential recovery. In conclusion, it is advisable to closely monitor the upcoming quarterly results.
NYSE:NKE
by Kartik_Elkunchwar
Ready to Move?Here we go! Things look ready to move relatively soon. -Volume decreasing linearly, usually the sign that big players have taken their profits and steered price action the way they wanted. Sets up for the next big move. - Fisher ribbons aligning, can give direction and strength of a move when combined with other tools -Volatility decreasing, a sign that a relatively large move is coming - Stochastics pointed in the positive direction with low volatility usually means price action will break that same direction -FED to cut interest rates in September Question is, what will we do if it breaks to the downside... ACCUMULATE, Seanders
KRAKEN:ADAUSDLong
by seanders_
2