Nike ($NKE) Swing UpdateNext resistance at 124 After the breakout of the T-box, the price stopped its run at FWB:124 , with a small pullback to let its ema 250h come closer. Bullish triangle at this level, with multiple ema crosses that confirm this new stop.Longby TizyCharts0
TriangleDescending triangle but the bottom line does slope up a bit. Call it what you may, as both patterns are neutral until broken. Triangles are calculated by many by measuring the wide end then projecting it up or down from the point of breakout. No recommendation. 52 Week Range 82.22 139.14 Day Range 119.13 121.55 EPS (FWD) 3.23 PE (FWD) 37.16 Div Rate (FWD) $1.36 Yield (FWD) 1.13% Short Interest 0.87% Market Cap $184.78Bby lauralea4
NIKE Stock Chart Fibonacci Analysis 040823Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 118/61.80%by fibonacci61801
NIKE: Sell ideaOn NIKE as you see on the chart we have a sell idea after the breakout the vwap and support.Thanks!Shortby PAZINI194
$NKE with a bearish outlook following its earnings #StocksThe PEAD projected a bearish outlook for $NKE after a negative under reaction following its earnings release placing the stock in drift D with an expected accuracy of 62.5%.Shortby EPSMomentum1
Nike -just did it. NKEMomentally descended back from OBOS. Plentry of space to descend. Internal formation consistent with a Wave A on fibtime - this is unlikely to be an isolated move in the bounce from previous heights. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.Shortby Rykin_Capital0
NIKE: Bullish Flag, Possibly Beating Earning Estimate Again?Price Action Analysis on NIKE, Inc On the Daily Timeframe, NKE is moving above EMA90. NKE is breaking out of the bullish flag pattern, indicating a possible bullish bias ahead. The Stochastic made a bullish divergence, signifying a possible upside movement to the target area. Fundamental Drives - China sales rebounded further due to ending its zero covid policy. - Improving earning report, potentially beating earning estimate again. All other explanations are presented on the chart. The roadmap will be invalid after reaching the target/support area. Support the channel by smashing the rocket button and sharing your opinions in the comment below! "Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the NKE"Longby financialfreedomgoals101Updated 10
Nike Inc. (NKE) bullish scenario:The technical figure Falling Wedge can be found in the daily chart in the US company Nike Inc. (NKE). Nike Inc. is an American multinational corporation that is engaged in the design, development, manufacturing, and worldwide marketing and sales of footwear, apparel, equipment, accessories, and services It is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$46 billion in its fiscal year 2022. The Falling Wedge broke through the resistance line on 17/03/2023. If the price holds above this level, you can have a possible bullish price movement with a forecast for the next 6 days towards 123.99 USD. According to experts, your stop-loss order should be placed at 115.87 USD if you decide to enter this position. Nike is expected to report a rise in third-quarter revenue and grow its market share through 2023, helped by major rival Adidas' split with designer and rapper Kanye West which caused the German company to lose about $600 million in quarterly sales. Nike is also expected to get a boost from higher sales of its Jordan Retros and some newer launches as the world's No. 1 sportswear maker stays ahead of rivals through its innovative product lines. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals and cannot be held liable nor guarantee any profits or losses.Longby legacyFXofficial1
$NKE Broadening formationNot financial advice. $NKE currently heading to the top of broadening formation. Earnings tomorrow! Possible Gap up in the morning to finally get to the top of broadening formation but cautious since it might get rejected there and try to fill gaps on the green on the current weeks. Thanks Alex! #like #Subscribe #share if you like my charts.by alex6666661
NKE | Line DrawingThings to have in mind: I've highlighted a few historic values that most analysts have in their notes. Nike reports their earnings Tuesday AMC: I'm anticipating the market will buy the surprise. The bandwidth is at a good value to squeeze. Longby UnknownUnicorn287435971
NKE NIKE Options Ahead Of EarningsIf you haven`t sold NKE here: or reentered here: Then you should know that looking at the NKE NIKE options chain ahead of earnings, I would buy the $115 strike price Puts with 2023-3-24 expiration date for about $2.40 premium. If the options turn out to be profitable Before the earnings release, I would sell at least 50%. Looking forward to read your opinion about it. Shortby TopgOptions227
$NKE: correction is overNice signal here in $NKE, suggesting the decline from the recent top is over, tight stop allows for a big payoff if the trend keeps going, trail stops gradually over time if it holds over this range. Best of luck! Cheers, Ivan Labrie.Longby IvanLabrieUpdated 113
SHORT NIKE.NIKE seems to be loosing its bullish momentum after breaking below a major support to what appears to be a retest (or bear flag) to continue to the downside. This can be supported by the smaller time frames (15m) price action as price is failing to make higher highs and is failing to break and close above what is now resistance. Gaps usually are filled but sometimes the levels created by the gap can cause a bounce so be cautions if shorting early and or have runners prepared incase the gap decides to fill.Shortby CJITM0
$NKEIf the 4hr chart holds up i expect nike to move up over the next two weeks. The Percent Rank is moving off the bottom and interday momentum indicator is pointing up. Longby TPolehn0
NIke final run!FA is strong but can this thing leave thru all the bad bubbles without being punished eventually..... well i believe so lest speculate this into a bearish trend up to 127-900 dollars....why not amazon and apple did....and i hate apple... yet its price soars... nike cant be worse than apple in any means at all... as far as consumers go...Longby PrestonedUpdated 1110
Nike Pulls Back Before EarningsNike pulled back along with the rest of the market last month. Is it creating opportunities with quarterly results later in March? The first pattern on today’s chart is $116.75. It was the low a year ago and near the high in mid-August. NKE paused there in December before continuing toward $130. The athletic-apparel stock is also bouncing above the same zone today. Next, the latest pullback dragged stochastics to an oversold condition, from which the oscillator is now rebounding. Third, the 50-day simple moving average (SMA) rose above the 200-day SMA in mid-January. That kind of “golden cross” may suggest NKE’s longer-term trend has turned positive. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .by TradeStation1112
NKE is going to fall until at least FebruaryNKE Bearish channel; inside week from Dec 5 to 9, and then outside week from Dec 12 to 16. Today (Dec 19) it broke below last week's low ... this is now the third week in a row of lower-lows. Is it possible that it rallies and goes for a second outside week? Anything is possible, but it is also up against the bearish channel on the upside. There is very little support on its downside however ... Shortby ChemistNateUpdated 333
Looking to go long - PT 135Bullish Bias 1. Break above monthly resistance & above monthly 50 EMA 2. Break above weekly resistance & 50 EMA, 100 EMA, 14 EMA 3. Break above trendline 4. Inverse H&S formation with a retest of the neckline on the daily forming a potential falling wedge 5. Golden Cross - 50 EMA cross above 200 EMA 6. Above the Ichimoku on the daily Longby RonLegend_1111
Test Area for NKEIdentified on the chart the next possible T-Box, where the price could change its trend.by TizyCharts0
Nike BearishNike looking to go lower, following blue structure, we can see we have a break, Looking to sell lower.by ivelezv41
#NKE bullish weekly reversal @ yearly pivotHello dear Traders, Here is my idea for #NKE Price closed above yellow line Targets marked in the chart Invalidation level marked with red line Good luck! ❤️Please feel free to ask any question in comments. I will try to answer all! Thank you. Please, support my work with like, thank you!❤️ Longby Diplo_Trades222
$NKE Short, clear divergence of RSI, and 9/21 crossover.Ticker: $NKE Investment Strategy: Short #RSI divergence from oversold #Crossover of 9ema and 21 ema. #MACD crossover and divergence. Fundamental analysis: Nike, Inc. (NKE) financials that may be helpful in conducting a fundamental analysis of the company: Revenue: Nike, Inc.'s revenue has been steadily increasing over the years. In 2020, the company generated revenue of $37.4 billion and in 2021, it generated $39.1 billion. Earnings: Nike, Inc. has been consistently profitable over the years. In 2020, the company had net income of $3.8 billion and in 2021, it had net income of $4.2 billion. Dividends: Nike, Inc. has been paying dividends to shareholders. In 2021, the company paid dividends of $2.2 billion. Debt: Nike, Inc. has a significant amount of debt. As of December 2021, the company had long-term debt of $8.2 billion. Market Capitalization: Nike, Inc. has a market capitalization of $152.3 billion as of January 26th, 2023. P/E ratio: Nike, Inc. has a P/E ratio of 34.7 as of January 26th, 2023, which is higher than the industry average. Business Model: Nike, Inc. is a multinational corporation that is engaged in the design, development, and worldwide marketing and selling of footwear, apparel, equipment, accessories, and services. Note: Please note that this information is for educational purposes only and should not be considered as financial advice. It is important to conduct your own research and consult with a financial professional before making any investment decisions.Shortby Red_Green-TA2
Nike extends gains Nike's stock (NKE) kept rising in the intraday levels, buoyed by positive pressure from the 50-day SMA, and amid the dominance of the upward correctional wave in the short term, with negative signals from the RSI after reaching overbought levels, hurting the stock's movements. Therefore we expect the stock to rise and target the resistance of 138.65, provided it settles above 118.47. Longby eltonmorningstar2210