Red_Green-TA

$NKE Short, clear divergence of RSI, and 9/21 crossover.

Short
Nike (NYSE:NKE)  
NYSE:NKE   Nike
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.

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