They could be dirty, cracked and stinky as hell, but they will always be Nikes. Definitely, the trendline is calling to the price so it looks like we have a bearish movement here with some levels at $80.41, $75.62 and finally at $71.74. I'd be ok just with the second target. What do Wall Streeter boys think about? They have a target of around $85.61 a share, which...
Nike seems in the middle of a correction. Looking to the previous gap up it could be going for the completion of an expanding triangle. If it fails on the break of the upper trendline i'm expecting one more wave down.
Nike, the icon of footwear, reports today out of season which is not a good sign for earnings. The stock is not being traded heavily pre market, however, so the retail crowd appears to not know about this earnings report yet. The stock has already hit an extreme deviated peak in its business cycle after a fast-paced speculative run out of its prior bottom formed...
On the daily chart of Nike shares a bearish signal was formed - "Saucer" (beginning of the red zone one the AO indicator). Also, according to Elliott waves structure, the 5th wave should complete the current bearish trend. Going short in case of yesterday`s low breakdown.
Looks like the Nike (NKE) stock price is coming down to fill the previous gap, at which level the RSI will be very low, and should result in a bullish reversal. Let me know what you think in the comments. Like this idea if you agree.
Nike stock could break bearish in the near future.
Good R/R setup with the long term uptrend support line. Currently 7.5% below ATH.
This post is going to be short work, since there aren't many earnings in play for next week, and non-earnings premium selling is somewhat limited ... . NKE is the only earnings that comes up on my radar for next week (announces on Tuesday after market close). While it has an implied volatility rank of 72, its 30-day isn't exactly "doing it" at 29%. That being...
Unless it breaks above this wedge really hard, I'd stay short from here on out. No amount of fluff news pieces about how online sales have soared since the controversial NIKE add came out can hide the truth that this stock is technically hosed.
Wicked H&S forming, bulls struggling to break previous support $82.5 level, now tough resistance
$NKE A new support is moving this long time trending stock up
After consolidating for a month after a big earnings beat Nike looks poised to breakout out of the bull flag.
This is a bit of a tricky one because the World Cup is just around the corner. You'd think investors would be optimistic at the prospect of Nike's exposure on the largest sporting event in the world. Looking at how the price has trended it might be that all of that optimism might've been priced-in already and it's the pull back in anticipation of the end of the...
Artificial Intelligence/Deep Learning Enabled 5 Day Ahead Predicted values for Nike Inc ( NKE ) have been plotted on the chart. The method used in this prediction is Deep Learning/Artificial Neural Network based, and using complex mathematical models/methodologies to analyze and extract hidden time series features in vast amounts of NKE related data. The...
We enter the breakdown, the levels will be fixed later, now it is the edge of the ascending Pitchfork Andrews