US stock / ETF

Nike, Inc.

NKE · NYSE · USD

1 weekBearish80%
Weekly Downside probability 80%Bearish

NKE 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $39.71 and stabilize above resistance $54.22.

Invalidation Trigger

Break above $54.22 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Weekly
Momentum StateRange
Momentum mixed

RSI 39.9, MACD 0.702

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $2.41 (6.38%)

Weekly

EMA Structure

Bearish
EMA 8$37.62Bullish
EMA 21$39.71Bearish
EMA 50$46.88Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.9 · MACD 0.702

Momentum is weak

Strength
Range
Volatility
ATR $2.41 · BB 31.18%

High volatility

Strength
Bearish
Volume
MFI 31.3 · OBV -41.93%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$31.97 - $54.22

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+49.98% · 7.8 ATR above latest close

$56.63
Nearest resistance

+43.59% · 6.8 ATR above · 34-bar high

$54.22
Current price

Price shown is delayed

$37.76
Nearest support

-15.33% · 2.4 ATR below · 34-bar low

$31.97
Deeper support zone

-21.72% · 3.4 ATR below latest close

$29.56
ATR zone

Latest close ± ATR14

$35.35 - $40.17

Indicators

Trend

Dow Theory Structure

Confirmation $47.65, invalidation $31.97

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

62.3 / 17.8 / 27.4Bearish
Supertrend (10,3)

Price is above Supertrend

$30.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$38.17 / $50.55Bearish
Donchian Channel (20)

20-period breakout channel position

44%Bearish

Volatility

ATR (14)

High volatility

$2.41 (6.38%)Bearish
Bollinger Bands (20,2)

Width 31.18%

39%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$44.58 / $34.37Bearish
ATR channel lower / upper

Current Volatility Envelope

$35.35 / $40.17Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$54.22Range
Support

Nearest Downside Decision Level

$31.97Range

Momentum

RSI (14)

Momentum is weak

39.9Bearish
MACD (12,26,9)

Histogram is positive

0.702Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

58.1 / 58.1Bullish
Williams %R (14)

Neutral zone

-41.9Range
CCI (20)

Balanced zone

-23.8Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

31.3Bearish
OBV slope

20-period OBV slope

-41.93%Bearish
Volume ratio

Relative to 20-period average volume

0.54xBearish

Trend

Dow Theory Structure

Confirmation $47.65, invalidation $31.97

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

62.3 / 17.8 / 27.4Bearish
Supertrend (10,3)

Price is above Supertrend

$30.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$38.17 / $50.55Bearish
Donchian Channel (20)

20-period breakout channel position

44%Bearish

Momentum

RSI (14)

Momentum is weak

39.9Bearish
MACD (12,26,9)

Histogram is positive

0.702Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

58.1 / 58.1Bullish
Williams %R (14)

Neutral zone

-41.9Range
CCI (20)

Balanced zone

-23.8Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volatility

ATR (14)

High volatility

$2.41 (6.38%)Bearish
Bollinger Bands (20,2)

Width 31.18%

39%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$44.58 / $34.37Bearish
ATR channel lower / upper

Current Volatility Envelope

$35.35 / $40.17Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

31.3Bearish
OBV slope

20-period OBV slope

-41.93%Bearish
Volume ratio

Relative to 20-period average volume

0.54xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$54.22Range
Support

Nearest Downside Decision Level

$31.97Range

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