US stock / ETF

Nike, Inc.

NKE · NYSE · USD

1 weekBearish80%
Weekly Downside probability 80%Bearish

NKE 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $43.51 and stabilize above resistance $68.49.

Invalidation Trigger

Break above $68.49 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 29.8, MACD 0.138

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $2.79 (7.59%)

Weekly

EMA Structure

Bearish
EMA 8$39.9Bearish
EMA 21$43.51Bearish
EMA 50$51.28Bearish

Signals

CategoryReadStrength
Momentum
RSI 29.8 · MACD 0.138

Momentum is weak

Strength
Bearish
Volatility
ATR $2.79 · BB 22.61%

High volatility

Strength
Bearish
Volume
MFI 43.4 · OBV -25.84%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$36.55 - $68.49

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+93.7% · 12.3 ATR above latest close

$71.28
Nearest resistance

+86.11% · 11.3 ATR above · 34-bar high

$68.49
Current price

Price shown is delayed

$36.8
Nearest support

-0.68% · 0.1 ATR below · 34-bar low

$36.55
Deeper support zone

-8.27% · 1.1 ATR below latest close

$33.76
ATR zone

Latest close ± ATR14

$34.01 - $39.59

Indicators

Trend

Dow Theory Structure

Confirmation $47.65, invalidation $40.69

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

46.4 / 1.2 / 27.5Bearish
Supertrend (10,3)

Price is above Supertrend

$30.63Bullish
Ichimoku Cloud

Cloud Span A / Span B

$43.44 / $56.76Bearish
Donchian Channel (20)

20-period breakout channel position

2%Bearish

Volatility

ATR (14)

High volatility

$2.79 (7.59%)Bearish
Bollinger Bands (20,2)

Width 22.61%

-9%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$47.9 / $38.55Bearish
ATR channel lower / upper

Current Volatility Envelope

$34.01 / $39.59Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$68.49Range
Support

Nearest Downside Decision Level

$36.55Range

Momentum

RSI (14)

Momentum is weak

29.8Bearish
MACD (12,26,9)

Histogram is positive

0.138Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

2.6 / 7.7Bearish
Williams %R (14)

Oversold zone

-97.4Bullish
CCI (20)

Weak expansion

-198.1Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

43.4Bearish
OBV slope

20-period OBV slope

-25.84%Bearish
Volume ratio

Relative to 20-period average volume

0.99xRange

Trend

Dow Theory Structure

Confirmation $47.65, invalidation $40.69

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

46.4 / 1.2 / 27.5Bearish
Supertrend (10,3)

Price is above Supertrend

$30.63Bullish
Ichimoku Cloud

Cloud Span A / Span B

$43.44 / $56.76Bearish
Donchian Channel (20)

20-period breakout channel position

2%Bearish

Momentum

RSI (14)

Momentum is weak

29.8Bearish
MACD (12,26,9)

Histogram is positive

0.138Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

2.6 / 7.7Bearish
Williams %R (14)

Oversold zone

-97.4Bullish
CCI (20)

Weak expansion

-198.1Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

High volatility

$2.79 (7.59%)Bearish
Bollinger Bands (20,2)

Width 22.61%

-9%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$47.9 / $38.55Bearish
ATR channel lower / upper

Current Volatility Envelope

$34.01 / $39.59Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

43.4Bearish
OBV slope

20-period OBV slope

-25.84%Bearish
Volume ratio

Relative to 20-period average volume

0.99xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$68.49Range
Support

Nearest Downside Decision Level

$36.55Range

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