US stock / ETF

Nike, Inc.

NKE · NYSE · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

NKE 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $38.54 and stabilize above resistance $41.03.

Invalidation Trigger

Break above $41.03 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 36.2, MACD -0.123

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.3885 (1.03%)

4h

EMA Structure

Bearish
EMA 8$38.14Bearish
EMA 21$38.54Bearish
EMA 50$38.58Bearish

Signals

CategoryReadStrength
Momentum
RSI 36.2 · MACD -0.123

Momentum is weak

Strength
Bearish
Volatility
ATR $0.3885 · BB 6.88%

Low volatility

Strength
Bullish
Volume
MFI 12.0 · OBV -47.13%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$37.62 - $41.03

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+9.63% · 9.4 ATR above latest close

$41.42
Nearest resistance

+8.6% · 8.4 ATR above · 34-bar high

$41.03
Current price

Price shown is delayed

$37.78
Nearest support

-0.42% · 0.4 ATR below · 34-bar low

$37.62
Deeper support zone

-1.45% · 1.4 ATR below latest close

$37.23
ATR zone

Latest close ± ATR14

$37.39 - $38.17

Indicators

Trend

Dow Theory Structure

Confirmation $37.78, invalidation $38.55

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

27.5 / 6.2 / 48.5Bearish
Supertrend (10,3)

Price is above Supertrend

$36.79Bullish
Ichimoku Cloud

Cloud Span A / Span B

$38.55 / $39.16Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Volatility

ATR (14)

Low volatility

$0.3885 (1.03%)Bullish
Bollinger Bands (20,2)

Width 6.88%

14%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$39.13 / $37.92Bullish
ATR channel lower / upper

Current Volatility Envelope

$37.39 / $38.17Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$41.03Range
Support

Nearest Downside Decision Level

$37.62Range

Momentum

RSI (14)

Momentum is weak

36.2Bearish
MACD (12,26,9)

Histogram is negative

-0.123Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

6.8 / 7.2Bearish
Williams %R (14)

Oversold zone

-93.2Bullish
CCI (20)

Weak expansion

-128.4Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

12.0Bearish
OBV slope

20-period OBV slope

-47.13%Bearish
Volume ratio

Relative to 20-period average volume

1.76xBullish

Trend

Dow Theory Structure

Confirmation $37.78, invalidation $38.55

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

27.5 / 6.2 / 48.5Bearish
Supertrend (10,3)

Price is above Supertrend

$36.79Bullish
Ichimoku Cloud

Cloud Span A / Span B

$38.55 / $39.16Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Momentum

RSI (14)

Momentum is weak

36.2Bearish
MACD (12,26,9)

Histogram is negative

-0.123Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

6.8 / 7.2Bearish
Williams %R (14)

Oversold zone

-93.2Bullish
CCI (20)

Weak expansion

-128.4Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$0.3885 (1.03%)Bullish
Bollinger Bands (20,2)

Width 6.88%

14%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$39.13 / $37.92Bullish
ATR channel lower / upper

Current Volatility Envelope

$37.39 / $38.17Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

12.0Bearish
OBV slope

20-period OBV slope

-47.13%Bearish
Volume ratio

Relative to 20-period average volume

1.76xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$41.03Range
Support

Nearest Downside Decision Level

$37.62Range

Related Forecasts