US stock / ETF

Nike, Inc.

NKE · NYSE · USD

4 hoursBearish91%
4h Downside probability 91%Bearish

NKE 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $37.44 and stabilize above resistance $39.48.

Invalidation Trigger

Break above $39.48 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 34.5, MACD -0.029

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.3438 (0.93%)

4h

EMA Structure

Bearish
EMA 8$36.94Bearish
EMA 21$37.44Bearish
EMA 50$38.27Bearish

Signals

CategoryReadStrength
Momentum
RSI 34.5 · MACD -0.029

Momentum is weak

Strength
Bearish
Volatility
ATR $0.3438 · BB 7.67%

Low volatility

Strength
Bullish
Volume
MFI 27.5 · OBV 2.19%

Relative to 20-period average volume

Strength
Range
Price Levels
$36.55 - $39.48

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+8.16% · 8.7 ATR above latest close

$39.82
Nearest resistance

+7.23% · 7.7 ATR above · 34-bar high

$39.48
Current price

Price shown is delayed

$36.81
Nearest support

-0.72% · 0.8 ATR below · 34-bar low

$36.55
Deeper support zone

-1.65% · 1.8 ATR below latest close

$36.21
ATR zone

Latest close ± ATR14

$36.47 - $37.16

Indicators

Trend

Dow Theory Structure

Confirmation $36.55, invalidation $37.47

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

Trend strength is active

36.1 / 9.7 / 40.2Bearish
Supertrend (10,3)

Price is above Supertrend

$35.92Bullish
Ichimoku Cloud

Cloud Span A / Span B

$37.4 / $38.79Bearish
Donchian Channel (20)

20-period breakout channel position

11%Bearish

Volatility

ATR (14)

Low volatility

$0.3438 (0.93%)Bullish
Bollinger Bands (20,2)

Width 7.67%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$38 / $36.8Bullish
ATR channel lower / upper

Current Volatility Envelope

$36.47 / $37.16Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$39.48Range
Support

Nearest Downside Decision Level

$36.55Range

Momentum

RSI (14)

Momentum is weak

34.5Bearish
MACD (12,26,9)

Histogram is negative

-0.029Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

15.4 / 13.8Bullish
Williams %R (14)

Oversold zone

-84.6Bullish
CCI (20)

Balanced zone

-75.0Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

27.5Bearish
OBV slope

20-period OBV slope

2.19%Bullish
Volume ratio

Relative to 20-period average volume

0.55xBearish

Trend

Dow Theory Structure

Confirmation $36.55, invalidation $37.47

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

Trend strength is active

36.1 / 9.7 / 40.2Bearish
Supertrend (10,3)

Price is above Supertrend

$35.92Bullish
Ichimoku Cloud

Cloud Span A / Span B

$37.4 / $38.79Bearish
Donchian Channel (20)

20-period breakout channel position

11%Bearish

Momentum

RSI (14)

Momentum is weak

34.5Bearish
MACD (12,26,9)

Histogram is negative

-0.029Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

15.4 / 13.8Bullish
Williams %R (14)

Oversold zone

-84.6Bullish
CCI (20)

Balanced zone

-75.0Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$0.3438 (0.93%)Bullish
Bollinger Bands (20,2)

Width 7.67%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$38 / $36.8Bullish
ATR channel lower / upper

Current Volatility Envelope

$36.47 / $37.16Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

27.5Bearish
OBV slope

20-period OBV slope

2.19%Bullish
Volume ratio

Relative to 20-period average volume

0.55xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$39.48Range
Support

Nearest Downside Decision Level

$36.55Range

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