US stock / ETF

Nike, Inc.

NKE · NYSE · USD

4 hoursBearish58%
4h Downside probability 58%Bearish

NKE 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $37.4 and stabilize above resistance $38.41.

Invalidation Trigger

Break above $38.41 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 51.4, MACD -0.120

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.4432 (1.19%)

4h

EMA Structure

Bullish
EMA 8$37.61Bearish
EMA 21$37.4Bearish
EMA 50$36.7Bullish

Signals

CategoryReadStrength
Momentum
RSI 51.4 · MACD -0.120

Neutral zone

Strength
Bearish
Volatility
ATR $0.4432 · BB 3.58%

Low volatility

Strength
Bullish
Volume
MFI 32.0 · OBV -79.27%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$34.74 - $38.41

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+4.09% · 3.4 ATR above latest close

$38.85
Nearest resistance

+2.91% · 2.4 ATR above · 34-bar high

$38.41
Current price

Price shown is delayed

$37.32
Nearest support

-6.93% · 5.8 ATR below · 34-bar low

$34.74
Deeper support zone

-8.11% · 6.8 ATR below latest close

$34.29
ATR zone

Latest close ± ATR14

$36.88 - $37.76

Indicators

Trend

Dow Theory Structure

Confirmation $38.41, invalidation $36.91

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

Trend strength is moderate

21.5 / 21.7 / 21.9Bearish
Supertrend (10,3)

Price is above Supertrend

$36.03Bullish
Ichimoku Cloud

Cloud Span A / Span B

$37.62 / $36.11Bearish
Donchian Channel (20)

20-period breakout channel position

34%Bullish

Volatility

ATR (14)

Low volatility

$0.4432 (1.19%)Bullish
Bollinger Bands (20,2)

Width 3.58%

31%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$38.31 / $36.55Bullish
ATR channel lower / upper

Current Volatility Envelope

$36.88 / $37.76Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$38.41Range
Support

Nearest Downside Decision Level

$34.74Range

Momentum

RSI (14)

Neutral zone

51.4Range
MACD (12,26,9)

Histogram is negative

-0.120Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

27.4 / 38.1Bearish
Williams %R (14)

Neutral zone

-72.6Range
CCI (20)

Balanced zone

-62.7Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

32.0Bearish
OBV slope

20-period OBV slope

-79.27%Bearish
Volume ratio

Relative to 20-period average volume

0.65xBearish

Trend

Dow Theory Structure

Confirmation $38.41, invalidation $36.91

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

Trend strength is moderate

21.5 / 21.7 / 21.9Bearish
Supertrend (10,3)

Price is above Supertrend

$36.03Bullish
Ichimoku Cloud

Cloud Span A / Span B

$37.62 / $36.11Bearish
Donchian Channel (20)

20-period breakout channel position

34%Bullish

Momentum

RSI (14)

Neutral zone

51.4Range
MACD (12,26,9)

Histogram is negative

-0.120Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

27.4 / 38.1Bearish
Williams %R (14)

Neutral zone

-72.6Range
CCI (20)

Balanced zone

-62.7Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$0.4432 (1.19%)Bullish
Bollinger Bands (20,2)

Width 3.58%

31%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$38.31 / $36.55Bullish
ATR channel lower / upper

Current Volatility Envelope

$36.88 / $37.76Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

32.0Bearish
OBV slope

20-period OBV slope

-79.27%Bearish
Volume ratio

Relative to 20-period average volume

0.65xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$38.41Range
Support

Nearest Downside Decision Level

$34.74Range

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