NKE Daily Technical Analysis
Nike Inc
Designs and markets athletic footwear, apparel, and equipment worldwide.
NKE Technical Analysis Summary
NKE is firmly entrenched in a strong downtrend across all visible timeframes. The stock is trading below all major moving averages, with a sharply negative MACD confirming the downside momentum. While the RSI is testing oversold territory at 30, suggesting the potential for a near-term relief bounce or consolidation, the overall technical posture remains heavily bearish until major structural resistance around $60 can be reclaimed.
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NKE Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price has experienced a sharp recent decline, pushing below the 20-day SMA and riding the lower Bollinger Band. Momentum is strongly negative with the MACD histogram expanding downwards, though RSI at ~30 indicates oversold conditions that could prompt a brief pause.
Long-term Sentiment (weeks to months): Bearish
The long-term trend is clearly downward, characterized by a sequence of lower highs and lower lows. Price is trading significantly below both a declining 50-day SMA and 200-day SMA, indicating sustained long-term selling pressure.
Report Metadata
- Timeframe: daily
- Generated at: 2026-03-25T21:09:39.741Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $50.50 | $50.00 - $51.00 | Weak | Psychological round number support and minor hesitation area on the way down. |
| $47.00 | $46.00 - $48.00 | Strong | Major historical swing low cluster visible from April/May in the preceding year. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $57.00 | $56.00 - $58.00 | Weak | Immediate resistance zone aligning with recent minor consolidation and the descending 20-day SMA. |
| $61.00 | $60.00 - $62.00 | Strong | Previous structural support level that was broken decisively; now serves as resistance, roughly aligning with the descending 50-day SMA. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Support Breakdown | Bearish | N/A | Price recently broke down sharply from a multi-week consolidation zone above $60 on elevated volume, initiating the current steep decline. |
| Strong | Downtrend Structure | Bearish | N/A | A classic bearish sequence of lower highs and lower lows well below key moving averages. |
Frequently Asked Questions about NKE
What is the current sentiment for NKE?
The short-term sentiment for NKE is currently Bearish because Price has experienced a sharp recent decline, pushing below the 20-day SMA and riding the lower Bollinger Band. Momentum is strongly negative with the MACD histogram expanding downwards, though RSI at ~30 indicates oversold conditions that could prompt a brief pause.. The long-term trend is classified as Bearish.
What are the key support levels for NKE?
StockDips.AI has identified key support levels for NKE at $50.50 and $47.00. These levels may represent potential accumulation zones where buying interest could emerge.
Is NKE in a significant dip or a Value Dip right now?
NKE has a Value Score of 62/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.