NKE Monthly Technical Analysis
Nike Inc
Designs and markets athletic footwear, apparel, and equipment worldwide.
NKE Technical Analysis Summary
Nike remains in a pronounced secular downtrend on the monthly chart after breaking below its 200-month moving average. Momentum indicators confirm persistent distribution with RSI below 30 and heavy selling volume. While approaching long-term structural support from the 2014-2015 consolidation zone near $35-$38, significant overhead resistance between $60 and $68.50 limits any sustainable long-term recovery.
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NKE Monthly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is falling steeply below all major moving averages with expanding downward momentum and RSI remaining under 30 in deep oversold/bear regime territory.
Long-term Sentiment (weeks to months): Bearish
The stock has broken decisively below its multi-year 200-month moving average (68.50) and established a consistent series of lower highs and lower lows since the 2021 peak.
Report Metadata
- Timeframe: monthly
- Generated at: 2026-09-01T06:41:22.174Z
- Model: gemini-3.7-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $36.50 | $35.00 - $38.00 | Strong | Corresponds to the 2014-2015 historical resistance-turned-support zone and the lower Bollinger Band. |
| $22.50 | $20.00 - $25.00 | Weak | Major historical base consolidation area from 2010 to 2012. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $64.25 | $60.00 - $68.50 | Strong | Former long-term structural support now acting as heavy overhead resistance, aligned with the 20-month SMA and 200-month SMA. |
| $82.50 | $80.00 - $85.00 | Strong | Confluence of prior intermediate breakdown lows, the 50-month SMA, and upper Bollinger Band range. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Multi-Year Rounding Top / Downtrend | Bearish | $35.00 | A massive multi-year distribution top completed following the late 2021 peak near 179, followed by an accelerated secular decline below all primary 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 is falling steeply below all major moving averages with expanding downward momentum and RSI remaining under 30 in deep oversold/bear regime territory.. 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 $36.50 and $22.50. 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 90/100. It is 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.