Trading Signals: NKE Stock Price Prediction and Forecast

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Thu. Jun. 24, 2021

Trading Signals: NKE Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Wed. Sep. 27, 2023)

(Nike)
NKE latest price $133.6000 (0.38%) ($132.9000 - $134.8150) on Thu. Jun. 24, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.38% (three month average)
RSI   47
Latest Price   $133.6000(0.38%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   NKE advances 0.7% a day on average for past five trading days.
Weekly Trend   NKE declines -0.4% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support NKE advance at 0% a week (0% probability)
SPY(68%)    IVW(67%)    IWF(67%)    DIA(66%)    IWD(64%)
Factors Impacting NKE price   NKE will decline at least -0.69% in a week (0% probabilities).
VIXM(-35%)    UUP(-30%)    VXX(-10%)    TBT(-7%)    IGOV(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.69% (StdDev 1.38%)
Hourly BBV 0.6 ()
Intraday Trend -0.2%

5 Day Moving Average   $131.53(1.57%)
10 Day Moving Average   $131.1(1.91%)
20 Day Moving Average   $132.42(0.89%)
To recent high   -3.1%
To recent low   5.1%
Market Cap   $208.149b

NIKE, Inc. engages in the design, development, marketing, and sale of athletic footwear, apparel, accessories, equipment, and services. It operates through the following segments: North America; Europe, Middle East & Africa; Greater China; Asia Pacific & Latin America; Global Brand Divisions; Converse; and Corporate. The North America; Europe, Middle East & Africa; Greater China; and Asia Pacific & Latin America segments refers to the design, development, marketing, and selling of athletic footwear, apparel, and equipment. The Global Brand Divisions represents NIKE Brand licensing businesses. The Converse segment designs, markets, licenses, and sells casual sneakers, apparel, and accessories. The Corporate segment consists of unallocated general and administrative expenses. The company was founded by William Jay Bowerman and Philip H. Knight in 1964 and is headquartered in Beaverton, OR.

$. NKE price fluctuates within 1.66% (three month std-dev: 1.38%) daily (68% of days).

Sample size 7 Average positive next day return: 1.19%(14%) Average negative next day return: -1.11%(86%) Sample size 7 Average positive next three day return: 1.04%(43%) Average negative next three day return: -1.71%(57%) Sample size 7 Average positive next weekly return: 0.95%(86%) Average negative next weekly return: -2.58%(14%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210724

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jun_24_2021	135.31	132.42	131.1	131.53	132	133.38	133.6(0.38%)	UT	OpenLong	75	0.9	68	80	84	18	8.38	48%	-0.04	-30.7	1.38%	0.6	0.5	47	1.7
2	Jun_23_2021	135.36	132.56	130.81	130.6	130.49	132.25	133.1(0.47%)	RB	SmallLong	20	1	61	90	84	-8	4.56	48%	-0.05	-31.7	1.42%	1.1	0.2	43	1.7
3	Jun_22_2021	135.43	132.61	130.64	130.06	129.49	130.62	132.48(1.85%)	RB	SmallLong	20	1	51	50	77	-28	6.04	48%	-0.02	-40.1	1.42%	1.5	-0.1	41	1.4
4	Jun_21_2021	135.46	132.68	130.68	129.62	129.2	128.73	130.08(1.3%)	DP	OpenShort	-65	0.2	-15	-40	4	-70	6.29	46%	-0.03	-49.7	1.41%	1.5	-1.1	27	0.6
5	Jun_18_2021	135.5	132.82	131.04	129.88	129.49	128.37	128.41(-0.4%)	DT	HoldShort	-65	-0.6	-77	-70	-69	-100	9.74	41%	-0.04	-54.8	1.48%	-0.7	-1.9	12	-0.2

6	Jun_17_2021	135.56	133.09	131.58	130.58	130.38	129.67	128.92(-1.13%)	DT	HoldShort	-65	-0.8	-59	-40	-49	-89	8.56	41%	-0.01	-53.5	1.48%	-0.6	-2	12	1
7	Jun_16_2021	135.58	133.32	132.12	130.99	131	130.61	130.4(0.08%)	DP	OpenShort	-75	-0.3	-38	-20	-24	-81	7.91	41%	-0.04	-55.7	1.48%	1.4	-1.6	13	0.9
8	Jun_15_2021	135.63	133.58	132.5	131.28	131.24	131.08	130.29(-0.81%)	DT	OpenShort	-75	-0.6	-42	-10	-29	-80	5.17	46%	-0.05	-58.2	1.48%	-0.5	-1.8	35	1
9	Jun_14_2021	135.7	133.9	132.93	131.89	131.82	131.08	131.36(-0.44%)	DT	OpenShort	-75	-0.3	-29	-20	-17	-63	5.74	46%	-0.07	-51.6	1.53%	-0.3	-1.5	40	1.4
10	Jun_11_2021	135.79	134.13	133.42	132.41	132.44	131.4	131.94(0.73%)	DP	OpenShort	-75	-0.3	-47	-50	-44	-56	5.41	49%	-0.07	-50.4	1.53%	0.5	-1.3	50	1.4

11	Jun_10_2021	135.88	134.23	133.87	132.77	133.1	132.23	130.98(-0.65%)	DT	OpenShort	-75	-1.1	-56	-40	-58	-48	6.56	49%	-0.1	-46.6	1.56%	-1.1	-2.1	43	1.2
12	Jun_9_2021	136.01	134.37	134.47	133.41	133.74	133.47	131.84(-1.13%)	DT	OpenShort	-75	-1.1	-21	-10	-23	-14	6.37	49%	-0.05	-37.5	1.57%	-1.5	-1.8	48	1
13	Jun_8_2021	136.08	134.64	134.76	133.88	133.86	133.97	133.35(-0.45%)	DT	OpenShort	-75	-0.4	-5	10	-6	-3	4.89	49%	-0.02	-10.6	1.57%	-0.1	-0.9	41	1.2
14	Jun_7_2021	136.11	134.79	134.85	134.11	134.02	134.01	133.95(0.16%)	DP	OpenShort	-75	-0.1	-6	-0	-6	-5	3.76	49%	-0.05	4.8	1.57%	0.2	-0.6	40	1.4
15	Jun_4_2021	136.18	134.79	134.76	134.61	134.52	133.75	133.74(-0.32%)	DT	OpenShort	-75	-0.6	-24	-40	-27	-14	5.2	47%	-0.06	28.9	1.58%	-0.3	-0.8	41	1.5

16	Jun_3_2021	136.26	134.97	134.74	135.17	135.19	134.03	134.17(0%)	DT	HoldShort	-50	-0.6	-52	-60	-62	-20	4.95	45%	-0.07	40	1.59%	-0.1	-0.5	53	1.2
17	Jun_2_2021	136.35	134.89	134.64	135.72	136.08	135.29	134.17(-0.25%)	DT	OpenShort	-75	-0.9	-33	-30	-42	-5	5.22	45%	-0.08	51.2	1.61%	-1.1	-0.4	54	1.5
18	Jun_1_2021	136.46	134.78	134.77	135.75	136.54	136.35	134.51(-1.43%)	N/A	N/A	0	-0.7	-5	10	-8	6	5.56	47%	-0.17	46.3	1.61%	-1.9	-0.1	42	1.1
19	May_28_2021	136.69	134.72	134.95	135.66	136.14	136.88	136.46(-0.07%)	UD	OpenLong	75	0.4	23	50	25	18	4.13	47%	-0.07	48.2	1.62%	-0.8	0.9	49	1.5
20	May_27_2021	136.78	134.53	134.87	134.9	135.41	136.74	136.56(-0.24%)	UD	OpenLong	75	0.9	53	80	65	18	12.83	47%	-0.04	43.7	1.64%	0.6	1.1	45	1.9

21	May_26_2021	136.84	134.36	134.56	134.24	134.42	135.41	136.89(1.91%)	UT	OpenLong	75	1.4	47	60	61	6	6.76	47%	-0.03	42	1.65%	1.3	1.3	58	1.5
22	May_25_2021	136.88	134.05	134.2	133.45	133.67	134.08	134.32(0.19%)	N/A	N/A	0	0.5	14	30	25	-18	4.88	45%	-0.04	33.6	1.63%	0.7	0.1	57	1.1
23	May_24_2021	136.94	133.95	134.45	133.7	133.3	133.42	134.06(1.06%)	DP	OpenShort	-75	0.2	-13	-0	-12	-16	4.3	45%	-0.02	47.9	1.63%	1.5	0.1	58	0.9
24	May_21_2021	136.97	133.84	134.67	134.17	133.96	133.27	132.66(-0.46%)	DT	OpenShort	-75	-0.7	-14	-40	-17	-3	5.33	42%	-0.07	49.7	1.67%	-0.3	-0.6	51	0.6
25	May_20_2021	137.06	133.74	135.18	134.83	134.73	133.18	133.27(0.23%)	N/A	N/A	0	-0.7	-39	-80	-53	5	4.89	42%		45.9	1.68%	-0.4	-0.2	53	0.3
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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