NKE Daily Technical Analysis
Nike Inc
Designs and markets athletic footwear, apparel, and equipment worldwide.
NKE Technical Analysis Summary
NKE remains in a well-defined, persistent downtrend across both short- and long-term timeframes, trading well beneath its downward-sloping 20-day, 50-day, and 200-day moving averages. Price is currently pressing toward new multi-month lows near the lower Bollinger Band at 35.04 with RSI at 32.31, indicating sustained selling pressure. Any relief rallies are likely to face strong overhead resistance beginning at the 20-day SMA ($38.00) and the critical 50-day SMA ($40.45).
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NKE Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is consistently riding the lower Bollinger Band in a continuous sequence of lower highs and lower lows, remaining well below the downward-sloping 20-day and 50-day moving averages with RSI pressed near oversold at 32.31.
Long-term Sentiment (weeks to months): Bearish
The 50-day SMA (40.45) trades significantly below the 200-day SMA (50.22), with both major averages sloping steeply downward following a prolonged macro decline from the $80.00 region.
Report Metadata
- Timeframe: daily
- Generated at: 2026-09-18T20:20:55.963Z
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $35.25 | $35.00 - $35.50 | Moderate | Current session low and the lower Bollinger Band boundary offering immediate short-term support. |
| $32.50 | $32.00 - $33.00 | Weak | Psychological extension level below the current structural breakdown. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $38.00 | $37.50 - $38.50 | Moderate | Confluence of recent swing breakdown level and the descending 20-day SMA. |
| $40.75 | $40.00 - $41.50 | Strong | Zone defined by the falling 50-day SMA and the upper Bollinger Band. |
| $45.00 | $44.00 - $46.00 | Strong | Major prior multi-month horizontal consolidation floor from May through July 2026. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Downtrend Channel | Bearish | $33.00 | Consistent downward-sloping price channel characterized by lower highs and lower lows developing since the July peak. |
Frequently Asked Questions about NKE
What is the current sentiment for NKE?
The short-term sentiment for NKE is currently Bearish because Price is consistently riding the lower Bollinger Band in a continuous sequence of lower highs and lower lows, remaining well below the downward-sloping 20-day and 50-day moving averages with RSI pressed near oversold at 32.31.. 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 $35.25 and $32.50. 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 91/100. 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.