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 pronounced downtrend across both short and long-term timeframes. The technical picture is dominated by a recent high-volume breakdown that pushed the price well below all key moving averages, indicating intense and ongoing selling pressure. With indicators like MACD showing expanding negative momentum and no signs of a bottoming process, the outlook remains highly bearish for long-term investors until a structural base can be formed.
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NKE Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price has experienced a sharp, high-volume breakdown, riding the lower Bollinger Band with RSI pushing into oversold territory and MACD histogram showing expanding negative momentum.
Long-term Sentiment (weeks to months): Bearish
The stock is in a sustained macro downtrend, trading significantly below a downward-sloping 200-day SMA and establishing a clear pattern of lower highs and lower lows over the visible chart period.
Report Metadata
- Timeframe: daily
- Generated at: 2026-03-09T21:03:47.738Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $55.75 | $55.00 - $56.50 | Weak | Immediate area where the current sharp selloff is pausing, though unproven as a durable bottom. |
| $52.00 | $51.00 - $53.00 | Strong | Major historical swing low consolidation zone from the significant dip seen earlier in the visible chart. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $63.00 | $62.00 - $64.00 | Strong | The immediate breakdown zone and previous support, now acting as resistance, aligning with the rapidly descending 20-day SMA. |
| $67.00 | $66.00 - $68.00 | Strong | Upper boundary of the recent consolidation range before the breakdown, clustering with the 50-day SMA. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Bearish Breakdown / Gap Down | Bearish | N/A | A severe, high-volume drop breaking below a multi-month consolidation zone and all moving averages, signaling an aggressive resumption of the downtrend. |
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, high-volume breakdown, riding the lower Bollinger Band with RSI pushing into oversold territory and MACD histogram showing expanding negative momentum.. 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 $55.75 and $52.00. 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 89/100. 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.