Nike (NKE) Monthly Technical Analysis
Nike Inc
Designs and markets athletic footwear, apparel, and equipment worldwide.
NKE Technical Analysis Summary
Nike remains entrenched in a long-term secular bear market after decisively breaking below its 200-month moving average on heavy multi-month volume. The monthly RSI hovering around 31 highlights prolonged selling pressure, although proximity to the 2013-2014 support region near 31.00-35.00 may allow temporary stabilization. Until price reclaims major multi-year moving averages above 56.48 and 68.71, the overarching structural trend remains decisively negative.
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NKE Monthly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price remains in a persistent series of lower monthly highs and lows trading below the declining 20-month SMA, despite a minor bounce off the lower Bollinger Band.
Long-term Sentiment (weeks to months): Bearish
Price experienced a secular breakdown below the 200-month SMA (68.71), while monthly RSI remains depressed near 30, confirming a structural bear regime.
Report Metadata
- Timeframe: monthly
- Generated at: Nov 1, 2026
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $32.50 | $30.00 - $35.00 | Moderate | Corresponds to the 2013–2014 secular consolidation zone and the current lower Bollinger Band level near 30.97. |
| $22.00 | $20.00 - $24.00 | Strong | Major historical base and multi-year breakout platform established between 2010 and 2012. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $57.50 | $55.00 - $60.00 | Moderate | Declining 20-month moving average (~56.48) aligned with the former structural support shelf from 2016 to 2017. |
| $70.00 | $68.00 - $72.00 | Strong | Critical secular breakdown level anchored by the 200-month SMA (68.71). |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Secular Multi-Year Downtrend | Bearish | N/A | Continuous macro downtrend following a massive distribution top from late 2021, slicing through the 50-month and 200-month moving averages on elevated volume. |
Frequently Asked Questions about NKE
What is the current sentiment for NKE?
The short-term sentiment for NKE is currently Bearish because Price remains in a persistent series of lower monthly highs and lows trading below the declining 20-month SMA, despite a minor bounce off the lower Bollinger Band. 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 $32.50 and $22.00. 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 31/100. 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.