NKE Weekly Technical Analysis
Nike Inc
Designs and markets athletic footwear, apparel, and equipment worldwide.
NKE Technical Analysis Summary
Nike remains in a dominant long-term downtrend, trading well below the declining 200-week SMA and struggling to overcome immediate resistance at the 20-week and 50-week SMAs. Short-term price action is weak, with the stock drifting near the lower Bollinger Band and RSI holding in bearish territory below 50. While the MACD histogram shows a minor reduction in selling pressure, the lack of price follow-through suggests the bearish bias persists.
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NKE Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is trading below the 20-week and 50-week SMAs, with the RSI below 50 indicating weak momentum. The recent candle is testing the lower end of the consolidation range.
Long-term Sentiment (weeks to months): Bearish
The stock is in a confirmed structural downtrend, trading significantly below a declining 200-week SMA. The 50-week SMA is below the 200-week SMA (Death Cross).
Report Metadata
- Timeframe: weekly
- Generated at: 2026-02-15T00:16:44.837Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $59.80 | $58.74 - $60.85 | Strong | Confluence of the Lower Bollinger Band and recent weekly candle lows. |
| $52.50 | $50.00 - $55.00 | Weak | Psychological support zone below current multi-year lows. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $65.49 | $64.57 - $66.40 | Strong | Immediate resistance cluster formed by the 20-week SMA (basis of BB) and the 50-week SMA. |
| $72.70 | $70.40 - $75.00 | Strong | Upper Bollinger Band and the consolidation ceiling following the major gap down. |
| $93.42 | $91.84 - $95.00 | Strong | 200-week SMA and the origin level of the massive gap down event. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Bearish Consolidation | Bearish | $58.74 | Following a sharp gap down, price has entered a sideways-to-lower range, failing to reclaim the 20-week moving average. |
| Strong | Long-term Downtrend | Bearish | N/A | Consistent series of lower highs and lower lows visible over the multi-year period, confirmed by moving average alignment. |
Frequently Asked Questions about NKE
What is the current sentiment for NKE?
The short-term sentiment for NKE is currently Bearish because Price is trading below the 20-week and 50-week SMAs, with the RSI below 50 indicating weak momentum. The recent candle is testing the lower end of the consolidation range.. 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 $59.80 and $52.50. 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 57/100. 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.