Nike, Inc. (NYSE:NKE): The Good, The Bad, The Ugly (2019-12-25)

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REPORTING FOR 2019-12-25 | WCX19.ORG: We have done an in-depth analysis of how NKE has been trading over the last 2 weeks and the past day especially. On its latest session, Nike, Inc. (NYSE:NKE) opened at 99.83, reaching a high of 100.66 and a low of 99.76 before closing at a price of 100.14. There was a total volume of 3328094.

VOLUME INDICATORS FOR NIKE, INC. (NYSE:NKE): We saw an accumulation-distribution index of 512.84152, an on-balance volume of -100.04, chaikin money flow of 1.16867 and a force index of 0.1638. There was an ease of movement rating of -0.00099, a volume-price trend of 11.27776 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR NIKE, INC. (NYSE:NKE): We noted an average true range of 0.84791, bolinger bands of 99.95198, an upper bollinger band of 99.35802, lower bollinger band of 99.76, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 100.08333, high band keltner channel of 99.25333, low band keltner channel of 100.91333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 99.76, a donchian channel low band of 99.76, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR NIKE, INC. (NYSE:NKE): We calculated a Moving Average Convergence Divergence (MACD) of -0.00471, a MACD signal of -0.00262, a MACD difference of -0.00209, a fast Exponential Moving Average (EMA) indicator of 99.76, a slow Exponential Moving Average (EMA) indicator of 99.76, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.4095, a trix of 7.27358, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -10.17299, a KST Oscillator (KST) of 113.55427 and a KST Oscillator (KST Signal) of 113.55427 (leaving a KST difference of -0.58602). We also found an Ichimoku rating of 100.245, an Ichimoku B rating of 100.245, a Ichimoku visual trend A of 92.29829, an Ichimoku visual trend B of 94.33114, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM INDICATORS FOR NIKE, INC. (NYSE:NKE): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 99.31661, a stochastic oscillator of 108.43373, a stochastic oscillator signal of 108.43373, a Williams %R rating of 8.43373 and an awesome oscillator of 0.05292.

RETURNS FOR NIKE, INC. (NYSE:NKE): There was a daily return of 11.35543, a daily log return of -0.21073 and a cumulative return of -0.21051.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-12-25 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Nike, Inc. (NYSE:NKE)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Nike, Inc. (NYSE:NKE) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.