NKE

Nike, Inc.Consumer Discretionary

$44.30+0.25%

Descending Triangle Rectangle Bearish Flag

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$44.30

MARAPRMAY

NKE Descending Triangle Alert

NKE is showing a classic Descending Triangle. Don't miss the move.

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Quick Actions

Trade Plan: Bearish Flag

Risk/Reward

1:7.63

Entry

$41.35

Stop

$44.40

Target

$18.07

Chart Pattern

Descending Triangle

Bearish continuation pattern.

Rectangle

Sideways movement between parallel supports.

Bearish Flag

Bearish continuation if preceding move was down.

Market Analysis

Technical analysis of Nike, Inc. (NKE) reveals a significant setup. The stock is trading at $44.3, up 0.25% on the day. Algorithmically, a Bearish Flag structure has completed. This setup is supported by average volume turnover. A potential breakout level is identified at $41.35, targeting $18.07 with support near $44.4 (R:R 7.63).

Community Sentiment

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