December 17, 2015

NKE: Nike technical analysis charts

On Wednesday, compared to Tuesday, price action opened higher (129.37, vs

Tuesday's close of 128.61), saw a higher high (131.20, vs Tuesday's high of 130.00)

and higher low (128.82, vs Tuesday's low of 128.35); and closed higher (130.93, vs

Tuesday's close of 128.61). The day's range was 238 ticks.

On the 20-DAY MOVING AVERAGE ENVELOPE CHART below, price action rose

towards the middle of the 20 day moving average envelope (131.01). The

parameters of the envelope (127.08-134.94) are pointing higher.

The RSI (53.02) below is in neutral mode between the key 20 (oversold) and 80

(overbought) levels.

December 17, 2015

The MACD 12 day moving average is below the MACD 26 day moving average;

both are above zero.

The Slow Stochastics, below, generated a positive signal, as the K line crossed

above the D line.

The Commodity Channel Index (-23.04), below, is in positive mode above the

oversold -200 level.

On the DAILY BOLLINGER BANDS CHART below, Wednesday represents the 1st

consecutive entire day below the middle of the Bollinger Band envelope (131.01).

The Bollinger Bands (125.93-136.09) are converging; and narrowed from a width

of 1,114 ticks on Tuesday to a width of 1,016 ticks on Wednesday.

December 17, 2015

On the 5 AND 20 DAY MOVING AVERAGES CHART below, the 5 day moving

average (128.47, moving up) is below the 20 day moving average (131.01, moving

up); in negative mode. The 3-50 day strip of moving averages ranges from the 5

day moving average (128.47) at the bottom of the range to the 20 day moving

average (131.01) at the top of the range.

The Parabolic Stop and Reverse (132.27) below is in the 10th day of sell mode.

December 17, 2015

On the WEEKLY BOLLINGER BANDS CHART below, last week represents the 8th

consecutive entire week below the top Bollinger Band (140.61). The Bollinger

Bands (105.60-140.61) are pointing higher; expanding from a width of 3,488 ticks

on Tuesday to a width of 3,501 ticks on Wednesday.