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Takip Edin: @UscMarketsNKE Stock Forecast & NIKE Chart Analysis
This article provides a detailed analysis of NKE-NIKE stock including a forecast for NKE shares. It features NIKE, Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
NKE Historical Data Review
NKE Current Price Performance Analysis
The NIKE - NKE stock traded on the American stock market, on 06-05-2024, closed at 94.32$ with a %-0.44 decreased compared to the previous day.
In the last month, the price of NKE changed by %1.03 increased in value, from 93.36 dollars on 05-06-2024 to 94.32 dollars, increased.
Last year, the price of NKE was 106.19 dollars on 06-06-2023, and changed by %-11.18 decreased in value, to 94.32 dollars decreased within a year.
The price of NIKE stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.
NKE with AI Stock Forecast & Price Target
On the NKE chart NIKE price was recorded as 94.32 Dollars on 06/05/2024.
The artificial intelligence's forecast on NKE stock is as follows.
The artificial intelligence's prediction error margin for NKE stock is high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for NIKE stock over the next 4 months is: 96.0 Dollars.
The commentary on NKE stock Target Price: Highest: 110.931 Dollars is predicted.
The commentary on NKE stock Target Price: Lowest: 86.162 Dollars is predicted.
Resistance Price where NIKE stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-25-2024 | 110.931 |
| 10-03-2024 | 105.521 |
| 12-27-2024 | 90.352 |
| 02-25-2025 | 87.195 |
Support Price where NIKE stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-29-2024 | 96.947 |
| 12-17-2024 | 90.347 |
| 02-20-2025 | 87.186 |
| 03-17-2025 | 86.162 |
The commentary on NKE stock: The target price can generally be said to be on the decline.
The commentary on NKE stock: Fluctuations in the target price can be expected in the coming days.
The target price for NIKE stock by the end of 2024 is predicted to be 90.352 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on NKE stock, and the 2024 target price predictions for NIKE are detailed above.
The technical analysis and charts for the commentary on NKE stock are below.
NKE Support & Resistance and Trend Analysis
NKE stock you have reviewed the technical analysis support resistance charts regarding.
NKE : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the NKE review, the NIKE support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
NIKE Support and Resistance Prices:
| NKE Support Level Price | NKE Resistance Level Price |
|---|---|
| 88.77 | 94.34 |
| 90.09 | 95.07 |
| 90.83 | 95.32 |
| 91.72 | 96.22 |
| 97.06 | 102.49 |
| 99.05 | 104.96 |
| 99.43 | 106.62 |
| 99.67 | 107.34 |
| 101.65 | 107.43 |
| 104.18 | 107.85 |
| 110.70 | |
| 123.39 |
NKE Technical Analysis: SMA, RSI, MACD
Upon reviewing the NKE chart, buy and sell signals have been generated in the NIKE technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for NKE stock are as follows:- The technical analysis for NKE indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for NKE indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for NIKE issued a 'Buy' signal when the MACD was at -0.558, with the current MACD value being: 0.254
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for NIKE stock: Click here to read more predictions on Caterpillar stock.
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