NKE

Nike, Inc.Consumer Discretionary

$45.20+2.29%

Rectangle Rounding Bottom Ascending Triangle

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$45.20

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NKE Rectangle Alert

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

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Quick Actions

Trade Plan: Rounding Bottom

Risk/Reward

1:2

Entry

$47.23

Stop

$44.11

Target

$53.47

Chart Pattern

Rectangle

Sideways movement between parallel supports.

Rounding Bottom

Gradual reversal from bearish to bullish.

Ascending Triangle

Bullish continuation pattern.

Symmetrical Triangle

Consolidation. Can break either way.

Market Analysis

Market participants tracking Nike, Inc. should note the latest formation. The stock is trading at $45.2, up 2.29% on the day. Algorithmically, a Rounding Bottom structure has completed. Buying pressure is strong relative to the 20-day average. A potential breakout level is identified at $47.23, targeting $53.47 with support near $44.11 (R:R 2.0).

Community Sentiment

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