NKE chart analysis today
NKE is 66 days into a downtrend, coiling inside a falling channel under a weekly downtrend. The coil is on light volume. A close above $40.00 or below $37.94 decides it.
Nike · daily · last close $38.12 · read computed from candles through 2026-09-01. No AI, no signal, no target.
The two prices that decide it
- Above
- $40.00 · the falling channel
- Below
- $37.94 · the falling channel
- Formation state
- Still forming.
- Trend
- lower highs and lower lows over the window, 5 steps across 66 bars, still intact
- Agreement
- Structure 3 of 4 (high) · indicators 3 of 3 (high)
Levels and what happened there
- Resistance $38.86
- Resistance $46.31
- Support $38.07
- The last three times price reached $38.86 it held twice, bouncing 4.5% on average, and broke through once.
- The last two times price reached $46.31 it held every time, bouncing 14% on average.
- The last two times price reached $38.07 it never held.
- Bigger picture Weekly down, daily falling. weekly — downtrend intact, bear flag at $42.21.
- 52 weeks At its 52-week low of $37.97, 51% below the 52-week high of $76.97.
Read your own NKE chart, on any timeframe
This page is the daily read as of 2026-09-01, computed when the site was last built. On /analyze the same engine reads the live candles on five timeframes, or a screenshot from any charting app, and Coach Chad writes it up. 1 free read every 7 days, no account.
Analyze NKE now →Every figure on this page was computed from real candle data through 2026-09-01 by the same deterministic engine that reads a chart on /analyze; no language model was involved. It describes what is on the chart. It is not advice, a signal, a forecast or a recommendation. Learn to read it yourself in the chart-reading series.