Nike, week 18 of a sell signal
Nike: the 8.2% bounce breaks the decline's rhythm
Nike, week 18 of a sell signal
In Summary
Week 18 of the sell signal on Nike, and the week closed with an 8.2% recovery, buy volume up to 81% from 15% the week before. The technical picture of recent weeks has lightened: the MACD histogram turned positive after months below zero, and on the daily chart price bounced off the 20-day moving average. Worth watching whether the pace holds or fades.
IQS Phase
68
in tension
Signal Strength
37
decline losing steam
Sizing
REDUCED
Ranking
#69 / 137
US stocks
Trade P&L %
+22.66%
from signal to today
restricted Platinum content