Current Price
Open: $76.74
Day Range: $76.16 - $77.48
Volume: 9.8M
Trading Levels
Entry (Breakout): $79.99
Take Profit Target: $83.72
Stop Loss: $72.53
Box Height: $7.46
Box Type: 50MA
Squeeze: MILD SQUEEZE
Key Statistics
Market Cap: $113.7B
P/E Ratio: 35.63
Dividend Yield: 2.08%
52W Low: $52.28
52W High: $90.62
Avg Volume: 15.5M
Price Chart (Last 6 Months)
Company Profile
Sector
Consumer Cyclical
Industry
Footwear & Accessories
Employees
77,800
Business Summary
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic and casual footwear, apparel, equipment, accessories, and services for men, women, and kids in North America, Europe, the Middle East, Africa, Greater China, the Asia Pacific, and Latin America. The company offers its products under the NIKE, Jordan, Jumpman, Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks. It also provides a line of performance equipment and accessori...
Trading Strategy
Entry Signal: This stock is showing a 50MA breakout pattern. Consider entering a long position if price breaks above $79.99with volume confirmation.
Take Profit: Target price is $83.72, which is the breakout level plus the box height ($7.46).
Stop Loss: Place stop loss below $72.53to limit downside risk.
Risk/Reward: Box height of $7.46 provides favorable risk/reward when combined with proper position sizing.