Nike's most recent trend suggests a bearish bias. One trading opportunity on Nike is a Bear Call Spread using a strike $77.50 short call and a strike $82.50 long call offers a potential 29.53% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $77.50 by expiration. The full premium credit of $1.14 would be kept by the premium seller. The risk of $3.86 would be incurred if the stock rose above the $82.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Nike is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Nike is bearish.
The RSI indicator is at 30.79 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Nike
Companies diary: December 16 – December 22
Sun, 15 Dec 2013 14:10:08 GMT
Financial Times – Diary commentary from FT reporters; data and company announcements, unless otherwise stated, from Thomson Reuters. Company announcements are of information publicly available before last week. < The ...
5 Clothing Stocks for 2014
Sat, 14 Dec 2013 15:12:00 GMT
Motley Fool – Next year offers investors plenty of great ways to play the retail apparel market — here are the top clothing stocks for 2014. Our analyst looks at Fifth & Pacific, Nike, VF Corp., lululemon, and Under …
To Lower Tariffs, Vietnam Pushes for Easing Trade Rules
Sat, 14 Dec 2013 01:13:23 GMT
New York Times – Vietnam helps supply much of the apparel worn in the Western world, and negotiations with Europe are being watched with especially close care.
9:57 am Nike – – 50 Day Alert
Thu, 12 Dec 2013 23:22:43 GMT
Briefing.com – 9:57 am Nike – – 50 Day Alert
Apple iWatch, Square IPO: 10 Tech Predictions For 2014 (Update 1)
Thu, 12 Dec 2013 19:42:00 GMT
TheStreet – Apple, Square, and Yahoo! will make headlines next year as the tech world rapidly evolves.
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