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 5.04% return on risk over the next 36 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 $0.24 would be kept by the premium seller. The risk of $4.76 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 below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Nike
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Sun, 19 Jan 2014 13:25:24 GMT
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Sat, 18 Jan 2014 20:18:58 GMT
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Sat, 18 Jan 2014 15:06:22 GMT
Motley Fool – Johnny Manziel is one of the biggest celebrities to come out of college football in recent memory. How many millions will he make as an NFL quarterback?
Dow Today: International Business Machines (IBM) Leads The Day Higher, Nike (NKE) Lags
Fri, 17 Jan 2014 21:30:00 GMT
TheStreet – The Dow component that led the way higher today was International Business Machines (NYSE: IBM ), which sported a $1.33 gain (+0.7%) bringing the stock to $190.09. Holding the Dow back today was Nike (NYSE: …
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