Nike technical analysis charts

1. December 17, 2015
NKE: Nike technical analysis charts
On Wednesday, compared to Tuesday, price action opened higher (129.37, vs
Tuesday's close of 128.61), saw a higher high (131.20, vs Tuesday's high of 130.00)
and higher low (128.82, vs Tuesday's low of 128.35); and closed higher (130.93, vs
Tuesday's close of 128.61). The day's range was 238 ticks.
On the 20-DAY MOVING AVERAGE ENVELOPE CHART below, price action rose
towards the middle of the 20 day moving average envelope (131.01). The
parameters of the envelope (127.08-134.94) are pointing higher.
The RSI (53.02) below is in neutral mode between the key 20 (oversold) and 80
(overbought) levels.

2. December 17, 2015
The MACD 12 day moving average is below the MACD 26 day moving average;
both are above zero.
The Slow Stochastics, below, generated a positive signal, as the K line crossed
above the D line.
The Commodity Channel Index (-23.04), below, is in positive mode above the
oversold -200 level.
On the DAILY BOLLINGER BANDS CHART below, Wednesday represents the 1st
consecutive entire day below the middle of the Bollinger Band envelope (131.01).
The Bollinger Bands (125.93-136.09) are converging; and narrowed from a width
of 1,114 ticks on Tuesday to a width of 1,016 ticks on Wednesday.

3. December 17, 2015
On the 5 AND 20 DAY MOVING AVERAGES CHART below, the 5 day moving
average (128.47, moving up) is below the 20 day moving average (131.01, moving
up); in negative mode. The 3-50 day strip of moving averages ranges from the 5
day moving average (128.47) at the bottom of the range to the 20 day moving
average (131.01) at the top of the range.
The Parabolic Stop and Reverse (132.27) below is in the 10th day of sell mode.

4. December 17, 2015
On the WEEKLY BOLLINGER BANDS CHART below, last week represents the 8th
consecutive entire week below the top Bollinger Band (140.61). The Bollinger
Bands (105.60-140.61) are pointing higher; expanding from a width of 3,488 ticks
on Tuesday to a width of 3,501 ticks on Wednesday.