Nike's most recent trend suggests a bullish bias. One trading opportunity on Nike is a Bull Put Spread using a strike $75.00 short put and a strike $70.00 long put offers a potential 12.11% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $75.00 by expiration. The full premium credit of $0.54 would be kept by the premium seller. The risk of $4.46 would be incurred if the stock dropped below the $70.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Nike is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Nike is bullish.
The RSI indicator is at 78.86 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Nike
Nike Takes Minority Stake in Online Retail Analytics Startup Reflektion
Wed, 05 Mar 2014 02:35:46 GMT
noodls – NIKE, Inc. (NYSE:NKE), through its strategic partnerships team, has taken a minority investment in California-based start-up Reflektion, an innovator in online retail predictive analytics. Reflektion announced …
Nike Takes Minority Stake in Online Retail Analytics Startup Reflektion
Wed, 05 Mar 2014 00:47:52 GMT
noodls – NIKE, Inc. (NYSE:NKE), through its strategic partnerships team, has taken a minority investment in California-based start-up Reflektion, an innovator in online retail predictive analytics. Reflektion announced …
Factors Underlying Our ~$68 Valuation of Nike
Tue, 04 Mar 2014 18:46:00 GMT
Portugal Unveils New Nike Home Kit for 2014
Tue, 04 Mar 2014 18:25:04 GMT
noodls – The new Portugal home kit celebrates the Portuguese Football Federation's centenary by combining the best in performance innovation with powerful national symbols and design details, creating a unique …
French Football Federation Unveils New Nike Away Kit for 2014
Tue, 04 Mar 2014 18:25:03 GMT
noodls – Today atFrench Federation training groundClairefontaine, the future of French football – Raphaël Varane, Blaise Matuidi, Paul Pogba, Yohan Cabaye and Mamadou Sakho – unveiled the new French national team …
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