Nike's most recent trend suggests a bullish bias. One trading opportunity on Nike is a Bull Put Spread using a strike $77.50 short put and a strike $72.50 long put offers a potential 7.76% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $77.50 by expiration. The full premium credit of $0.36 would be kept by the premium seller. The risk of $4.64 would be incurred if the stock dropped below the $72.50 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 69.31 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Nike
Men like Nike, Skechers shoes
Tue, 26 Aug 2014 22:45:00 GMT
Under Armour Courts NBA Star To Pay Ticket Into Big Leagues
Tue, 26 Aug 2014 22:21:00 GMT
Skechers, Nike Brands Rank High As Men Jump On Trends
Tue, 26 Aug 2014 19:52:00 GMT
NUS, KMB And NKE, 3 Consumer Non-Durables Stocks Pushing The Industry Lower
Tue, 26 Aug 2014 17:04:00 GMT
PGA & Liberty National ink marquee deal
Tue, 26 Aug 2014 14:24:00 GMT
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