Nike (NKE) Technical Analysis: Support, Resistance & Pivot Today (Oct 28, 2026)
What drives the technical score
- Intraday view is bullish
- Price above the 20-day average
- Daily RSI 56, positive momentum
- Daily MACD above its signal line
- 5-day down 0.7%
- Daily view is bullish
- Price above the 50-day average
- 20-day up 4.8%
- Daily MACD above zero
- 20-day average below the 50-day
- Weekly MACD above its signal line
- Price below the 40-week average
- 10-week average below the 40-week
- 6-month down 15.6%
- Weekly RSI 38, weak momentum
The technical score combines several pieces of technical evidence, including moving-average position, momentum, recent performance, our level views and active chart patterns; more filled segments mean the evidence agrees more strongly. Support and resistance are the nearest levels from the intraday and short-term views. For reference only; not investment advice.
Nike (NKE): Bullish above the pivot
Our preference
Above 37.21, look for a move towards 38.35.
Alternative scenario
Below 37.21, expect 36.77 and 36.51.
Comment
As long as price holds above the pivot, the upside structure remains intact. RSI is at 49 and MACD is below its signal line.
Full level ladder
| Resistance 3 | 38.88 |
| Resistance 2 | 38.62 |
| Resistance 1 | 38.35 |
| Price | 37.44 |
| Pivot | 37.21 |
| Support 2 | 36.77 |
| Support 3 | 36.51 |
Nike (NKE): Bullish above the pivot
Our preference
Above 35.72, look for a move towards 39.39.
Alternative scenario
Below 35.72, expect 34.36 and 33.55.
Comment
As long as price holds above the pivot, the upside structure remains intact. RSI is at 56 and MACD is above its signal line.
Full level ladder
| Resistance 3 | 41.05 |
| Resistance 2 | 40.22 |
| Resistance 1 | 39.39 |
| Price | 37.44 |
| Pivot | 35.72 |
| Support 2 | 34.36 |
| Support 3 | 33.55 |
AI market story
Updated 2026-10-28 13:48 UTC+8Nike leans bullish but momentum fades near 37.21
Nike trades at 37.44, down 0.9% on the day and 0.74% over five days, yet up 4.79% over 20 days and above its 20-day average of 36.02. Daily RSI eased from 62 to 56 and the MACD histogram has shrunk three sessions straight, so momentum is cooling.
Price journey: up or down lately?
It has been falling recently: down 0.9% on the day and 0.74% over five days to 37.44, though still up 4.79% over 20 days, so this looks like a pullback after a run.
Trend: which way is the bigger picture pointing?
The short and medium term lean bullish while the long term leans bearish. Price sits above the 20-day average of 36.02 but is still wrestling with the 50-day at 36.90; the daily bullish view holds only above 35.72.
Momentum: gaining or losing strength?
Momentum is weakening. Daily RSI fell from 62 five days ago to 56, and although MACD is above its signal line, the histogram has contracted for three straight sessions.
Key levels: which prices matter next?
Watch the intraday pivot at 37.21 first; holding above it keeps the bullish view alive toward 38.35 and 38.62, while a break opens 36.77. On the daily chart, watch 35.72 against 39.39 and 40.22.
FOMC and core PCE back-to-back lift Nike volatility
The FOMC decision lands at 02:00 on Oct 29, with the lower bound seen at 3.75 and the upper at 4, both unchanged. Core PCE month-over-month is due at 20:30 the same day, expected at 0.3 versus 0.2 prior, alongside Q3 GDP at 3.
What is coming up on the calendar?
The key item is the FOMC decision at 02:00 on Oct 29, with the lower bound expected at 3.75 and the upper at 4, both matching prior values. Core PCE month-over-month follows at 20:30, expected at 0.3 versus 0.2 prior.
This content was generated with the assistance of AI from the Borearis Research Team's market data and analysis. For reference only; not investment advice. How we produce this content
Volatility stop
Nike (NKE) is above its daily long trailing stop. Long positions can reference 35.22 (6.30% away); it only moves up. A daily close below 35.22 signals the trend is weakening.
Calculated from the 22-day high (low) minus (plus) 3 times the average true range on the daily chart, and it only moves in the trend's favour. A common trailing-stop method, for reference only; not investment advice.
Thick line = trailing stop (green uptrend, red downtrend); vertical line = latest trend change; last 90 daily bars
Technical picture
- Price is above the 20- and 50-day moving averages, a constructive medium-term structure.
- Daily RSI is 56, positive momentum.
- Daily MACD is above its signal line; daily momentum is up.
- Price is inside the daily Bollinger Bands (33.08 to 38.96).
Related economic events this week
| 10-27 22:00 | United States Oct Richmond Fed Manufacturing Index | -2 |
| 10-27 22:00 | United States Oct Conference Board Consumer Confidence Index | 91.7 |
| 10-29 02:00 | United States FOMC Rate Decision (Lower Bound) High | 3.75 |
| 10-29 02:00 | United States FOMC Rate Decision (Upper Bound) High | 4 |
| 10-29 04:30 | United States Alphabet Q3 Earnings Call High | — |
| 10-29 05:00 | United States Microsoft Q3 Earnings Call High | — |
| 10-29 20:30 | United States Sep Core PCE Price Index MoM High | 0.3 |
| 10-29 20:30 | United States 3Q Real GDP Annualized QoQ Prelim High | 3 |
Times in UTC+8. Grey = forecast. Full economic calendar →
News and sentiment for Nike (NKE)
None of the financial news we collected in the last 7 days mentioned Nike (NKE) directly.
Trade signals for Nike (NKE)
Short-term Signals 30-minute · held a few hours to a day
No recent short-term signals for Nike (NKE).
All short-term signals and results →
Swing Signals 1-hour and 4-hour · held a day to a week
No recent swing signals for Nike (NKE).
Chart patterns in play for Nike (NKE)
No active 15-minute to 4-hour patterns for Nike (NKE) right now.
FAQ
Where are Nike (NKE) support and resistance levels today?
Intraday resistance: 38.35, 38.62, 38.88. Support: 37.21, 36.77, 36.51. Pivot: 37.21 (updated Oct 28, 2026 15:09 UTC+8).
Is Nike (NKE) bullish or bearish now?
Intraday: bullish. Short-term (daily): bullish. Bullish above 37.21, targeting 38.35 and then 38.62.
How has Nike (NKE) been trading lately?
Nike leans bullish but momentum fades near 37.21. Nike trades at 37.44, down 0.9% on the day and 0.74% over five days, yet up 4.79% over 20 days and above its 20-day average of 36.02. Daily RSI eased from 62 to 56 and the MACD histogram has shrunk three sessions straight, so momentum is cooling.
How do I read the Nike (NKE) technical score?
Currently short-term bullish, medium-term bullish, long-term bearish. The technical score combines several pieces of technical evidence, such as moving-average position, momentum, recent performance, our level views and active chart patterns, into short-, intermediate- and long-term readings. More filled segments mean the evidence points the same way; neutral means bullish and bearish evidence are balanced.
Where should a stop loss go on Nike (NKE)?
Nike (NKE) is above its daily long trailing stop. Long positions can reference 35.22 (6.30% away); it only moves up. A daily close below 35.22 signals the trend is weakening.
Which economic events matter for Nike (NKE) next?
FOMC and core PCE back-to-back lift Nike volatility. The FOMC decision lands at 02:00 on Oct 29, with the lower bound seen at 3.75 and the upper at 4, both unchanged. Core PCE month-over-month is due at 20:30 the same day, expected at 0.3 versus 0.2 prior, alongside Q3 GDP at 3.
What is the pivot?
The pivot is the line in the sand for the view. In a bullish view it sits below price; a close below it invalidates the view and a new set of levels is drawn. The reverse applies to a bearish view.
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