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blue-chip

Bearish Momentum in this NYSE-Listed Footwear– NIKE Inc

Apr 04, 2025 | Team Kalkine
Bearish Momentum in this NYSE-Listed Footwear– NIKE Inc
Image source: shutterstock

NKE:NYSE
Investment Type
Large-cap
Risk Level
Action
Rec. Price (US$)

Company Overview: NIKE, Inc. (NYSE: NKE) is engaged in the designing, marketing and distributing of athletic footwear, apparel, equipment and accessories and services for sports and fitness activities. The Company's operating segments include North America; Europe, Middle East & Africa (EMEA); Greater China; and Asia Pacific & Latin America (APLA).

As per our previous US Diversified Opportunities Report published on ‘NKE’ on 20th March 2025, Kalkine provided a ‘Buy’ stance on the stock at USD 72.99, based on recent business and financial updates, attractive valuation, mention key risk, higher probability metrics, optimistic outlook, and current trading levels.

Current Macro and company specific rationales:

Noted below are the details of support and resistance levels provided in our previous report:

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