RY 174.39 2.4016% SHOP 149.115 2.5974% TD-PFM 24.63 -0.0811% TD-PFL 24.7 0.2028% TD 78.325 0.1214% ENB 60.6 1.3039% BN 80.4 1.9787% TRI 226.27 0.7525% CNQ 48.285 2.2771% CP 104.53 1.6038% CNR 151.74 1.5459% BMO 132.69 0.9203% BNS 78.845 0.1715% CSU 4600.2002 2.157% CM 91.15 0.474% MFC 45.79 1.6878% ATD 78.38 1.5285% NGT 60.14 0.0499% TRP 70.15 1.977% SU 57.44 0.5954%

blue-chip

One NYSE- Listed Footwear Stock at Resistance Level: NKE

Aug 22, 2024 | Team Kalkine
One NYSE- Listed Footwear Stock at Resistance Level: NKE

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

NIKE, Inc.

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 Dailies report published on ‘NKE’ on 22nd July 2024, Kalkine provided an ‘Buy’ stance on the stock at USD 73.60 based on fundamental analysis and the stock price has now moved by ~13.52% since then and is trading near resistance 2.

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

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