Strong Bullish Signal as Nike Surpasses Two Hundred Day Moving Average

Avatar photo

On Friday, shares of Nike (NKE) surpassed their 200-day moving average of $112.19, trading as high as $112.71. The stock is currently up approximately 1.4% for the day. In the past 52 weeks, Nike’s shares have fluctuated between a low of $82.22 and a high of $173.34, with the latest trade noted at $112.10.

This significant movement follows a recent trend in trading activity and signals potential changes for investors tracking Nike’s performance alongside its technical indicators.

The free Daily Market Overview 250k traders and investors are reading

Read Now