Auto-detected technical analysis for NKE · data as of Aug 4, 2026. The chart above is live; the read below updates daily.
NKE just broke higher out of a falling wedge — a brief, tidy pause inside a strong run. That's usually a breather before another push up.
On this chart, setups like it have followed through about 73% of the time.
As long as price stays above $40.00, the setup is intact — a daily close back below there is the cue to step away.
A natural first target sits near $50.19 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.
NKE is currently forming a falling wedge on the daily timeframe. Detected Aug 4, 2026.
New to this pattern? What a falling wedge is and how to trade it →
Historical pattern statistics (2006-08-04 – 2026-08-03), not a prediction.
Every completed pattern trade our nightly backtest found on NKE's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Rising Wedge | Feb 27, 2026 @ $62.72 | Mar 9, 2026 @ $55.63 | Win | +1.23R |
| Triangle | Feb 17, 2026 @ $64.07 | Mar 3, 2026 @ $59.39 | Loss | -1.45R |
| Triangle | Jan 27, 2026 @ $64.75 | Mar 12, 2026 @ $54.71 | Win | +5.58R |
| Triangle | Dec 11, 2025 @ $66.39 | Dec 19, 2025 @ $58.71 | Loss | -2.25R |
| Triangle | Sep 5, 2025 @ $74.34 | Oct 10, 2025 @ $67.19 | Win | +1.23R |
| Triangle | Jun 13, 2025 @ $61.66 | Jun 27, 2025 @ $72.04 | Loss | -3.25R |
| Triangle | May 9, 2025 @ $59.30 | Jun 13, 2025 @ $60.53 | Win | +0.27R |
| Falling Wedge | Nov 22, 2024 @ $76.12 | Jan 6, 2025 @ $72.00 | Loss | -1.21R |
| Rising Wedge | Jun 26, 2024 @ $93.47 | Jun 28, 2024 @ $88.74 | Win | +1.04R |
| Triangle | May 31, 2024 @ $94.00 | Jun 28, 2024 @ $75.37 | Loss | -4.76R |
| Triangle | May 16, 2024 @ $92.80 | Jun 28, 2024 @ $75.37 | Loss | -6.43R |
| Triangle | May 7, 2024 @ $94.08 | Jun 28, 2024 @ $75.37 | Loss | -4.69R |
A chance to go short showed up on the weekly chart about 3 weeks ago: price ran up to $42.33 — a level traders often watch as a target (261.8% of the prior move) — and has since turned back below it, the kind of rejection a short plays for.
Nearest auto-detected support sits near $40.93, resistance near $41.82. These are chart/swing-derived levels, not formula pivots.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Aug 4, 2026 | $41.35 | $42.09 | $40.91 | $41.53 |
| Aug 3, 2026 | $42.57 | $43.21 | $42.06 | $42.64 |
| Jul 31, 2026 | $42.02 | $42.08 | $41.49 | $41.71 |
| Jul 30, 2026 | $42.50 | $42.50 | $41.23 | $42.29 |
| Jul 29, 2026 | $42.60 | $43.69 | $42.40 | $43.22 |
| Jul 28, 2026 | $42.75 | $43.27 | $42.52 | $43.05 |
| Jul 27, 2026 | $42.15 | $42.60 | $41.58 | $42.14 |
| Jul 24, 2026 | $41.19 | $42.15 | $40.89 | $41.70 |
| Jul 23, 2026 | $41.80 | $42.08 | $40.69 | $40.99 |
| Jul 22, 2026 | $42.45 | $42.91 | $41.57 | $42.21 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.