Nike(NKE)

Nike (NKE) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for NKE · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$42.21last close · Jul 22, 202652-week range $40.00 – $80.17 · 47.35% below the high

Falling Wedge · playing out now

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 $42.48, the setup is intact — a daily close back below there is the cue to step away.

A natural first target sits near $49.91 — 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 Falling Wedge Pattern

NKE is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 2026.

DirectionBullishTarget$49.91Projected move+14.6%Breakout level$43.86

New to this pattern? What a falling wedge is and how to trade it →

How Falling Wedges Have Performed

Win rate

56.4%

Avg return

+0.52R

Backtested trades

10,683

NKE win rate

72.2%

Historical pattern statistics (1987-01-30 – 2026-07-17), not a prediction.

How these backtests work →

NKE Pattern Trade History

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	+13.0% · +1.23R
Triangle	Feb 17, 2026 @ $64.11	Mar 3, 2026 @ $59.39	Loss	+19.1% · -1.45R
Triangle	Jan 27, 2026 @ $64.75	Mar 12, 2026 @ $54.71	Win	+18.5% · +5.58R
Triangle	Dec 11, 2025 @ $65.88	Dec 19, 2025 @ $58.71	Loss	+13.6% · -2.47R
Triangle	Sep 5, 2025 @ $74.34	Oct 10, 2025 @ $67.19	Win	+10.4% · +1.23R
Triangle	Jun 13, 2025 @ $61.66	Jun 27, 2025 @ $72.04	Loss	+8.9% · -3.25R
Triangle	May 9, 2025 @ $59.30	Jun 13, 2025 @ $60.53	Win	+10.9% · +0.27R
Falling Wedge	Nov 22, 2024 @ $76.12	Jan 6, 2025 @ $72.00	Loss	+9.0% · -1.21R
Rising Wedge	Jun 26, 2024 @ $93.47	Jun 28, 2024 @ $88.74	Win	+6.0% · +1.04R
Triangle	May 31, 2024 @ $94.00	Jun 28, 2024 @ $75.37	Loss	+6.7% · -4.76R
Falling Wedge	Mar 22, 2024 @ $93.84	Jun 28, 2024 @ $88.27	Win	+8.6% · +0.69R
Rising Wedge	May 10, 2023 @ $123.93	May 17, 2023 @ $115.66	Win	+7.6% · +1.74R

Recent Falling Wedges on Other Charts

ALNYhit target +18.8%Jul 22, 2026 BAstopped −7.9%Jul 21, 2026 BDXhit target +2.8%Jul 21, 2026 HIIhit target +13.1%Jul 21, 2026

Learn about falling wedge

NKE Support and Resistance Levels

Nothing notable near price right now — the chart is quiet on the weekly view, and that's perfectly normal.

Much of the time charts simply drift between levels; the best reads are worth waiting for.
Keep an eye out for price approaching a floor (where it tends to steady) or a ceiling (where it tends to stall) — that's usually where the next readable move begins.

NKE Recent Daily Prices

Date	Open	High	Low	Close
Jul 22, 2026	$42.45	$42.91	$41.57	$42.21
Jul 21, 2026	$43.06	$43.56	$42.75	$42.96
Jul 20, 2026	$43.84	$43.84	$42.83	$43.47
Jul 17, 2026	$44.52	$44.98	$43.52	$43.76
Jul 16, 2026	$42.90	$44.67	$42.90	$44.57
Jul 15, 2026	$43.00	$43.58	$42.48	$42.77
Jul 14, 2026	$44.31	$44.49	$42.47	$42.86
Jul 13, 2026	$44.76	$44.90	$43.67	$43.76
Jul 10, 2026	$43.42	$44.63	$43.06	$44.37
Jul 9, 2026	$42.69	$43.06	$42.13	$42.78

NKE Frequently Asked Questions

What chart pattern is NKE forming right now?

As of Jul 22, 2026, TradingPal's detector identifies a falling wedge on Nike (NKE) on the daily chart, with a measured-move target of $49.91.

Is a falling wedge bullish or bearish?

The falling wedge detected on NKE is a bullish pattern, projecting a measured-move target of $49.91. See its full backtested track record above — that's the real edge, not the textbook label.

How reliable is a falling wedge pattern, and what is its win rate?

Across TradingPal's backtest of the falling wedge family (10,683 trades over 628 symbols), it resolved in the expected direction 56.4% of the time with an average of +0.52R. These are historical statistics, not a prediction.

What is the price target if NKE's pattern breaks out?

The detected falling wedge has a geometry-based measured-move target of $49.91 (pattern height projected from the breakout). This is a technical target, not a recommendation.

What was NKE's closing price on Jul 22, 2026?

Nike (NKE) last closed at $42.21 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.