Nike Stock Hits 12-Year Low at $38.59 as Bearish Trend Deepens

Nike stock closed at $39.06, grinding toward multi-year lows. Price sits well below all major daily EMAs in a textbook bearish alignment. The broader trend remains firmly pointed lower, with sellers still in control.

Key takeaways

• Nike stock closed at $39.06, near the lower daily Bollinger Band at $38.21, with all major EMAs stacked in bearish alignment.
• Daily RSI14 at 41.26 remains below neutral, while MACD continues to signal active bearish momentum.
• The stock hit a 12-year low at $38.59 recently, with analysts cutting price targets citing weak demand and China concerns.
• Hourly indicators show early stabilization, but the daily bearish regime has not been overridden.
• The next major catalyst is Nike’s Q1 fiscal 2027 earnings, scheduled for October 1, 2026.

Nike Stock Daily Chart: Bearish Structure Remains Intact

The daily chart confirms Nike stock remains locked in a firm bearish trend. Price closed at $39.06, sitting well below the 20, 50, and 200-period EMAs at 40.37, 41.81, and 49.90, respectively. This stacked EMA structure is a textbook bearish alignment. It signals that the broader trend is still pointing lower.

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