Nike, Inc. Stock at $41.70: Below All Major EMAs, No Floor in Sight

Nike, Inc. stock is firmly in bearish territory as of late July 2026. Closing at $41.70 on July 24, NKE sits well below its key moving averages. Strategic uncertainty over China and a counterfeit goods incident in Vietnam add further weight to an already fragile chart.

Key takeaways

• NKE closed at $41.70 on July 24, 2026, below the daily EMA20 ($42.89), EMA50 ($43.95), and EMA200 ($52.63).
• The daily RSI reads 43.25 — subdued but not oversold, confirming no technical floor has formed.
• The MACD remains negative with the line at -0.38 below the signal at -0.23.
• Nike will end all online sales through distributor Pou Sheng in China from January 1, 2027.
• Vietnamese authorities discovered nearly 50,000 pairs of allegedly fake Nike shoes in a Ho Chi Minh City factory raid.

Daily Timeframe Sets a Clear Bearish Bias for Nike, Inc. Stock

Nike, Inc. stock is in a firmly bearish daily configuration. Price sits below all three major moving averages, and no momentum reversal signal is visible.

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