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Uptrend Call Working As Nike Inc -Cl B Stock Rises 17.2% (NKE)

By Amy Schwartz

SmarTrend identified an Uptrend for Nike Inc -Cl B (NYSE:NKE) on December 31st, 2018 at $73.99. In approximately 2 months, Nike Inc -Cl B has returned 17.19% as of today's recent price of $86.71.

In the past 52 weeks, shares of Nike Inc -Cl B have traded between a low of $63.21 and a high of $87.99 and are now at $86.71, which is 37% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 1.2%.

NIKE, Inc. designs, develops, and markets athletic footwear, apparel, equipment, and accessory products for men, women, and children. The Company sells its products worldwide to retail stores, through its own stores, subsidiaries, and distributors.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Nike Inc -Cl B shares.

Log in and add Nike Inc -Cl B (NKE) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights nike inc -cl b

Ticker(s): NKE