In trading on Thursday, shares of Nike crossed below their 200 day moving average of $70.10, changing hands as low as $69.22 per share. Nike shares are currently trading off about 2.6% on the day.
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The chart below shows the one year performance of NKE shares, versus its 200 day moving average:
Looking at the chart above, NKE’s low point in its 52 week range is $52.28 per share, with $90.62 as the 52 week high point — that compares with a last trade of $69.57. The NKE DMA information above was sourced from TechnicalAnalysisChannel.com