Is NKE Worth Buying in 2026?

Nike, Inc.

STOCK RUBBER & PLASTICS FOOTWEAR Updated 2026-06-07

Here’s whether Nike, Inc. (NKE) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bearish.

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Bearish

Positives: RSI 55 — healthy momentum range. Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-3.75% over 10 days); weak 1-year return of -31.4%; 3-month momentum negative (-24.0%). Currently 46.4% off its 52-week high. Score: -5/7.

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NKE is trading below its 200-day MA ($60.23) — a key warning sign the longer-term trend is under pressure. An RSI of 55.3 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of -31.4% compares to +24.4% for SPY (trailed the market by 55.8%). The current 46.4% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.

$10,000 invested 1 year ago → $6,858 today
vs. S&P 500 (SPY) — same period trailed market by 55.8%

1-Year Price Chart

Daily candles
MA-50 MA-200 Up Down

Signal Check

Above 200-day MA ($60.23)
Above 50-day MA ($44.82)
RSI(14) neutral zone (30–70) — currently 55.3
Positive return (-31.4%)
!Within 10% of period high (−46.4%)
Period Range $42.98
$41.35 $80.17
RSI (14) 55.3
0 · OversoldOverbought · 100

Key Metrics

Price$42.98
Period Return-31.4%
Period High$80.17
Period Low$41.35
Drawdown−46.4%
MA-50$44.82
MA-200$60.23
RSI (14)55.3
Avg Volume (30d)20.8M
vs. SPYtrailed by 55.8%
Return Rank#960 of 1245

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