Check historical price trends and seasonality for Nike, Inc. (NKE).
Nike, Inc. (NKE) average YTD return over the past 10 years is +3.39%.
Over the past 10 years, the return for the specified period (Feb 8 for 60 days) is -1.41%.
4 wins 4 losses with a win rate of 50.00%.
1) Overview:
Nike's stock price tends to experience a bearish phase from March through early July, with a significant dip of -7.5% around May 23. After a period of consolidation, the stock enters a bullish phase starting in December, culminating in gains of +4.4% by December 21 and +3.3% by December 31. This suggests a pattern of weakness in the first half of the year, followed by strength towards the end of the year.
2) Buy-the-dip points:
Based on the data, potential buying opportunities arise during the significant pullback in late spring. Specifically, the period around May 23, which sees an average decline of -7.5%, could represent a favorable entry point. The extended weakness throughout March and April, with declines reaching -6.3% around April 8, also provides opportunities to accumulate shares at discounted prices, anticipating a rebound later in the year.
3) Summary:
The seasonality data suggests a strategy of accumulating Nike shares during periods of weakness, particularly in late spring around May 23. Investors might consider establishing or increasing their positions during these pullbacks, anticipating a potential rally towards the end of the year. However, it's crucial to consider this seasonal tendency alongside other fundamental and technical factors before making investment decisions.
| Year | Start Date | Start Price | End Date | End Price | Return | Rate (%) |
|---|---|---|---|---|---|---|
| 2024 | 2024-02-08 | 103.7700 | 2024-04-07 | 88.8400 | -14.9300 | -14.39 |
| 2023 | 2023-02-08 | 122.9100 | 2023-04-08 | 120.2200 | -2.6900 | -2.19 |
| 2022 | 2022-02-08 | 143.5300 | 2022-04-08 | 128.1500 | -15.3800 | -10.72 |
| 2021 | 2021-02-08 | 143.4100 | 2021-04-08 | 133.6800 | -9.7300 | -6.78 |
| 2019 | 2019-02-08 | 82.3600 | 2019-04-08 | 84.7300 | 2.3700 | 2.88 |
| 2018 | 2018-02-08 | 62.4900 | 2018-04-08 | 67.5500 | 5.0600 | 8.10 |
| 2017 | 2017-02-08 | 53.8800 | 2017-04-08 | 55.1100 | 1.2300 | 2.28 |
| 2016 | 2016-02-08 | 55.0400 | 2016-04-07 | 60.3000 | 5.2600 | 9.56 |
| Avg | 95.9238 | 92.3225 | -3.60 | -1.41 |
| Day \ Month | Jan Total +0.45% | Feb Total -0.11% | Mar Total -3.94% | Apr Total -0.54% | May Total -1.39% | Jun Total +3.31% | Jul Total +2.55% | Aug Total +1.02% | Sep Total -2.98% | Oct Total -0.62% | Nov Total +5.51% | Dec Total +1.96% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Avg +0.12% | 0.00% | +0.44% | -0.11% | -0.34% | -0.58% | -0.26% | +0.84% | -0.43% | +0.58% | +0.73% | +0.09% | +0.47% |
| 2 Avg +0.04% | -0.22% | -0.02% | +0.47% | -0.48% | +0.69% | +1.11% | +0.30% | -0.49% | -0.44% | -1.02% | +0.33% | +0.25% |
| 3 Avg -0.23% | -0.24% | -0.23% | -0.84% | -1.37% | -0.55% | +0.10% | -0.40% | +0.59% | -0.52% | -0.17% | +0.47% | +0.46% |
| 4 Avg +0.13% | +0.36% | +0.07% | -0.64% | +0.39% | +0.03% | +0.41% | 0.00% | -0.06% | -0.11% | +0.32% | +0.77% | +0.01% |
| 5 Avg -0.06% | -0.02% | -0.96% | -0.45% | -0.08% | -0.60% | +0.01% | 0.00% | -0.05% | -0.20% | +0.53% | +0.68% | +0.39% |
| 6 Avg -0.04% | +0.16% | -0.06% | -0.39% | +0.37% | -0.24% | +0.32% | +0.01% | +0.58% | -0.16% | -0.11% | -0.53% | -0.40% |
| 7 Avg 0.00% | -0.19% | -0.42% | -0.91% | -0.31% | +0.72% | +0.43% | +0.21% | +0.29% | +0.02% | -0.47% | +0.22% | +0.34% |
| 8 Avg -0.13% | +0.17% | -1.08% | +0.13% | -0.68% | +0.23% | +0.21% | -0.13% | +0.31% | -0.37% | -0.11% | -0.23% | 0.00% |
| 9 Avg -0.02% | -0.25% | +0.95% | -0.16% | +1.45% | -0.44% | -0.56% | -0.24% | -0.37% | +0.20% | +0.07% | -0.38% | -0.52% |
| 10 Avg -0.08% | -0.36% | +0.82% | +0.34% | -0.90% | -0.51% | -0.25% | +0.48% | +0.27% | -0.07% | -1.06% | +0.11% | +0.17% |
| 11 Avg +0.10% | +0.41% | -0.27% | -0.27% | -0.06% | -0.50% | -0.70% | -0.26% | +0.16% | +0.45% | +0.06% | +1.17% | +1.06% |
| 12 Avg +0.15% | -0.02% | +0.86% | -1.35% | +0.64% | +0.17% | -0.06% | +0.28% | +0.22% | +0.24% | +0.48% | 0.00% | +0.34% |
| 13 Avg +0.11% | -0.08% | +0.24% | +0.13% | -0.02% | +0.12% | -0.58% | -0.09% | +1.14% | -0.86% | +0.64% | +0.40% | +0.28% |
| 14 Avg +0.04% | -0.31% | +0.60% | -0.13% | +0.86% | +0.34% | +0.45% | -0.10% | -0.29% | +0.29% | -0.29% | -0.50% | -0.42% |
| 15 Avg +0.15% | +0.01% | +0.52% | +0.53% | -0.09% | +0.06% | +0.14% | -0.05% | +0.10% | -0.20% | +0.21% | +0.71% | -0.09% |
| 16 Avg -0.10% | -0.47% | -0.27% | -0.50% | +0.08% | -0.11% | -0.59% | -0.07% | +0.45% | -0.20% | +0.54% | +0.43% | -0.45% |
| 17 Avg +0.19% | +0.32% | +0.09% | +1.16% | +1.34% | +0.20% | -0.32% | -0.07% | -0.62% | -0.21% | +0.34% | +0.34% | -0.31% |
| 18 Avg -0.08% | -0.06% | +0.64% | -0.13% | -0.19% | -0.14% | +0.02% | -0.31% | -0.41% | +0.01% | +0.11% | -0.33% | -0.14% |
| 19 Avg -0.24% | +0.26% | -0.24% | -0.02% | 0.00% | -0.74% | -0.36% | +0.41% | +0.03% | -0.17% | -0.33% | -0.24% | -1.53% |
| 20 Avg -0.07% | +0.43% | -0.04% | -0.26% | -0.66% | +0.06% | +0.07% | +0.25% | +0.28% | +0.06% | +0.01% | -0.40% | -0.62% |
| 21 Avg +0.45% | +0.52% | -0.49% | +0.04% | +0.01% | -0.10% | +0.69% | +0.78% | +0.14% | -0.54% | +0.43% | +0.47% | +3.41% |
| 22 Avg -0.32% | -0.20% | -0.42% | -2.53% | -0.29% | -0.37% | +0.13% | +0.36% | -0.08% | +0.34% | +0.25% | +0.76% | -1.80% |
| 23 Avg -0.03% | +0.25% | -0.07% | -0.73% | +0.09% | -0.43% | +0.67% | +0.12% | -0.29% | +0.84% | -0.51% | -0.16% | -0.11% |
| 24 Avg -0.02% | -0.05% | 0.00% | +1.11% | +0.55% | +0.11% | -0.01% | -0.81% | +0.25% | -0.83% | -0.31% | -0.09% | -0.12% |
| 25 Avg +0.25% | -0.14% | +0.35% | +0.59% | -0.68% | 0.00% | +0.97% | +0.56% | +0.20% | +0.19% | +0.49% | +0.51% | 0.00% |
| 26 Avg +0.14% | +0.05% | 0.00% | +1.09% | -0.22% | +0.96% | -0.25% | -0.35% | -0.46% | 0.00% | -0.04% | -0.12% | +1.01% |
| 27 Avg +0.04% | -0.50% | -0.64% | -0.26% | +0.59% | +1.11% | +1.26% | -0.35% | +0.02% | -0.06% | -0.76% | +0.08% | +0.02% |
| 28 Avg -0.19% | +0.47% | -0.49% | -0.23% | +0.20% | -0.41% | -2.48% | +0.87% | +0.04% | -0.27% | -0.11% | +0.27% | -0.17% |
| 29 Avg +0.34% | +0.32% | - | +0.79% | +0.02% | -0.55% | +2.01% | +0.44% | +0.17% | +0.22% | -0.29% | +0.38% | +0.25% |
| 30 Avg -0.13% | +0.08% | - | +0.12% | -0.76% | +0.26% | +0.74% | -0.26% | -0.35% | -1.22% | +0.15% | +0.32% | -0.46% |
| 31 Avg -0.12% | -0.23% | - | -0.51% | - | -0.19% | - | +0.11% | -0.32% | - | -0.39% | - | +0.65% |
| Rank | Stock | Avg Return (%) | Wins | Losses |
|---|
