MARKET TAPEINDICES / ETF PROXIES
VIX 16.39Daily close · Oct 1
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NIKE · earnings reaction edition

NKE earnings
2016-12-20

What price, participation and market-relative performance did after this report.

AFTER THE REPORT2016-12-20
-8.0%0.0%+8.0%Report close+20 sessions
NKESPYReturn from pre-report close
Next-open gap+2.14%
First session+0.98%
Five sessions-1.49%
20 sessions+2.72%

Objective read

The reaction, under the hood

The first regular session closed +0.98% from the pre-report close of $51.79. Volume ran at 2.59 times the prior 20-session baseline, which HPT classifies as elevated participation.

By session 20, NKE was +2.72% while SPY was +0.15%. The +2.57% spread shows whether the move remained company-specific or faded back toward the broad tape.

Before the report, price was below its 55-day EMA and RSI measured 53.3. The first-session range was 1.60 ATR with the close at 42% of that session's range.