Objective read
The reaction, under the hood
The first regular session closed -7.05% from the pre-report close of $58.01. Volume ran at 4.11 times the prior 20-session baseline, which HPT classifies as elevated participation.
By session 20, NKE was -3.71% while SPY was -0.12%. The -3.58% spread shows whether the move remained company-specific or faded back toward the broad tape.
Before the report, price was above its 55-day EMA and RSI measured 61.7. The first-session range was 1.42 ATR with the close at 13% of that session's range.