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

NKE earnings
2018-03-22

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

AFTER THE REPORT2018-03-22
-8.0%0.0%+13.0%Report close+20 sessions
NKESPYReturn from pre-report close
Next-open gap+3.54%
First session+0.33%
Five sessions+3.14%
20 sessions+2.59%

Objective read

The reaction, under the hood

The first regular session closed +0.33% from the pre-report close of $64.42. Volume ran at 2.44 times the prior 20-session baseline, which HPT classifies as elevated participation.

By session 20, NKE was +2.59% while SPY was +1.12%. The +1.48% 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 41.8. The first-session range was 2.21 ATR with the close at 6% of that session's range.