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

NKE earnings
2018-12-20

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

AFTER THE REPORT2018-12-20
-13.0%0.0%+23.0%Report close+20 sessions
NKESPYReturn from pre-report close
Next-open gap+8.53%
First session+7.17%
Five sessions+8.60%
20 sessions+19.58%

Objective read

The reaction, under the hood

The first regular session closed +7.17% from the pre-report close of $67.53. Volume ran at 3.71 times the prior 20-session baseline, which HPT classifies as elevated participation.

By session 20, NKE was +19.58% while SPY was +6.35%. The +13.23% 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 33.7. The first-session range was 1.14 ATR with the close at 37% of that session's range.