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

NKE earnings
2019-09-24

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

AFTER THE REPORT2019-09-24
-8.0%0.0%+18.0%Report close+20 sessions
NKESPYReturn from pre-report close
Next-open gap+5.28%
First session+4.16%
Five sessions+5.85%
20 sessions+9.66%

Objective read

The reaction, under the hood

The first regular session closed +4.16% from the pre-report close of $87.18. Volume ran at 4.92 times the prior 20-session baseline, which HPT classifies as elevated participation.

By session 20, NKE was +9.66% while SPY was +1.06%. The +8.60% 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 55.0. The first-session range was 1.75 ATR with the close at 25% of that session's range.