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

NKE earnings
2020-09-22

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

AFTER THE REPORT2020-09-22
-8.0%0.0%+18.0%Report close+20 sessions
NKESPYReturn from pre-report close
Next-open gap+11.42%
First session+8.76%
Five sessions+8.11%
20 sessions+9.94%

Objective read

The reaction, under the hood

The first regular session closed +8.76% from the pre-report close of $116.87. Volume ran at 5.85 times the prior 20-session baseline, which HPT classifies as elevated participation.

By session 20, NKE was +9.94% while SPY was +3.96%. The +5.98% 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 60.8. The first-session range was 1.59 ATR with the close at 36% of that session's range.