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

NKE earnings
2020-12-18

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

AFTER THE REPORT2020-12-18
-8.0%0.0%+13.0%Report close+20 sessions
NKESPYReturn from pre-report close
Next-open gap+5.49%
First session+4.91%
Five sessions+3.75%
20 sessions+4.02%

Objective read

The reaction, under the hood

The first regular session closed +4.91% from the pre-report close of $137.28. Volume ran at 2.57 times the prior 20-session baseline, which HPT classifies as elevated participation.

By session 20, NKE was +4.02% while SPY was +3.98%. The +0.04% 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 56.1. The first-session range was 2.21 ATR with the close at 28% of that session's range.