Nike, Inc. stock is firmly in bearish territory as of late July 2026. Closing at $41.70 on July 24, NKE sits well below its key moving averages. Strategic uncertainty over China and a counterfeit goods incident in Vietnam add further weight to an already fragile chart.

Key takeaways

• NKE closed at $41.70 on July 24, 2026, below the daily EMA20 ($42.89), EMA50 ($43.95), and EMA200 ($52.63).
• The daily RSI reads 43.25 — subdued but not oversold, confirming no technical floor has formed.
• The MACD remains negative with the line at -0.38 below the signal at -0.23.
• Nike will end all online sales through distributor Pou Sheng in China from January 1, 2027.
• Vietnamese…