[May 10, 2013] Uptrend Call Working As NIKE Stock Rises 30.7% (NKE) Tweet May 10, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for NIKE (NYSE:NKE) on November 28th, 2012 at $48.94. In approximately 5 months, NIKE has returned 30.67% as of today's recent price of $63.95. Over the past year, NIKE has traded in a range of $42.55 to $64.96 and is now at $63.95, 50% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 1.3%. NIKE, Inc. designs, develops, and worldwide markets athletic footwear, apparel, equipment, and accessory products for men, women, and children. The Company also offers dress and casual footwear, apparel and accessories for men and women through a subsidiary. Nike sells its products to retail stores, through its own stores, and through a mix of independent distributors and licensees, SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of NIKE shares.Log in and add NIKE (NKE) to your watchlist today so you can receive a real-time alert when the shares are about to change trend. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup [ Back To TMCnet.com's Homepage ]