NOKIA CORP-SPON ADR (NOK)
US6549022043 - ADR
Taking everything into account, NOK scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NOK is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that NOK is one of the better performing stocks in the market, outperforming 80% of all stocks. We also observe that the gains produced by NOK over the past year are nicely spread over this period.
NOK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NOK is lagging the market slightly.
In the last month NOK has a been trading in the 4.16 - 4.55 range, which is quite wide. It is currently trading near the high of this range.
NOK has an average volume of 18928600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NOK is part of the Communications Equipment industry. There are 51 other stocks in this industry, NOK did better than 50% of them.
Considerably lower volume is observed in the last couple of days.
NOK has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 4.45, a Stop Loss order could be placed below this zone.
More info and screens
4.08
5.01
When analyzing the support we can see 2 important areas.
- A support zone ranging from 4.31 to 4.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.12 to 4.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 4.47 to 4.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @4.78 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 4.91 to 4.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.08
Mansfield0.22
10 Day High4.55
10 Day Low4.35
20 Day High4.55
20 Day Low4.16
52 Week High4.95
52 Week Low3.29
Performance
1 Week1.82%
2 Weeks1.36%
1 Month6.94%
3 Month2.29%
6 Month18.25%
12 Month30.7%
2 Year-3.66%
3 Year-28.13%
5 Year20.49%
10 Year-43.13%
15 Year-65.21%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)55.63
LBB4.3
UBB4.55
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 4.51 | 4.34 | 0.17 (3.77%) | 25.00% |
| An entry @4.51. This is a Buy Stop order right above the resistance zone. | An exit @4.34. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.17 points, which is 3.77%. | For a 0.94% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NOKIA CORP-SPON ADR
NYSE:NOK (12/26/2024, 8:04:01 PM)
After market: 4.48 +0.01 (+0.22%)4.47
-0.02 (-0.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-0.45%
1 Week1.82%
2 Weeks1.36%
1 Month6.94%
3 Month2.29%
6 Month18.25%
12 Month30.7%
2 Year-3.66%
3 Year-28.13%
5 Year20.49%
10 Year-43.13%
15 Year-65.21%
Volatility
ATR(14)0.1
ATR(20)%2.01%
ATR Inc-27.36%
Range Today0.08
ADR(20)0.08
ADR(20)%1.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.08
Mansfield0.22
10 Day High4.55
10 Day Low4.35
20 Day High4.55
20 Day Low4.16
52 Week High4.95
52 Week Low3.29
CS1 End4.45
CR1 Start4.47
Volume & EV
DER(3)-0.02%
DER(5)0.95%
Volume6.89M
Volume Incr-33.34%
Vol(5)10.18M
Vol(50)18.93M