NOKIA OYJ (NOKIA.HE) Stock Technical Analysis
HEL:NOKIA - Nasdaq Helsinki Ltd - FI0009000681 - Common Stock - Currency: EUR
We assign a technical rating of 10 out of 10 to NOKIA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NOKIA is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, NOKIA did better than 88% of all other stocks. We also observe that the gains produced by NOKIA over the past year are nicely spread over this period.
NOKIA is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month NOKIA has a been trading in the 4.61 - 4.92 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
NOKIA has an average volume of 5021460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, NOKIA also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 4.75, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
3.74
4.96
When analyzing the support we can see 4 important areas.
- A support zone ranging from 4.71 to 4.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 4.40 to 4.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.28 from a horizontal line in the daily time frame.
- Support @3.78 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @4.91 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.54
Mansfield2.01
10 Day High4.92
10 Day Low4.61
20 Day High4.92
20 Day Low4.61
52 Week High4.92
52 Week Low3.05
Performance
1 Week3.67%
2 Weeks0.04%
1 Month3.31%
3 Month17.17%
6 Month24.9%
12 Month44.73%
2 Year6.28%
3 Year-3.9%
5 Year67.77%
10 YearN/A
15 YearN/A
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)-0.01
RSI(14)56.72
LBB4.63
UBB4.88
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 |
|---|---|---|---|
| 4.92 | 4.70 | 0.22 (4.47%) | 22.36% |
| An entry @4.92. This is a Buy Stop order right above the resistance zone. | An exit @4.70. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.22 points, which is 4.47%. | For a 1.00% total portfolio risk, you can invest 22.36% 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.
HEL:NOKIA (3/7/2025, 5:30:45 PM)
4.805
-0.02 (-0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.44%
1 Week3.67%
2 Weeks0.04%
1 Month3.31%
3 Month17.17%
6 Month24.9%
12 Month44.73%
2 Year6.28%
3 Year-3.9%
5 Year67.77%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%2.05%
ATR Inc15.9%
Range Today0.07
ADR(20)0.09
ADR(20)%1.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.54
Mansfield2.01
10 Day High4.92
10 Day Low4.61
20 Day High4.92
20 Day Low4.61
52 Week High4.92
52 Week Low3.05
CS1 End4.75
CR1 Start4.91
Volume & EV
DER(3)-3.36%
DER(5)-4.29%
Volume7.75M
Volume Incr95.39%
Vol(5)8.18M
Vol(50)5.02M