NOKIA OYJ (1NOKIA.MI) Stock Technical Analysis
BIT:1NOKIA - Euronext Milan - FI0009000681 - Common Stock - Currency: EUR
Taking everything into account, 1NOKIA scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, 1NOKIA is a bad performer.
100% of all other stocks performed better in the past year than 1NOKIA.
1NOKIA is part of the Communications Equipment industry. There are 26 other stocks in this industry, of which 92% are performing better than 1NOKIA.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: 1NOKIA has an average volume of 11960 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month 1NOKIA has a been trading in the 4.26 - 4.96 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, 1NOKIA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 4.61, a Stop Loss order could be placed below this zone.
More info and screens
3.67
4.99
4 important support areas can be observed.
- A support zone ranging from 4.56 to 4.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.32 to 4.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.05 from a trend line in the daily time frame.
- Support @3.71 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @4.94 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for 1NOKIA.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 1NOKIA.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | 1NOKIA.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of 1NOKIA.MI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 1NOKIA.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 53.47 | NEUTRAL | The RSI value for 1NOKIA.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests 1NOKIA.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 63.81 | NEUTRAL | The Stochastics value for 1NOKIA.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for 1NOKIA.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 18.43 | NEGATIVE | The low ADX value for 1NOKIA.MI suggests a weak or negative trend. |
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)
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 |
|---|---|---|---|
| 4.70 | 4.55 | 0.15 (3.19%) | 25.00% |
| An entry @4.70. This is a Buy Stop order right above the 10 day high. | An exit @4.55. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.15 points, which is 3.19%. | For a 0.80% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of 1NOKIA. Please evaluate whether better entry and exit points can be found.
- 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.
BIT:1NOKIA (5/16/2025, 7:00:00 PM)
4.616
-0.04 (-0.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-0.97%
1 Week6.04%
2 Weeks2.28%
1 Month-1.86%
3 Month4.56%
6 Month39.69%
12 MonthN/A
2 Year23.84%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%3.34%
ATR Inc-70.83%
Range Today0.05
ADR(20)0.09
ADR(20)%1.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High4.69
10 Day Low4.29
20 Day High4.96
20 Day Low4.26
52 Week HighN/A
52 Week LowN/A
CS1 End4.61
CR1 Start4.94
Volume & EV
DER(3)0%
DER(5)0%
Volume9.23K
Volume Incr-43.82%
Vol(5)5.05K
Vol(50)11.96K