NOKIA CORP-SPON ADR (NOK) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:NOK • US6549022043
We assign a technical rating of 4 out of 10 to NOK. In the last year, NOK was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- NOK has an average volume of 29647000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that NOK is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- NOK is part of the Communications Equipment industry. There are 48 other stocks in this industry, NOK did better than 65% of them.
- NOK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NOK is lagging the market.
- In the last month NOK has a been trading in the 6.06 - 7.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
NOK has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
4.29
2 important support areas can be observed.
- A support zone ranging from 6.28 to 6.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.33 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 6.92 to 6.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 NOK is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NOK is neutral. |
| ChartMill Relative Strength | 74.35 | POSITIVE | NOK has a high relative strength, it outperformed 74.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NOK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NOK is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NOK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.95 | NEUTRAL | The RSI value for NOK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests NOK has a negative trend. |
| Stochastics (14,3) | 55.93 | NEUTRAL | The Stochastics value for NOK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.79 | MEDIUM VOLATILITY | The ATR as a percentage value for NOK suggests some volalility. |
| Average Directional Index/ADX (14) | 20.49 | NEUTRAL | The ADX value for NOK suggests a possible start of a new trend. |
NYSE:NOK (1/30/2026, 3:29:09 PM)
6.445
+0.16 (+2.46%)
NOKIA CORP-SPON ADR / NOK FAQ
Can you provide the ChartMill technical rating for NOKIA CORP-SPON ADR?
ChartMill assigns a technical rating of 4 / 10 to NOK.
What is the trend direction for NOK stock?
The current trend direction for NOKIA CORP-SPON ADR (NOK) is Bullish.
Can you provide the RSI signal for NOKIA CORP-SPON ADR?
NOKIA CORP-SPON ADR (NOK) has an RSI value of 42.9516. This indicates that the stock is currently neutral.
What are the support and resistance levels for NOKIA CORP-SPON ADR (NOK) stock?
NOKIA CORP-SPON ADR (NOK) has a support level at 6.28 and a resistance level at 6.92. Check the full technical report for our detailed analysis of NOK support and resistance levels.