NOKIA OYJ (NOKIA.HE) Stock Technical Analysis
HEL:NOKIA - Nasdaq Helsinki Ltd - FI0009000681 - Common Stock - Currency: EUR
Taking everything into account, NOKIA scores 8 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, NOKIA is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that NOKIA is one of the better performing stocks in the market, outperforming 78% of all stocks. On top of that, NOKIA also shows a nice and consistent pattern of rising prices.
NOKIA is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so NOKIA is performing more or less in line with the market.
In the last month NOKIA has a been trading in the 4.28 - 4.78 range, which is quite wide. It is currently trading near the high of this range.
NOKIA has an average volume of 6345830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NOKIA has an excellent technical rating, but the quality of the setup is only medium 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
3.87
5.05
When analyzing the support we can see 4 important areas.
- A support zone ranging from 4.46 to 4.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.23 to 4.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.15 from a horizontal line in the daily time frame.
- Support @3.91 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.89 to 5.00. 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 NOKIA.HE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NOKIA.HE is up. |
| ChartMill Relative Strength | 78.07 | POSITIVE | NOKIA.HE has a high relative strength, it outperformed 78.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NOKIA.HE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NOKIA.HE is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NOKIA.HE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.59 | NEUTRAL | The RSI value for NOKIA.HE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests NOKIA.HE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.86 | OVERBOUGHT | The high Stochastics value suggests NOKIA.HE may be overbought. |
| Average True Range in percent/ATR (20) | 2 | MEDIUM VOLATILITY | The ATR as a percentage value for NOKIA.HE suggests some volalility. |
| Average Directional Index/ADX (14) | 13.69 | NEGATIVE | The low ADX value for NOKIA.HE 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 |
|---|---|---|---|
| 4.79 | 4.52 | 0.27 (5.65%) | 17.69% |
| An entry @4.79. This is a Buy Stop order right above the 10 day high. | An exit @4.52. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.27 points, which is 5.65%. | When investing 17.69% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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 (5/23/2025, 5:30:45 PM)
4.701
-0.05 (-1.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.11%
1 Week1.84%
2 Weeks5%
1 Month10.61%
3 Month-2.12%
6 Month17.67%
12 Month32.2%
2 Year23.91%
3 Year0.6%
5 Year32.12%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%2%
ATR Inc32.85%
Range Today0.16
ADR(20)0.09
ADR(20)%1.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.07
Mansfield1.1
10 Day High4.78
10 Day Low4.53
20 Day High4.78
20 Day Low4.28
52 Week High5.04
52 Week Low3.21
CS1 End4.66
CR1 Start4.89
Volume & EV
DER(3)2.95%
DER(5)5.1%
Volume5.62M
Volume Incr-15.13%
Vol(5)4.84M
Vol(50)6.35M