NOKIAN RENKAAT OYJ (TYRES.HE) Stock Technical Analysis
HEL:TYRES - Nasdaq Helsinki Ltd - FI0009005318 - Common Stock - Currency: EUR
Overall TYRES gets a technical rating of 3 out of 10. TYRES scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
75% of all other stocks performed better in the past year than TYRES.
TYRES is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
In the last month TYRES has a been trading in the 5.96 - 7.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of TYRES is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
6.02
8.49
When analyzing the support we can see 2 important areas.
- Support @6.27 from a horizontal line in the weekly time frame.
- Support @6.08 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 7.08 to 7.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 7.38 to 7.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.73 from a horizontal line in the daily time frame.
- Resistance @8.41 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.6
Mansfield-1.57
10 Day High7.19
10 Day Low6.02
20 Day High7.19
20 Day Low5.96
52 Week High9.2
52 Week Low5.96
Performance
1 Week-7.63%
2 Weeks-2.45%
1 Month0.17%
3 Month0.94%
6 Month-17.53%
12 Month-23.65%
2 Year-21.61%
3 Year-50.02%
5 Year-69.53%
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)0.02
RSI(14)40.81
LBB6.23
UBB7.24
HEL:TYRES (5/6/2025, 5:24:59 PM)
6.36
-0.69 (-9.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-9.79%
1 Week-7.63%
2 Weeks-2.45%
1 Month0.17%
3 Month0.94%
6 Month-17.53%
12 Month-23.65%
2 Year-21.61%
3 Year-50.02%
5 Year-69.53%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%3.72%
ATR Inc249.41%
Range Today1.08
ADR(20)0.21
ADR(20)%3.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.6
Mansfield-1.57
10 Day High7.19
10 Day Low6.02
20 Day High7.19
20 Day Low5.96
52 Week High9.2
52 Week Low5.96
CS1 End6.27
CR1 Start7.08
Volume & EV
DER(3)-6.44%
DER(5)-4.42%
Volume1.10M
Volume Incr114.63%
Vol(5)380.72K
Vol(50)194.30K