NOKIAN RENKAAT OYJ (TYRES.HE) Stock Technical Analysis
HEL:TYRES - Nasdaq Helsinki Ltd - FI0009005318 - Common Stock - Currency: EUR
We assign a technical rating of 8 out of 10 to TYRES. Although TYRES is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month TYRES has a been trading in the 6.17 - 8.27 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, TYRES turns out to be only a medium performer in the overall market: it outperformed 47% of all stocks.
TYRES is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TYRES is lagging the market.
Although TYRES has an excellent technical rating, it does not present a decent entry opportunity 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
6.03
8.32
We found 1 important support area.
- Support @6.09 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 8.16 to 8.24. 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 TYRES.HE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TYRES.HE is up. |
| ChartMill Relative Strength | 47.57 | NEUTRAL | TYRES.HE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TYRES.HE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TYRES.HE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TYRES.HE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 78.93 | OVERBOUGHT | The high RSI value suggests TYRES.HE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests TYRES.HE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.43 | OVERBOUGHT | The high Stochastics value suggests TYRES.HE may be overbought. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for TYRES.HE suggests some volalility. |
| Average Directional Index/ADX (14) | 38.77 | POSITIVE | The high ADX value value for TYRES.HE suggests a strong 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)
HEL:TYRES (7/30/2025, 5:24:54 PM)
7.88
-0.13 (-1.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.56%
1 Week4.16%
2 Weeks24.79%
1 Month28.95%
3 Month13.22%
6 Month-0.36%
12 Month-1.44%
2 Year-5.51%
3 Year-29.75%
5 Year-60.8%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%2.72%
ATR Inc-18.65%
Range Today0.2
ADR(20)0.2
ADR(20)%2.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.57
Mansfield0.03
10 Day High8.27
10 Day Low6.37
20 Day High8.27
20 Day Low6.18
52 Week High8.97
52 Week Low5.96
CS1 End6.09
CR1 Start8.16
Volume & EV
DER(3)-9.82%
DER(5)-2.91%
Volume140.12K
Volume Incr-2.71%
Vol(5)317.47K
Vol(50)271.07K