NOKIAN RENKAAT OYJ (TYRES.HE) Stock Technical Analysis
HEL:TYRES - Nasdaq Helsinki Ltd - FI0009005318 - Common Stock - Currency: EUR
Taking everything into account, TYRES scores 0 out of 10 in our technical rating. TYRES's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
85% of all other stocks performed better in the past year than TYRES.
TYRES is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so TYRES is lagging the market.
In the last month TYRES has a been trading in the 6.03 - 6.83 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days.
TYRES has a poor technical rating and the quality of the setup is also not perfect 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
5.96
7.17
We found 1 important support area.
- A support zone ranging from 6.02 to 6.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- Resistance @6.09 from a horizontal line in the daily time frame.
- A resistance zone ranging from 6.24 to 6.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 6.40 to 6.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.79 from a horizontal line in the daily time frame.
- Resistance @7.10 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for TYRES.HE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TYRES.HE is down. |
| ChartMill Relative Strength | 15.28 | NEGATIVE | TYRES.HE has a low relative strength, it was outperformed by 84.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TYRES.HE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TYRES.HE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TYRES.HE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.52 | NEUTRAL | The RSI value for TYRES.HE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests TYRES.HE has a negative trend. |
| Stochastics (14,3) | 5.33 | OVERSOLD | The low Stochastics value suggests TYRES.HE may be oversold. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for TYRES.HE suggests some volalility. |
| Average Directional Index/ADX (14) | 21.16 | NEUTRAL | The ADX value for TYRES.HE suggests a possible start of a new 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 (6/19/2025, 5:30:00 PM)
6.03
-0.07 (-1.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.15%
1 Week-4.89%
2 Weeks-4.81%
1 Month-10.77%
3 Month-9.43%
6 Month-16.83%
12 Month-22.71%
2 Year-24.45%
3 Year-42.24%
5 Year-69.1%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%2.29%
ATR Inc-26.17%
Range Today0.09
ADR(20)0.13
ADR(20)%2.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.28
Mansfield-2.19
10 Day High6.54
10 Day Low6.03
20 Day High6.83
20 Day Low6.03
52 Week High8.97
52 Week Low5.96
CS1 End6.02
CR1 Start6.09
Volume & EV
DER(3)-2.01%
DER(5)-3.02%
Volume328.12K
Volume Incr183.06%
Vol(5)421.88K
Vol(50)226.03K