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 1 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
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. The S&P500 Index however 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 6.01 - 7.18 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Although the technical rating is bad, TYRES does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
6.02
7.31
2 important support areas can be observed.
- A support zone ranging from 6.24 to 6.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.08 to 6.09. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 6.58 to 6.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 7.22 to 7.24. 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 | DOWN | NEGATIVE | The long term trend for TYRES.HE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TYRES.HE is neutral. |
| ChartMill Relative Strength | 25.96 | NEGATIVE | TYRES.HE has a low relative strength, it was outperformed by 74.04% 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) | UP | MIXED | The current price of TYRES.HE is below the rising 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) | 48 | NEUTRAL | The RSI value for TYRES.HE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TYRES.HE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.84 | NEUTRAL | The Stochastics value for TYRES.HE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.95 | MEDIUM VOLATILITY | The ATR as a percentage value for TYRES.HE suggests some volalility. |
| Average Directional Index/ADX (14) | 11.96 | NEGATIVE | The low ADX value for TYRES.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)
HEL:TYRES (5/30/2025, 5:24:31 PM)
6.575
-0.21 (-3.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.1%
1 Week-1.5%
2 Weeks-0.08%
1 Month-6.07%
3 Month4.73%
6 Month-10.74%
12 Month-22.19%
2 Year-18.96%
3 Year-48.33%
5 Year-68.5%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%2.95%
ATR Inc16.14%
Range Today0.26
ADR(20)0.18
ADR(20)%2.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.96
Mansfield-1.55
10 Day High6.83
10 Day Low6.5
20 Day High7.19
20 Day Low6.02
52 Week High8.97
52 Week Low5.96
CS1 End6.28
CR1 Start6.58
Volume & EV
DER(3)1.98%
DER(5)0.01%
Volume252.36K
Volume Incr-37.48%
Vol(5)154.36K
Vol(50)190.92K