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Stock Trend Analysis Report

Prepared for you on Monday, May 6, 2024.

Nokia Corporation Sponsored American Depositary Shares (NYSE:NOK)

Long-Term Uptrend (+90) - NOK is in a strong uptrend that is likely to continue. While NOK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid NOK?

MarketClub looks at technical strength and momentum to determine if the timing is right for NOK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_NOK
Open High Low NOK Price Change
3.72 3.74 3.71 3.71 +0.02
Entry Signal

MarketClub’s Trade Triangles for NOK

long term up The long-term trend has been UP since May 6th, 2024 at 3.73

intermediate term up The intermediate-term trend has been UP since Apr 22nd, 2024 at 3.62

short term up The short-term trend has been UP since May 3rd, 2024 at 3.71

Smart Scan Analysis for NOK

Based on our trend formula, NOK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for NOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.72 3.74 3.71 3.71 +0.02
Prev. Close Volume Bid Ask Time
3.69 6818662 2024-05-06 15:59:44
Year High6.41Year High Date2018-05-10
Year Low4.68Year Low Date2018-01-02
52wk High4.3652wk High Date2023-07-13
52wk Low2.9452wk Low Date2023-12-05
Year End Close3.95Average Volume16,573,242
Shares Outstanding4,736,000Short Interest340,119,776
% Institutional11.6Market Cap28,553M
Assets396,750,000MLiabilities185,370,000M
P/E Ratio24.4371Beta1.84
Volatility29.68
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