Stock Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
Nokia Corporation Sponsored American Depositary Shares (NYSE:NOK)
Countertrend Down (-85) - NOK is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
MarketClub’s Trade Triangles for NOK
The long-term trend has been DOWN since Jan 24th, 2022 at 5.3900
The intermediate-term trend has been DOWN since Sep 25th, 2023 at 3.8701
The short-term trend has been UP since Sep 29th, 2023 at 3.8000
Smart Scan Analysis for NOK
Based on our trend formula, NOK is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||6.41||Year High Date||2018-05-10|
|Year Low||4.68||Year Low Date||2018-01-02|
|52wk High||5.11||52wk High Date||2022-12-13|
|52wk Low||3.67||52wk Low Date||2023-10-02|
|Year End Close||3.95||Average Volume||16,789,011|
|Shares Outstanding||4,736,000||Short Interest||340,119,776|
|% Institutional||11.6||Market Cap||28,553M|