Trading Signals: NOK Stock Price Prediction and Forecast (Mon. Oct. 26, 2015 - Fri. May. 13, 2022)(Nokia Corporation)
| NOK latest price $5.8400 (-0.68%) ($5.8400 - $6.0000) on Wed. Jul. 14, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.65% (three month average) | RSI | 79 | Latest Price | $5.8400(-0.68%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | NOK advances 1.6% a day on average for past five trading days. | Weekly Trend | NOK advances 3% a week on average for past two weeks. | Market Behavior | Growth stock rally for large cap. Broad based sell-off for small cap. | Correlated ETFs | Broad market will support NOK advance at 0% a week (0% probability) EWG(62%) VT(62%) FIVG(61%) IDRV(61%) EWI(60%) | Factors Impacting NOK price | NOK will decline at least -1.325% in a week (0% probabilities). VIXM(-54%) VXX(-50%) UUP(-35%) SHY(-15%) TLT(-12%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | | | | Market Trend Strength | -1.325% (StdDev 2.65%) | Hourly BBV | 0.5 () | Intraday Trend | -2.5% | | | |
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5 Day Moving Average | $5.59(4.47%) | 10 Day Moving Average | $5.5(6.18%) | 20 Day Moving Average | $5.36(8.96%) | To recent high | -0.7% | To recent low | 16.8% | Market Cap | $32.765b | | | | Nokia Oyj engages in the provision of network infrastructure, technology, and software services. It operates through the following segments: Networks, Nokia Software, Nokia Technologies, and Group Common and Other. The Networks segment comprises mobile networks, services, fixed networks, and optical networks. The Nokia Software segment offers cloud core software portfolio. The Nokia Technologies segment focuses on the innovation and research and development in technologies used. The company was founded by Fredrik Idestam in 1865 and is headquartered in Espoo, Finland. |