Should I Buy Nokia Oyj Stock?
Based on our evaluation of the five key dimensions—Technical Signals, Moving Average trends, Short Sell Data, Similar Chart Pattern Matching and Seasonality Analysis—we have identified the following insights. NOK has several positive signals and is within a rising trend, so we believe it will perform strongly in the next couple of days or weeks. We therefore hold a positive evaluation of this stock. Our analysis conclusion for this stock is a Strong Buy candidate.
NOK stock price ended at $5.2 on Monday, after rising 2.16%
The Nokia Oyj stock price increased by 2.16% on the last trading day (12 May 2025), rising from 5.16 to 5.2. Throughout the last trading session, the stock experienced a fluctuation of 1.36% , ranging from a day low of $5.13 to a day high of 5.2. The price has declined in 2 of the last 10 days, resulting in a total change of 5.91% during this period. On the last day, trading volume decrease by 4.02M shares, with the rising prices. This could serve as an early warning, indicating that risk may slightly increase in the coming days. In total, 20.14M shares were traded, amounting to approximately 104.26M.
NOK Technical Signals
NOK(Nokia Oyj Corp) has 5 buy signals and 0 sell signals now. The current trend is consolidation starting from 2025-03-25. The total price change during this trend is -2.72%. Recently, the price has increased but the volume has decreased, indicating a potential warning signal. The average turnover of NOK over the last 5 trading days is 85.61M. Overall, the technical indicator signals lean more toward a Bullish outlook in the mid-term.
NOK Moving Average Analysis
Nokia Oyj's overall moving average trend leans more bullish as of Tuesday, May 13, 2025, with 1 negative signals and 3 positive signal. In the mid-term, the SMA_20 being below the SMA_60 signals a strong bearish trend. There will be some resistance from the lines at $5.227810000000001, and $5.3405000000000005. A break-up above any of these levels will issue buy signals. There will be some support from the lines at $4.86319, and $4.750500000000001. A break-down below any of these levels will issue sell signals.
NOK Short Selling Analysis
The short sale ratio of Nokia Oyj(NOK) as of 09 May 2025 is 31.66%, rising from last trading day. With increasing price from 5.03 to 5.09. The short sell activity indicate that short sellers may be anticipating a price reversion.
Technical Signal
Technical Signals Summary
Sell
0
Buy
5
Moving Average
Swing
PositiveStock Price Above SMA_5
Short Term
PositiveSMA_5 Above SMA_20
Mid Term
NegativeSMA_20 Below SMA_60
Long Term
PositiveSMA_60 Above SMA_200
Short Selling
Close Price
Short Sale Ratio
Short Sale Volume
5 Bullish Signals
When Value satisfies Signal, Indicator signals Bullish
Indicators
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
0.00678
Bullish
Momentum (10 days)
MOM_10 > 0
0.275
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
0.00676
Bullish
Closing price
close > fibonacci_R1
5.185
Bullish
Moving Average
5-day SMA crosses above 20-day SMA
--
Bullish
0 Bearish Signals
When Value satisfies Signal, Indicator signals Bearish
No Data
NOK Price Prediction & Forecast by Similar Chart Analysis
Based on historical patterns and backtesting of stocks with similar movements to Nokia Oyj(NOK), our algorithm predicts NOK's 1-month price at $3.98, with an -21.88%downwardshift. Using a similarity score up to 90.45%and other factors, This forecast updates weekly, adjusting for significant deviations.
Similar Chart
The price prediction chart for Nokia Oyj (NOK.N) stock, as of Sunday, May 11, 2025 , forecasts a -21.88% change over the next month, based on its high correlation with LZB.N stock patterns. The similarity between their price movements over the analyzed periods is 90.45%. The right panel lists other stocks with similar price patterns. This prediction is updated every week.
NOK
No Data
LZB
Down: -21.88%Similarity: 90.45%
Name
Similarity
Up/Down
LZB.N
90.45%
-21.88%
NOK Seasonality Analysis
Based on NOK's historical stock price data across all years, the probability of a positive return in May is54.55%, suggesting it maybe an ideal month to invest in NOK. In contrast,Julyoffers the highest probability of positive returns at80.00%, making it a potentially strong month for investment.
However, this is only a prediction based on one method, and a comprehensive assessment of the stock's future trend should consider additional factors. Our final stock price commentary incorporates three main evaluation dimensions: technical signals, Moving Average trends, and similar chart pattern matching, with the first two dimensions carrying the primary weight to ensure a more robust and accurate forecast.
Monthly Seasonality
The radar chart shows that buying Nokia Oyj (NOK.N) stock in July has the highest probability of a positive return (80.00%), while February has the lowest probability (36.36%).
Performance Seasonality
The chart shows Nokia Oyj. (NOK)'s annual stock price return for the past three years, helping you analyze price trends and identify recurring trends on an annual basis.
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FAQ
Should I buy Nokia Oyj (NOK.N) stock?
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