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NOK

weekly
Daily Weekly Monthly
UPTREND
Support
$6.85
Resistance
$8.60
NOK Nokia Corporation Sponsored ADR weekly candlestick chart with 50-day and 200-day moving averages, EMA crossovers, and RSI momentum indicator — uptrend as of March 25, 2026
NOK Weekly chart 2026-03-25 09:19:15 UTC
AI-generated analysis — not financial advice. For educational purposes only.

NOK Weekly Technical Analysis Summary

As of March 25, 2026, NOK (Nokia Corporation Sponsored ADR) is in a uptrend state on the weekly chart, with a confidence level of 74%. Key support is at $6.85 and key resistance at $8.60. Strong impulsive rally with HH/HL; price ~$8.25 pulled back slightly after a breakout spike and remains well above rising EMA50/EMA100 with RSI elevated (~72.9).

Price Scenarios & Targets

bullish

Bullish continuation: pullback/flag holds above ~$6.85 then price resumes the impulse (Elliott: wave 3 likely in progress; current chop = wave 4 micro), targeting the next Fibonacci extension zone from the ~$4.10→~$8.55 impulse.

Price Target
$10.1
Path to target
First move
$8.60
Pullback
$7.40
Final target
$10.1

bearish

Deeper correction: momentum mean-reverts after RSI>70; price revisits the breakout/MA cluster (EMA50/EMA20) and may retrace ~38.2%-50% of the latest impulse before attempting a new high (Elliott: larger wave 4).

Price Target
$6.10
Path to target
First move
$7.00
Pullback
$7.80
Final target
$6.10

Key Triggers

Confirmation & Invalidation

✓ Confirmation

Weekly close above $8.60 with follow-through (next week holding >$8.60).

✗ Invalidation

Weekly close below $6.85 (loss of post-breakout swing support and EMA20/EMA50 area).

Position Entry & Exit Levels

⊕ Add

Start $7.10 – $6.85
Add $6.50 – $6.10
Heavy $5.50 – $5.10

Entries laddered at post-breakout swing support (~$6.85), then EMA50/structure retrace (~$6.1), then EMA100/EMA200 + prior base area (~$5.1-$5.5) if a larger wave-4 correction plays out.

⊖ Derisk

Trim 1 $9.60 – $10.1
Trim 2 $11.4 – $12.6
Close $14.0 – $16.0

Trim into Fibonacci extension/round-number zones above prior highs where price is likely to be stretched vs rising EMA50/EMA100; progressively heavier derisking as extensions stack and mean-reversion risk rises.

Frequently Asked Questions

What is the weekly technical outlook for NOK today?

As of March 25, 2026, NOK (Nokia Corporation Sponsored ADR) is in a uptrend state on the weekly chart with 74% confidence. Strong impulsive rally with HH/HL; price ~$8.25 pulled back slightly after a breakout spike and remains well above rising EMA50/EMA100 with RSI elevated (~72.9).

What are the weekly support and resistance levels for NOK?

On the weekly timeframe, NOK has key support at $6.85 and key resistance at $8.60. The most likely scenario (bullish) targets $8.60 and $10.1, with a revert level at $7.40.

Is NOK in an uptrend or downtrend?

NOK (Nokia Corporation Sponsored ADR) is currently classified as uptrend on the weekly chart, with 74% confidence. Confirmation requires: Weekly close above $8.60 with follow-through (next week holding >$8.60). This would be invalidated by: Weekly close below $6.85 (loss of post-breakout swing support and EMA20/EMA50 area).

What are the price targets for NOK?

The most likely scenario (bullish) targets $8.60 and $10.1, with a revert level at $7.40. The alternative scenario (bearish) targets $7.00 and $6.10.

Other Timeframes for NOK
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