Stocks of Nokia (NOK) Surge Over 3% in 2 Days: A Promising Sign of Broad Range Volatility
Stocks started the new trading month on a positive note. The S&P 500 and Nasdaq Composite rose by 0.99% and 1.28% respectively, reaching their highest level since August. The Dow Jones Industrial Average gained 153.3 points, or 0.47%.
Concerns about the debt ceiling eased on Thursday. The Senate passed a bill to raise the debt ceiling late Thursday evening, sending it to President Joe Biden's desk. This came after the House of Representatives passed the Financial Responsibility Act by a vote of 314-117 on Wednesday evening, just a few days before the June 5 deadline set by Treasury Secretary Janet Yellen.
Concerns that the U.S. might not meet its obligations if lawmakers failed to reach an agreement had worried some investors earlier in the week.
As much of the debt ceiling drama remains in the rearview mirror, investors' attention is now focused on Friday's employment report. The latest data indicates a strong labor market despite the Federal Reserve's aggressive rate-hiking plan, with over 80% of prints since January 2022 beating estimates.
Economists surveyed by Dow Jones expect a slowdown in job growth in May compared to the previous month, with an addition of 190,000 jobs compared to the 253,000 gained in April. This would be the lowest monthly increase since December 2020.
As the week comes to a close, both the S&P and Nasdaq are on track to finish with modest gains of 0.37% and 0.97% respectively. As of Thursday's close, the Dow was down 0.1% for the week. Our robots also demonstrated a slight increase this week, leaning more towards long positions.
A positive indicator is that stock movements are starting with smaller market capitalization companies. For example, Nokia's stock (NOK, $4.05) has risen by 1% and is further increasing by one and a half percent in pre-market trading. To achieve good profits, it is necessary for stock volatility to kick in on a broad front.
NOK in upward trend: price expected to rise as it breaks its lower Bollinger Band on June 20, 2025
NOK may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 41 cases where NOK's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 58 cases where NOK's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on July 03, 2025. You may want to consider a long position or call options on NOK as a result. In of 93 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NOK advanced for three days, in of 277 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 199 cases where NOK Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Moving Average Convergence Divergence Histogram (MACD) for NOK turned negative on June 10, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 50 similar instances when the indicator turned negative. In of the 50 cases the stock turned lower in the days that followed. This puts the odds of success at .
NOK moved below its 50-day moving average on July 03, 2025 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for NOK crossed bearishly below the 50-day moving average on July 01, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 20 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where NOK declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.873) is normal, around the industry mean (9.954). P/E Ratio (27.009) is within average values for comparable stocks, (96.587). Projected Growth (PEG Ratio) (0.401) is also within normal values, averaging (1.815). Dividend Yield (0.038) settles around the average of (0.042) among similar stocks. P/S Ratio (0.813) is also within normal values, averaging (18.207).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. NOK’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. NOK’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 79, placing this stock better than average.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
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General Information
a provider of network infrastructure, technology and software services
Industry TelecommunicationsEquipment
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