Advertisement

Meyka AI - Contribute to AI-powered stock and crypto research platform
Meyka Stock Market API - Real-time financial data and AI insights for developers
Advertise on Meyka - Reach investors and traders across 10 global markets
Loading...

Nokian Renkaat Oyj

NKRKY•PNK
Consumer Cyclical
Auto - Parts
$5.33
$-0.34(-6.00%)
U.S. Market is Open • 11:23

Nokian Renkaat Oyj (NKRKY) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Nokian Renkaat Oyj (PNK:NKRKY).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

NKRKY Technical Analysis Summary

Nokian Renkaat Oyj stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 31.93)
Trend Strength:Strong (ADX: 31.50)
Volatility:Medium (ATR: 0.14)
Support/Resistance:$5.41 – $6.93 (Bollinger Bands)

This mix signals that Nokian Renkaat Oyj is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 31.93

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 13.48

Bullish
Oversold zone signals rebound potential.

Williams %R: -92.55

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -11.48

Strongly Bearish
Sharp downside momentum.

Takeaway:Nokian Renkaat Oyj shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.16

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 31.50

Strong
Strong trend, momentum well established.

ATR (14): 0.14

Low
Low volatility, stable price action.

CCI (14): -100.35

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Nokian Renkaat Oyj shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$6.93
Middle Band (SMA 20)
$6.17
Lower Band
$5.41
Current Position
Below Lower Band

Takeaway:Nokian Renkaat Oyj trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$6.28
Middle Line (EMA 20)
$6.01
Lower Channel
$5.74
Squeeze Status
No Squeeze

Takeaway:Nokian Renkaat Oyj trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume27.38K
Money Flow Index44.39Neutral, balanced money flows with no clear signal.
Relative Vigor Index27.58Bearish, price momentum favors sellers.

Overall Takeaway:NKRKY shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Nokian Renkaat Oyj, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Nokian Renkaat Oyj shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ