· Intraday mover · NOK

Nokia Corp ADR (NOK) hits active tape with sharp decline

The communication-equipment ADR drew attention as selling pressure cut into a strong multiweek advance.

Nokia telecommunications equipment beside a market-data terminal.

Nokia Corp ADR (NOK) fell 5.7% to 13.97 USD on the active-mover screen, with turnover at 122.8 million shares.

The pullback comes against firmer weekly context: the latest weekly close was 14.80 USD, with gains of 2.9% over one week, 6.1% over four weeks, and 86.2% over twelve weeks. The trend state remains active, while Relative Strength at 86.8 shows the move is not occurring from a weak technical base.