- Price is above Fair Value, showing premium demand versus the model.
- Next-week expectancy is positive at 55.90% based on similar historical setup states.
- Activity pressure is constructive, supporting the smart-money activity read.
NOK
NYSE
Week ended 07 Aug 2026
Weekly Investor Report
Nokia Corp ADR · Technology · Communication Equipment
Latest close
9.36 USD
2.4%
latest week
Weekly setup
Weak trend
The weekly trend is not active. Price is -8.8% below the Trend Line and sits at 39.7% of its 52-week range. The latest completed week returned 2.4%, after a -24.4% four-week move. The latest factor snapshot indicates quality is middle-of-the-pack; growth ranks weakly; valuation is expensive relative to peers. Options positioning is volatility with 53/100 conviction, while the latest news-sentiment score is 62/100. Near-term considerations: volume confirmation is below normal; earnings are due in 70d.
Setup score
33
out of 100
Latest Close
9.36 USD
7 Aug 2026
1W Return
2.4%
latest completed week
4W Return
-24.4%
short-term follow-through
12W Return
-32.9%
quarterly tape
Trend Breadth
75.0%
39 of 52 weeks active
Volume Ratio
0.6x
vs 13-week average
- The trend backdrop is inactive, so price action has not confirmed a constructive regime.
- Price is below the Trend Line, which keeps downside pressure in focus.
- Activity pressure is negative, which weakens the current setup.
- 2 reversal markers appear in the recent smart-money tape.
- Trend Line remains the key weekly regime level.
- Activity pressure is the gauge to monitor for confirmation or fade.
- A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through
2.4%
Latest completed week; four-week move -24.4%.
Indicator stack
41/0
Trend and activity pressure are weighted against the latest 12-week confirmation window.
Trend backdrop
Active
The trend backdrop defines the current weekly regime.
Patient Capital
Quiet
Activity-pressure buy-signal status for institutional accumulation timing.
Next-Week Expectancy
Positive 55.90%
Historical one-week expectancy contributes to the evidence score when direction is confirmed.
Options pressure
Volatility
53/100 conviction; expected move 9.3%.
News sentiment
62/100
4 relevant articles in the latest sentiment read.
Event risk
70d
Next report is scheduled for 22 Oct 2026; event risk rises as the date approaches.
01 · Price action
Study the full chart
Where price is—and whether the trend supports it
The weekly trend is not active. Price is -8.8% below the Trend Line and sits at 39.7% of its 52-week range. The latest completed week returned 2.4%, after a -24.4% four-week move.
52-week price path
Price vs Trend Line and Fair Value
Price
Trend Line
Fair Value
02 · Volume and demand
Is real participation confirming the move?
Latest weekly volume is 0.6x the 13-week average. Participation is below its recent norm, so price strength is not receiving full volume confirmation.
26-week volume confirmation
Bar height shows volume; colour shows the weekly price direction
13 Feb
20 Feb
27 Feb
6 Mar
13 Mar
20 Mar
27 Mar
3 Apr
10 Apr
17 Apr
24 Apr
1 May
8 May
15 May
22 May
29 May
5 Jun
12 Jun
19 Jun
26 Jun
3 Jul
10 Jul
17 Jul
24 Jul
31 Jul
7 Aug
Up week
Down week
Demand beneath price
Activity pressure and institutional-style signals
These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.
Activity pressure path
Latest 0.6412-week average 0.90
12-week confirmation
Trend active10/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure7/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership12/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.64Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers22 reversal markers
No recent accumulation markers. 2 reversal markers.
03 · Momentum and leadership
Is performance persistent—and is the stock leading?
Performance is -24.4% over four weeks, -32.9% over 12 weeks, and 131.5% over one year. The current trend has remained active for 0 consecutive weeks.
Performance by holding period
Active trend streak0 weeks
Active weeks in one year39
Trend breadth75.0%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure-1.08Latest activity-pressure read.
Pressure change-432.4%Four-week change in activity pressure.
Leadership2.30Latest relative-leadership reading.
RS change-94.8%Four-week change in relative leadership.
04 · Fundamentals and valuation
Open full factor analysis
What investors are paying for—and the quality behind it
The latest factor snapshot indicates quality is middle-of-the-pack; growth ranks weakly; valuation is expensive relative to peers.
Factor week 09 Aug 2026
Financial statements through 30 Jun 2026
Field coverage 100%
Model confidence 100%
Relative factor standing
Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.
Overall factor strength18/100Blend of value, momentum, and quality. Underlying universe rank 83; rank 1 is best.
Value7/100Relative valuation strength. Underlying universe rank 94; rank 1 is best.
Quality24/100Profitability and accounting quality. Underlying universe rank 77; rank 1 is best.
Momentum98/100Medium-term price momentum. Underlying universe rank 3; rank 1 is best.
Growth13/100Revenue and earnings growth. Underlying universe rank 88; rank 1 is best.
Quality and valuation are separate questions
A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.
Value-quality framework18/100Value and quality alignment from the Sharemaestro SVQF framework.
Valuation
How much investors are paying for earnings, sales, and cash flow.
- P/E
- 73.8x Price divided by trailing earnings.
- Price / sales
- 2.6x Market value relative to trailing revenue.
- EV / EBITDA
- 23.9x Enterprise value relative to operating cash earnings.
- Free-cash-flow yield
- 3.4% Free cash flow as a share of enterprise value.
Business quality
Margins and the return generated on invested capital.
- Gross margin
- 44.4% Gross profit retained from each unit of revenue.
- Operating margin
- 5.7% Operating profit retained from revenue.
- Free-cash-flow margin
- 8.6% Free cash flow generated from revenue.
- Return on invested capital
- 3.8% Operating return generated on invested capital.
Growth and financial strength
Recent business growth and accounting strength.
- Revenue growth
- 5.3% Latest one-year revenue growth.
- EPS growth
- -30.6% Latest one-year earnings-per-share growth.
- Free-cash-flow growth
- -35.0% Latest one-year free-cash-flow growth.
- Piotroski F-score
- 6/9 Nine-point accounting-strength checklist.
Shareholder return and balance sheet
Cash returned to owners and financial leverage.
- Dividend yield
- 1.5% Cash dividends relative to market value.
- Buyback yield
- -1.6% Net share repurchases relative to market value.
- Shareholder yield
- -0.1% Dividend yield plus net buyback yield.
- Net debt / EBITDA
- -0.5x Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment
What other market participants are doing
Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.
Options positioningVolatility
NOK shows volatility options pressure with a 53/100 conviction score, put-call volume ratio of 0.15, expected move of 9.3%, and Sharemaestro trend signal inactive.
Conviction53/100
Expected move9.3%
Put/call volume0.15
Insider activity-
No recent insider transactions are stored for this company.
News sentiment62/100
Weighted news tone is positive across 4 relevant articles.
4 positive · 0 neutral · 0 negativePatient CapitalQuiet
Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal
06 · Catalysts and risk
What can move the shares—and how volatile the path has been
Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.
Next earnings70dNext report is scheduled for 22 Oct 2026; event risk rises as the date approaches.
Options expected move9.3%Nearest-chain priced movement where available.
52-week drawdown-46.4%Distance below the 52-week high.
13-week volatility7.8%Standard deviation of weekly returns.
Weekly gains and losses
Latest 26 completed weeksEach bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.
13 Feb
13 Mar
10 Apr
8 May
5 Jun
3 Jul
7 Aug
Weeks higher14 of 2611 weeks finished lower.
Best week+27.7%Week of 1 May.
Worst week-18.6%Week of 17 Jul.
Latest week+2.4%Week of 7 Aug.
Shape of recent returns
Strong gains8
Modest gains6
Flat weeks1
Modest losses5
Sharp losses6
Recent vol7.8%13-week weekly-return volatility.
Base vol7.1%52-week weekly-return volatility.
Up/down split30/21Count of positive and negative weeks in the 52-week window.
Average skew6.2% / -4.2%Average positive week versus average negative week.
07 · Sector and peer context
Is this stock leading—or simply moving with its group?
Sector and industry breadth distinguish company-specific strength from a broad group move.
SectorUS Technology
4-week rank98 / 100
Group average2.9%
Trend breadth57.0%
Trend57.0%active weekly trend signals
MD40.0%positive activity pressure
RS58.0%positive relative leadership
Four-week leaders
IndustryUS Communication Equipment
4-week rank37 / 40
Group average0.2%
Trend breadth42.5%
Trend42.5%active weekly trend signals
MD25.0%positive activity pressure
RS47.5%positive relative leadership
Four-week leaders
08 · Evidence and weekly data
The underlying research record
Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.
Weekly tape38/100
Trend, activity pressure, participation, and risk combine to a 38/100 tape read.
Indicator analysis68/100Latest 12-week confirmation: trend 10/12, activity pressure 7/12, relative leadership 12/12.
Activity pressure 0.64; 2 reversal markers Next-Week ExpectancyPositive 55.90%Next-week expectancy is positive with a 55.90% historical one-week setup read.
Adds short-term historical context without overriding trend, activity, or relative leadership. Factors33/100O'Shaughnessy factor stack blends value, quality, momentum, and confidence.
Buyback Yield rank 78 SVQF18/100Value and quality alignment from the Sharemaestro SVQF framework.
Composite rank 836.0 of 1018 Patient CapitalQuietActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal Options36/100NOK shows volatility options pressure with a 53/100 conviction score, put-call volume ratio of 0.15, expected move of 9.3%, and Sharemaestro trend signal inactive.
Volatility · Volatility expansion watch · Expected move 9.3% Sentiment62/100Weighted news tone is positive across 4 relevant articles.
Nokia’s (NOK) AI Network Bet Gets A Taiwan Proving Ground Insiders50/100No recent insider transaction evidence is stored.
Earnings70dNext report is scheduled for 22 Oct 2026; event risk rises as the date approaches.
Research flow4 items1 recent research articles and 3 Market Watch posts are available.
| Week | Close | Return | Trend Line | Fair Value | Pressure | Leadership | Volume | Trend |
|---|---|---|---|---|---|---|---|---|
| 7 Aug 2026 | 9.36 USD | 2.4% | 10.26 USD | 5.41 USD | -1.08 | 2.30 | 326.0M | Off |
| 31 Jul 2026 | 9.14 USD | 1.0% | 10.16 USD | 5.37 USD | -0.95 | 4.37 | 498.8M | Off |
| 24 Jul 2026 | 9.05 USD | -10.1% | 10.07 USD | 5.34 USD | -0.82 | 5.51 | 578.6M | On |
| 17 Jul 2026 | 10.07 USD | -18.6% | 9.99 USD | 5.30 USD | -0.53 | 17.74 | 566.9M | On |
| 10 Jul 2026 | 12.38 USD | 3.1% | 9.87 USD | 5.26 USD | -0.20 | 43.95 | 326.2M | On |
| 3 Jul 2026 | 12.01 USD | -7.2% | 9.66 USD | 5.20 USD | 0.32 | 43.65 | 285.0M | On |
| 26 Jun 2026 | 12.94 USD | -4.0% | 9.46 USD | 5.15 USD | 0.85 | 60.37 | 513.3M | On |
| 19 Jun 2026 | 13.49 USD | -8.9% | 9.23 USD | 5.09 USD | 1.22 | 65.89 | 485.4M | On |
| 12 Jun 2026 | 14.80 USD | 2.9% | 8.98 USD | 5.03 USD | 1.54 | 86.84 | 599.4M | On |
| 5 Jun 2026 | 14.38 USD | -3.1% | 8.70 USD | 4.96 USD | 1.67 | 86.39 | 772.0M | On |
| 29 May 2026 | 14.84 USD | -4.1% | 8.45 USD | 4.89 USD | 1.75 | 91.26 | 545.5M | On |
| 22 May 2026 | 15.47 USD | 10.9% | 8.18 USD | 4.82 USD | 1.83 | 106.50 | 442.6M | On |
| 15 May 2026 | 13.95 USD | 8.8% | 7.88 USD | 4.74 USD | 1.87 | 92.12 | 646.6M | On |
| 8 May 2026 | 12.82 USD | -3.6% | 7.60 USD | 4.68 USD | 1.87 | 80.55 | 564.3M | On |
How to use this report
This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.