AAPL 189.1 -6.9344% MSFT 361.17 -3.2001% NVDA 93.9716 -7.69% GOOGL 147.225 -2.3189% GOOG 149.2 -2.2473% AMZN 173.59 -2.7016% META 506.8 -4.6687% AVGO 148.55 -3.5452% LLY 738.02 -6.472% TSLA 239.865 -10.257% TSM 146.085 -7.1769% V 316.3 -6.8034% JPM 211.125 -7.1121% UNH 529.505 -2.0234% NVO 62.66 -6.617% WMT 83.2 -4.6528% LVMUY 114.68 -4.497% XOM 105.06 -6.5552% LVMHF 575.0 -4.485% MA 496.24 -6.4669%
AAPL 189.1 -6.9344% MSFT 361.17 -3.2001% NVDA 93.9716 -7.69% GOOGL 147.225 -2.3189% GOOG 149.2 -2.2473% AMZN 173.59 -2.7016% META 506.8 -4.6687% AVGO 148.55 -3.5452% LLY 738.02 -6.472% TSLA 239.865 -10.257% TSM 146.085 -7.1769% V 316.3 -6.8034% JPM 211.125 -7.1121% UNH 529.505 -2.0234% NVO 62.66 -6.617% WMT 83.2 -4.6528% LVMUY 114.68 -4.497% XOM 105.06 -6.5552% LVMHF 575.0 -4.485% MA 496.24 -6.4669%

blue-chip

One NYSE-Listed Communications & Networking Stock at Resistance Levels – Nokia Oyj

Apr 03, 2025 | Team Kalkine
One NYSE-Listed Communications & Networking Stock at Resistance Levels – Nokia Oyj
Image source: Shutterstock

NOK:NYSE
Investment Type
Large-cap
Risk Level
Action
Rec. Price (US$)

Company Overview: Nokia Oyj (NYSE: NOK) is a Finland-based company engaged in the network and Internet protocol (IP) infrastructure, software, and related services market. The Company's businesses include Nokia Networks and Nokia Technologies. The Company's segments include Ultra Broadband Networks, IP Networks and Applications, and Nokia Technologies.

As per our previous US Daily Report published on ‘NOK’ on 19th February 2025, Kalkine provided a ‘Buy’ stance on the stock at USD 4.92, based on “the strategic advancements, strong Q4 2024 financials with a 9% net sales growth and 19.1% operating margin, shareholder-focused initiatives including a proposed EUR 0.14 per share dividend and EUR 600 million buyback, and a 2025 outlook projecting EUR 1.9–2.4 billion in operating profit, and key risks associated with the business ” and the stock price has now moved by ~8.74% since then and attained resistance 1.

Noted below are the details of support and resistance levels provided in our previous report:

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