NOK
Nokia Corporation Technology - Telecom Equipment Investor Relations →
Nokia Corporation (NOK) closed at $7.07 as of 2026-02-02, trading 63.9% above its 200-week moving average of $4.31. The stock moved further from the line this week, up from 49.4% last week. The 14-week RSI sits at 53, indicating neutral momentum.
Over the past 1601 weeks of data, NOK has crossed below its 200-week moving average 28 times. On average, these episodes lasted 29 weeks. The average one-year return after crossing below was -3.6%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $39.5 billion, NOK is a large-cap stock. The company generates a free cash flow yield of 1.5%. Return on equity stands at 3.1%. The stock trades at 1.6x book value.
Over the past 30.8 years, a hypothetical investment of $100 in NOK would have grown to $409, compared to $2174 for the S&P 500. NOK has returned 4.7% annualized vs 10.5% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -0.7% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: NOK vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After NOK Crosses Below the Line?
Across 28 historical episodes, buying NOK when it crossed below its 200-week moving average produced an average return of -5.3% after 12 months (median -10.0%), compared to +12.3% for the S&P 500 over the same periods. 33% of those episodes were profitable after one year. After 24 months, the average return was +3.3% vs +30.7% for the index.
Each line shows $100 invested at the moment NOK crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
NOK has crossed below its 200-week MA 28 times with an average 1-year return of +-3.6% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Dec 1995 | Aug 1996 | 37 | 25.5% | +67.5% | +631.8% |
| Feb 2001 | Mar 2001 | 3 | 7.1% | -8.1% | -32.0% |
| Apr 2001 | Apr 2001 | 1 | 0.0% | -13.7% | -38.4% |
| Jun 2001 | Apr 2005 | 201 | 59.9% | -43.9% | -36.0% |
| Jul 2005 | Jul 2005 | 1 | 2.2% | +26.0% | -14.6% |
| Aug 2005 | Aug 2005 | 2 | 2.4% | +39.3% | -15.1% |
| Sep 2008 | Sep 2013 | 262 | 79.9% | -27.6% | -40.0% |
| May 2016 | Jul 2016 | 10 | 12.1% | +15.1% | +60.3% |
| Aug 2016 | May 2017 | 42 | 30.0% | +22.6% | +57.3% |
| Sep 2017 | Apr 2018 | 34 | 23.9% | -7.5% | +39.7% |
| May 2018 | Jun 2018 | 1 | 1.5% | -9.1% | +43.0% |
| Jul 2018 | Oct 2018 | 12 | 7.4% | +7.1% | +48.8% |
| Nov 2018 | Dec 2018 | 2 | 1.1% | -36.2% | +46.4% |
| Dec 2018 | Dec 2018 | 1 | 0.4% | -32.9% | +46.4% |
| Apr 2019 | Jul 2019 | 13 | 9.8% | -35.4% | +49.9% |
| Aug 2019 | Aug 2020 | 51 | 47.5% | -3.3% | +52.2% |
| Aug 2020 | May 2021 | 35 | 32.0% | +34.8% | +75.7% |
| Feb 2022 | Mar 2022 | 2 | 2.2% | +2.2% | +64.0% |
| May 2022 | May 2022 | 1 | 0.5% | -14.4% | +62.3% |
| Jun 2022 | Jul 2022 | 6 | 5.3% | -13.1% | +66.8% |
| Sep 2022 | Nov 2022 | 8 | 11.1% | -12.9% | +68.6% |
| Dec 2022 | Jan 2023 | 3 | 1.5% | -27.4% | +67.8% |
| Jan 2023 | Jan 2023 | 1 | 1.3% | -23.2% | +68.6% |
| Feb 2023 | Feb 2023 | 1 | 1.0% | -20.0% | +68.9% |
| Mar 2023 | Mar 2023 | 1 | 2.2% | -15.5% | +71.1% |
| Apr 2023 | Sep 2024 | 75 | 28.9% | -13.6% | +83.3% |
| Nov 2024 | Dec 2024 | 3 | 2.6% | +46.0% | +73.8% |
| Jul 2025 | Aug 2025 | 3 | 5.2% | N/A | +76.5% |
| Average | 29 | — | +-3.6% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02