[May 23, 2013] Watch for Nokia to Potentially Rebound After Falling 1.10% Yesterday Tweet May 23, 2013 (SmarTrend(R) News Watch via COMTEX) -- Nokia (NYSE:NOK) traded in a range yesterday that spanned from a low of $3.51 to a high of $3.62. Yesterday, the shares fell 1.1%, which took the trading range below the 3-day low of $3.61 on volume of 30.0 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion. SmarTrend is tracking the current trend status for Nokia and will alert subscribers who have NOK in their portfolio or watchlist when shares have changed trend direction. In the past 52 weeks, shares of Nokia have traded between a low of $1.63 and a high of $4.90 and are now at $3.60, which is 121% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has risen 0.6%. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup [ Back To TMCnet.com's Homepage ]