Nasdaq futures are up 0.52% while S&P 500 futures have gained 0.30%.What Drove The Tuesday Rally?The telecom giant’s recent stock surge stems from its aggressive push into artificial intelligence infrastructure.The company also said it secured FCC approval for its in-home broadband devices, positioning U.S. broadband device deployments to continue “without disruption” and helping keep customer rollouts on track.Nokia Stock: Critical Levels To WatchNOK is still in a strong uptrend, trading 18.5% above its 20-day SMA ($13.61) and 121.2% above its 200-day SMA ($7.29), which highlights how extended the move has become.The 20-day SMA remains above the 50-day SMA, and the golden cross that formed in October 2025 (50-day SMA over the 200-day SMA) continues to reinforce the longer-term bullish structure.Momentum is the bigger near-term issue: RSI is 75.17.The most immediate overhead reference is the 52-week high at $16.63, which is close enough to act like a ceiling if traders keep selling into strength.
Key Resistance: $16.63
Key Support: $13.61
