1— | NHY | Norsk Hydro ASA | 75-7 | 90-5 | 52-8 | 42 | high | NHY is the standout momentum leader — +5.4% weekly, +12.2% monthly, +8.2% above its 20-day MA, and sitting at 95% of its 20-day range — suggesting strong trend continuation in aluminium. | ▼ |
2▲3 | AKRBP | Aker BP ASA | 72+20 | 72+30 | 60-2 | 52+4 | high | AKRBP benefits directly from Brent crude at $97 and Gulf tensions, posting a strong +5.2% weekly gain with price above its 20-day MA and sitting at the 60% range position. | ▼ |
3▲1 | EQNR | Equinor ASA | 70+16 | 68+24 | 62-3 | 45 | high | EQNR is a primary beneficiary of elevated Brent at $97/bbl with a strong +5.4% weekly gain, though the 20-day return remains negative (-5.2%), limiting the conviction to moderate-strong. | ▼ |
4▲2 | SUBC | Subsea 7 SA | 68+16 | 78+23 | 50-2 | 38-2 | medium | SUBC surged +8.4% this week, likely driven by offshore energy capex optimism tied to $97 Brent, sitting at the 51% range with elevated but manageable volatility. | ▼ |
5▼2 | DNB | DNB Bank ASA | 52-8 | 48-8 | 58-4 | 72-8 | medium | DNB shows a positive 20-day return (+2.2%) with low volatility (5.5%), providing stable quality exposure, though the recent 5-day dip (-2.0%) and flat vsMA temper near-term enthusiasm. | ▼ |
6▲5 | YAR | Yara International ASA | 50+20 | 50+32 | 45+3 | 55+3 | medium | Yara bounces +3.1% this week but the 20-day return remains -4.0% and it sits only in the 30% range, suggesting a modest recovery attempt in fertilizers with high crude supporting energy cost headwinds. | ▼ |
7▲5 | BWLPG | BW LPG Limited | 50+20 | 46+28 | 50+5 | 42 | medium | BW LPG shows a modest positive 20-day return (+2.3%) with neutral vsMA (-0.7%) and sits in the middle of its range, making it a balanced hold in shipping with no strong directional catalyst. | ▼ |
8▲1 | SALM | SalMar ASA | 45+9 | 48+18 | 48+3 | 34-8 | medium | SALM is essentially flat on a 20-day basis with neutral vsMA and sits at the 52% range position, showing the most stable momentum among aquaculture peers. | ▼ |
9▼7 | KOG | Kongsberg Gruppen ASA | 44-21 | 35-27 | 58-7 | 48 | low | Kongsberg Gruppen shows mild negative momentum (-3.5% weekly, -2.6% monthly) and sits below its 20-day MA, with defense/industrial tailwinds providing underlying support but near-term setup is weak. | ▼ |
10▼3 | MOWI | Mowi ASA | 38 | 35 | 48+3 | 68-4 | low | MOWI shows modest negative momentum (-3.6% weekly, -3.7% monthly) but holds near its 20-day mid-range (40%), making it the most resilient aquaculture name with lower volatility. | ▼ |
11▼1 | TEL | Telenor ASA | 32-3 | 18-7 | 52+2 | 62 | low | Telenor sits near its 20-day low (6% range) with negative momentum across all timeframes (-1.2% weekly, -1.8% monthly, -2.8% vsMA), offering defensive quality but no near-term catalyst. | ▼ |
12▼4 | STB | Storebrand ASA | 30-8 | 15-10 | 50 | 73-9 | low | Storebrand sits at its 20-day low with a -3.2% weekly decline and negative vsMA (-3.0%), indicating distribution with no visible near-term catalyst. | ▼ |
13— | SCATC | Scatec ASA | 28 | 22 | 38 | 42+12 | low | Scatec shows weak setup with -11.9% over 20 days, sitting only at the 20% range level, and renewables face ongoing headwinds from high fossil fuel prices crowding out policy attention. | ▼ |
14▲1 | ORK | Orkla ASA | 20+4 | 8+4 | 40+2 | 18-10 | low | ORK has suffered a sharp -6.3% weekly and -13.3% monthly decline, sitting near 20-day lows with the highest volatility in the universe, suggesting continued distribution pressure. | ▼ |
15▼1 | AUSS | Austevoll Seafood ASA | 18 | 5 | 42+2 | 35-3 | low | AUSS is at its 20-day low with a severe -8.5% weekly and -10.4% monthly decline, signaling sustained selling pressure with no positive catalysts visible. | ▼ |