1▲1 | BWLPG | BW LPG Limited | 82+8 | 92+10 | 55 | 48+3 | high | Exceptional 5d and 20d momentum (+8.2%/+9.8%), trading near 20-day highs at 92% range position — strongest technical setup in the universe with LPG freight rates providing fundamental support. | ▼ |
2▼1 | SUBC | Subsea 7 SA | 72-6 | 74-10 | 60+2 | 44-4 | high | Positive 5d and 20d momentum (+2.5%/+4.4%), above 20-day MA, strong range position at 67% — offshore energy capex cycle and subsea contract backlog underpin continued positive drift. | ▼ |
3— | AKRBP | Aker BP ASA | 62-6 | 60 | 62 | 75+3 | medium | Constructive 20d momentum (+2.1%) and near-neutral vsMA with Brent at $93 providing a solid pricing floor; range position at 51% suggests balanced near-term risk. | ▼ |
4— | EQNR | Equinor ASA | 58-7 | 56+1 | 62-1 | 65+3 | medium | Positive 20d return (+2.0%) and Brent above $90 supports cash generation, but slight negative vsMA and mid-range positioning temper near-term conviction. | ▼ |
5— | DNB | DNB Bank ASA | 58-4 | 55-2 | 62+2 | 82 | medium | Steady positive 20d momentum (+1.3%), low volatility (5.5% realised range), and Nordic rate environment supportive of bank margins; weak range position at 55% limits upside catalyst. | ▼ |
6— | KOG | Kongsberg Gruppen ASA | 55-5 | 42-16 | 68+6 | 55+3 | medium | Near-flat 20d return (+0.4%) with recent 5d pullback (-3.1%) and low 14% range position, but structural defence/aerospace spending tailwinds remain intact for Kongsberg over the medium term. | ▼ |
7▲2 | ORK | Orkla ASA | 45+7 | 38+8 | 52+2 | 40+8 | medium | Short-term bounce (+1.3% 5d) is encouraging but 20d decline of -9.0% and sub-MA position (-3.8%) reflect sustained selling; consumer staples defensiveness provides a floor but catalyst is absent. | ▼ |
8▲3 | MOWI | Mowi ASA | 43+7 | 30-2 | 52+4 | 68+10 | low | Negative 5d and 20d momentum with salmon spot price data unavailable; trading well below 20-day MA at only 14% of 20d range signals continued distribution with no identifiable near-term catalyst. | ▼ |
9▼2 | NHY | Norsk Hydro ASA | 42-13 | 38-17 | 48-4 | 50+2 | low | Despite positive 20d return (+4.7%), severe 5d drop (-7.3%) and -1.6% vsMA suggest a sharp reversal; aluminium sector uncertainty and elevated cost pressures weigh on near-term outlook. | ▼ |
10▼2 | STB | Storebrand ASA | 40-8 | 28-14 | 55+3 | 82+2 | low | Flat 5d return but negative 20d (-2.8%), at only 4% of 20d range — lowest range position among financials — suggesting near-term technical vulnerability despite low realised volatility. | ▼ |
11▲2 | AUSS | Austevoll Seafood ASA | 38+10 | 28+10 | 50+5 | 52+14 | low | Negative 5d and 20d momentum, -5.7% below 20-day MA, at 15% of range — weak technical picture compounded by absent salmon spot price data and no identifiable positive catalyst. | ▼ |
12▲2 | SALM | SalMar ASA | 35+8 | 22+7 | 52+7 | 50+13 | low | Worst 5d performance in the aquaculture group (-7.1%), -6.7% below 20-day MA, at only 11% of range — strong technical deterioration with no near-term catalyst to arrest the slide. | ▼ |
13▼3 | TEL | Telenor ASA | 33-5 | 18-10 | 50-2 | 62-3 | low | At the absolute 20-day low (0% range), -3.3% below MA, negative 5d and 20d momentum — telecom sector faces structural headwinds and the stock shows no sign of finding a bottom. | ▼ |
14▼2 | SCATC | Scatec ASA | 28-4 | 15-3 | 42 | 68-2 | low | At the 20-day low (0% range), negative 5d (-5.2%) and 20d (-5.3%) with -4.9% below MA; renewables policy uncertainty and weak sentiment make this an avoid in the near term. | ▼ |
15— | YAR | Yara International ASA | 22-2 | 10-2 | 38 | 48+8 | low | Worst momentum in the universe (-8.9% 5d, -11.2% 20d), -8.0% below MA, near 20-day lows at 8% range — fertiliser pricing headwinds and sustained institutional selling make this an avoid. | ▼ |