1— | SUBC | Subsea 7 SA | 82+2 | 92+2 | 58+3 | 45-3 | high | Strongest momentum in the universe — +5.1% last week, +4.0% over 20 days, trading at 98% of its 20-day range and +6.3% above the 20-day MA, signalling a clear uptrend in offshore subsea services. | ▼ |
2▲3 | DNB | DNB Bank ASA | 78+23 | 85+35 | 65+7 | 92+10 | high | DNB is the standout financial in the universe — +2.3% last week, +5.3% over 20 days, sitting at 91% of its 20-day range with the lowest realised volatility (4.0%) of all 15 stocks, reflecting a high-quality trending setup. | ▼ |
3▼1 | BWLPG | BW LPG Limited | 67-7 | 72-10 | 55+3 | 48+2 | medium | BW LPG shows solid momentum (+3.0% / +6.2%) at 68% of its 20-day range, with LPG shipping fundamentals supported by continued energy trade flows, though sector cyclicality and moderate volatility cap conviction. | ▼ |
4▲6 | MOWI | Mowi ASA | 60+25 | 55+25 | 55+3 | 72+12 | medium | MOWI is the best-positioned aquaculture name with a modest positive 20-day return (+1.5%), trading near its 20-day MA with the lowest volatility in the salmon sector (8.7%), though no salmon spot price data and weak 5d/20d range position limit upside conviction. | ▼ |
5▼1 | AKRBP | Aker BP ASA | 55-13 | 48-24 | 60+2 | 73+5 | medium | Aker BP holds a mild positive 20-day return (+1.6%) supported by Brent at $83.56, but a negative 5-day return (-1.5%) and below-MA positioning indicate short-term consolidation rather than a breakout setup. | ▼ |
6▼3 | EQNR | Equinor ASA | 52-20 | 44-32 | 62+2 | 62 | medium | Equinor is near flat on a 20-day basis (+0.2%) with a small weekly loss (-1.6%) and trades below its 20-day MA; Brent at $83/bbl is supportive but insufficient to drive a breakout in the near term. | ▼ |
7▲2 | TEL | Telenor ASA | 48+12 | 40+12 | 55+3 | 65 | medium | Telenor posts a mild weekly gain (+1.9%) but remains -3.7% over 20 days and sits in the bottom quintile of its 20-day range (19%), suggesting residual selling pressure despite defensive sector support. | ▼ |
8▲4 | SALM | SalMar ASA | 46+16 | 38+18 | 52+2 | 48+6 | medium | SalMar is marginally negative over 20 days (-1.5%), below its 20-day MA (-3.9%), and at only 29% of its range; higher volatility (14%) and missing salmon spot data add uncertainty. | ▼ |
9▲4 | AUSS | Austevoll Seafood ASA | 42+14 | 32+10 | 50+5 | 48+6 | low | Austevoll is the weakest aquaculture name with a -6.9% 20-day return and only 18% of its 20-day range, trading -4.7% below its MA; a small weekly bounce (+1.4%) is insufficient to signal a trend reversal. | ▼ |
10▲1 | STB | Storebrand ASA | 40+8 | 35+17 | 52+2 | 78+6 | low | Storebrand is in a modest downtrend (-2.3% over 20 days, -2.0% vs MA, 19% of range) with a near-flat week; low volatility (6.6%) provides some floor but mixed momentum keeps conviction low. | ▼ |
11▼4 | NHY | Norsk Hydro ASA | 38-8 | 32-8 | 48-2 | 50 | low | Norsk Hydro dropped -5.4% last week and sits at 36% of its 20-day range below its MA; aluminium sector headwinds and elevated volatility (13.5%) dampen the modest positive 20-day return. | ▼ |
12▼4 | ORK | Orkla ASA | 35-3 | 25-10 | 52+2 | 40+2 | low | Orkla is in a clear downtrend — -8.7% over 20 days, -2.6% below its 20-day MA, at just 17% of its range — with the highest volatility in the consumer staples segment (17.4%), suggesting persistent selling pressure. | ▼ |
13▼7 | KOG | Kongsberg Gruppen ASA | 32-22 | 22-30 | 55-5 | 52 | low | Kongsberg Gruppen fell -5.7% last week and now sits at just 5% of its 20-day range, -5.4% below its MA; despite strong long-term defence demand, the sharp near-term reversal signals a technical breakdown requiring a pause. | ▼ |
14▲1 | SCATC | Scatec ASA | 28+3 | 18+2 | 42 | 70+8 | low | Scatec is in a sustained decline — -4.7% last week, -5.0% over 20 days, at just 4% of its 20-day range — with renewables sector policy uncertainty compounding weak near-term price action. | ▼ |
15▼1 | YAR | Yara International ASA | 22-4 | 10-8 | 38-4 | 47+3 | low | Yara is the weakest name in the universe — -4.8% last week, -10.6% over 20 days, at 8% of its range, -6.9% below its 20-day MA — with persistent fertiliser pricing headwinds driving one of the worst momentum profiles on Oslo Børs. | ▼ |