1— | KOG | Kongsberg Gruppen ASA | 88+6 | 97+2 | 62+4 | 42-3 | high | Exceptional +17.9% weekly surge with price at 20-day high signals a major positive catalyst — likely a large defence contract or strategic announcement — in a sector with strong Nordic tailwinds. | ▼ |
2— | ORK | Orkla ASA | 74+2 | 82 | 60+2 | 72+4 | high | Orkla is at its 20-day high with a strong +10.3% monthly gain and tight volatility, offering defensive consumer staples exposure in an uncertain macro environment. | ▼ |
3— | STB | Storebrand ASA | 72+2 | 80+2 | 60+2 | 74+2 | high | Storebrand is pressing against its 20-day high (99th percentile of range) with a solid +7.4% monthly return and low volatility, benefiting from a constructive Nordic financials backdrop. | ▼ |
4— | DNB | DNB Bank ASA | 68+1 | 72 | 60 | 85+3 | medium | DNB shows solid positive momentum at the 86th percentile of its 20-day range with very low realised volatility (5.7%), making it one of the most stable risk-adjusted setups in the universe. | ▼ |
5▲1 | SCATC | Scatec ASA | 58+6 | 62+4 | 45+3 | 60 | medium | Scatec's +6.3% weekly bounce and return above its 20-day MA suggests a short-term recovery, though the -4.3% monthly return and renewables sector uncertainty cap upside conviction. | ▼ |
6▼1 | SUBC | Subsea 7 SA | 57+2 | 58+3 | 52 | 68-4 | medium | Subsea 7 posts a solid +3.6% weekly gain with moderate volatility, but sits just below its 20-day MA and energy services demand is capped by soft Brent at $72.76. | ▼ |
7— | BWLPG | BW LPG Limited | 52+2 | 58 | 48+3 | 38 | medium | BW LPG's +6.5% weekly bounce is encouraging but the stock remains down -3.9% over 20 days near the middle of its range, and elevated shipping sector volatility limits conviction. | ▼ |
8— | MOWI | Mowi ASA | 46+11 | 44+6 | 50+8 | 68+3 | medium | Mowi shows mildly negative momentum across all timeframes with salmon spot data unavailable, and at the 42nd percentile of its range offers no clear near-term catalyst. | ▼ |
9▲1 | EQNR | Equinor ASA | 40+7 | 28+3 | 52+7 | 42+2 | low | Equinor faces a double headwind of subdued Brent crude at $72.76 and a sharp -10.1% 20-day decline, with price deeply below its 20-day MA and in the 17th percentile of its range. | ▼ |
10▲3 | AUSS | Austevoll Seafood ASA | 38+10 | 30+8 | 45+5 | 68+6 | low | Austevoll is down across all timeframes at the 22nd percentile of its range with no available fundamentals data and no company-specific catalysts visible this week. | ▼ |
11▼2 | TEL | Telenor ASA | 37+2 | 32+4 | 50 | 70+2 | low | Telenor's -4.4% monthly decline, negative vsMA, and positioning in the 24th percentile of its range signal weak momentum with no near-term catalyst to reverse the trend. | ▼ |
12▼1 | AKRBP | Aker BP ASA | 35+5 | 22 | 50+8 | 40+2 | low | Aker BP's -12.6% monthly drawdown at only the 11th percentile of its range reflects significant selling pressure amplified by Brent crude trading at a challenging $72.76/bbl. | ▼ |
13▼1 | YAR | Yara International ASA | 33+3 | 28+4 | 42+2 | 55+3 | low | Yara is down -12.1% over 20 days at the 20th percentile of its range, with materials/fertiliser sector sentiment weak and no visible positive catalyst to arrest the decline. | ▼ |
14— | SALM | SalMar ASA | 22+2 | 10-2 | 45+5 | 28 | low | SalMar's severe -12.5% monthly decline, -9.7% weekly loss, extremely high 18.6% realised volatility, and positioning at the 15th percentile of its range make it the weakest setup in the universe. | ▼ |
15— | NHY | Norsk Hydro ASA | 14-1 | 5 | 35 | 18 | low | Norsk Hydro is at the absolute bottom of its 20-day range with a catastrophic -25.7% monthly decline, -12.6% below its 20-day MA, and the highest realised volatility (28.8%) in the universe — avoid. | ▼ |