1▲2 | STB | Storebrand ASA | 78+4 | 82+4 | 60+2 | 68+3 | high | At its 20-day high (Rng 100%), strong 20-day momentum (+8.5%), above MA (+3.0%), with moderate volatility — the clearest bullish technical setup in the portfolio today. | ▼ |
2▲3 | DNB | DNB Bank ASA | 74+4 | 72 | 62+2 | 90+2 | high | Strongest technical setup in the universe — near 20-day highs (Rng 90%), above MA (+1.3%), positive 20-day trend (+2.7%), and the lowest realised volatility of all 15 stocks (3.9%), reflecting high stability. | ▼ |
3▲4 | ORK | Orkla ASA | 62 | 60-8 | 58+3 | 68 | medium | Strong 20-day outperformance (+6.0%), above 20-day MA (+1.5%), and mid-upper range (66%) reflect defensive consumer staples demand — recent 5-day weakness (-2.1%) is a minor pullback in an uptrend. | ▼ |
4— | EQNR | Equinor ASA | 58-14 | 63-15 | 52-6 | 62+17 | medium | Best 5-day performance in the energy sector (+3.6%), trading above its 20-day MA (+3.4%) and in the upper quartile of its recent range (75%) — relative strength despite Brent headwinds justifies a moderate-conviction long. | ▼ |
5▲1 | BWLPG | BW LPG Limited | 55-15 | 58-22 | 50+2 | 48+6 | medium | Strong vsMA reading (+3.9%) and upper-range positioning (Rng 78%) despite a modest 20-day decline (-5.3%); LPG shipping fundamentals and USD/NOK strength at 9.78 provide mild support for this USD-earner. | ▼ |
6▲3 | TEL | Telenor ASA | 55-2 | 50-5 | 55 | 65-3 | medium | Positive 5-day return (+1.8%), near-neutral vsMA (+0.3%), and mid-range positioning (51%) offer a stable defensive setup; Telenor's defensive telecom cash flows are appealing but 20-day trend (-4.5%) limits upside conviction. | ▼ |
7▲1 | YAR | Yara International ASA | 50-12 | 50-15 | 48-4 | 58+6 | medium | Modest 5-day recovery (+2.4%) and exactly at the mid-range (50%) with a slight positive vsMA (+1.0%) provide a neutral-to-mildly-positive setup; fertiliser demand outlook mixed with no specific news catalyst. | ▼ |
8▼7 | KOG | Kongsberg Gruppen ASA | 44-32 | 35-47 | 58-2 | 35-13 | low | Sharp 5-day drop (-8.7%) is the worst in the universe this week, likely on profit-taking after a strong run; the 20-day return is still positive (+1.8%) suggesting the trend isn't broken but near-term risk is elevated. | ▼ |
9▲1 | AKRBP | Aker BP ASA | 42-13 | 38-17 | 48-2 | 65+25 | low | Down 10.2% over 20 days despite a mild 5-day bounce (+1.3%); Brent at $79.53/bbl is below the level needed for strong E&P sentiment, and the stock is stuck near its 20-day MA with mid-range positioning. | ▼ |
10▼8 | SUBC | Subsea 7 SA | 40-35 | 36-44 | 50-8 | 64-11 | low | Mild 20-day decline (-3.6%), below 20-day MA (-1.6%), in the bottom third of its range (31%) — offshore energy services sector lacks near-term momentum catalysts at current Brent levels. | ▼ |
11▲1 | AUSS | Austevoll Seafood ASA | 38-4 | 38 | 45 | 58-4 | low | Minor 5-day recovery (+1.8%) but still down 4.5% over 20 days with negative vsMA and mid-low range positioning; no salmon spot price data adds uncertainty to aquaculture outlook. | ▼ |
12▲1 | SCATC | Scatec ASA | 35-3 | 30 | 42 | 72-3 | low | Negative momentum on both 5-day (-4.2%) and 20-day (-3.9%) timeframes, below MA, in the lower quartile of range, and the lowest volatility score in the set (Vol 6.1%) provides little cushion against weak trend. | ▼ |
13▼2 | MOWI | Mowi ASA | 34-9 | 32-5 | 45-3 | 60-5 | low | Negative momentum across all timeframes (5d -1.1%, 20d -5.0%), below 20-day MA, sitting in the bottom third of its recent range — weak setup with no positive catalysts. | ▼ |
14— | SALM | SalMar ASA | 22-4 | 15 | 42-3 | 28-2 | low | Severe 20-day drawdown of -14.1%, near 20-day lows (Rng 10%), well below MA at -7.8%, and high realised volatility (19.2%) — one of the weakest technical setups in the universe. | ▼ |
15— | NHY | Norsk Hydro ASA | 20+2 | 10+2 | 38 | 25+7 | low | Worst 20-day return in the entire universe (-22.5%), near multi-week lows (Rng 3%), well below MA (-7.7%), and high realised volatility (20.2%) — aluminium sector headwinds and broken technicals argue for avoidance. | ▼ |