1— | EQNR | Equinor ASA | 89+4 | 97+2 | 60-5 | 35-10 | high | Exceptional momentum (+8.8% 5d, +22% 20d, +13.7% vs MA, at 20d high) turbo-charged by Brent crude near $100/bbl — the strongest setup in the universe today. | ▼ |
2— | AKRBP | Aker BP ASA | 82+2 | 90+2 | 58-4 | 42-16 | high | Strong energy momentum (+4.6% 5d, +9.7% 20d, at 20d high) with a direct Brent crude tailwind near $100/bbl makes this a high-conviction long. | ▼ |
3— | BWLPG | BW LPG Limited | 74-2 | 84-4 | 52-3 | 36+3 | high | Robust momentum (+2.4% 5d, +10.7% 20d, +7.5% vs MA, 87% of range) in a supportive energy/commodities macro environment, though elevated volatility limits conviction. | ▼ |
4— | STB | Storebrand ASA | 72-2 | 85+5 | 55-5 | 55-1 | high | Strong 20-day momentum (+11.7%) and at 20-day high with moderate short-term vol makes Storebrand an attractive financials play in a rising-yield Nordic macro backdrop. | ▼ |
5— | MOWI | Mowi ASA | 68+3 | 78+6 | 52+2 | 50-10 | medium | At 20-day high with solid recent momentum (+2.7% 5d) and aquaculture sector supported by stable NOK; limited fundamental data prevents stronger conviction. | ▼ |
6▲1 | AUSS | Austevoll Seafood ASA | 65+10 | 72+15 | 50 | 62-6 | medium | At 20-day high with stable, low-volatility price action and positive recent performance; aquaculture tailwind supportive but no specific catalyst to drive outsized gains. | ▼ |
7▲2 | DNB | DNB Bank ASA | 62+16 | 58+14 | 60+2 | 82-8 | medium | Steady financials name with very low realized volatility and modest positive momentum; no major catalyst but low risk and defensive quality support a moderate hold. | ▼ |
8▲4 | SUBC | Subsea 7 SA | 58+26 | 57+35 | 55+3 | 55-7 | medium | Mildly positive momentum (+1.8% 5d, +0.1% 20d) with moderate volatility; benefits indirectly from high oil prices via offshore capex but lacks a breakout catalyst. | ▼ |
9▲1 | SALM | SalMar ASA | 54+10 | 50+8 | 52+2 | 30-2 | medium | Near-term bounce (+2.5% 5d) is encouraging but -8.1% over 20 days and only 60% of range signals lingering selling pressure; aquaculture macro is supportive but momentum is mixed. | ▼ |
10▼2 | SCATC | Scatec ASA | 52-1 | 50-2 | 48-2 | 68-8 | medium | Mildly positive 20-day return (+1.9%) and low realized volatility provide modest support, but renewables sector faces headwinds from elevated fossil fuel prices and -1.0% this week. | ▼ |
11▼5 | ORK | Orkla ASA | 48-12 | 38-20 | 55-3 | 78-2 | medium | Slight 20-day positive drift (+1.2%) undermined by this week's -0.9% slip, trading near the bottom of its range (17%) with a mild negative vs MA — a cautious hold. | ▼ |
12▼1 | YAR | Yara International ASA | 44+9 | 38+10 | 48-2 | 52-3 | low | Modest 20-day gain (+1%) overwhelmed by a sharp -3.0% weekly drop; fertilizer margins remain under pressure with natural gas costs elevated near $100 Brent, and range position is neutral. | ▼ |
13— | KOG | Kongsberg Gruppen ASA | 42+17 | 33+19 | 58+3 | 32+2 | low | Despite strong defense-sector fundamentals, KOG is -4.7% below its 20-day MA and near the bottom of its 20-day range (17%) after a -3.0% 20-day drawdown — momentum has stalled. | ▼ |
14— | NHY | Norsk Hydro ASA | 36+14 | 28+16 | 45 | 58+2 | low | Weak momentum (-2.0% 5d, -6.4% 20d) with range position at 40% and mild negative vs MA; aluminium demand softness and elevated energy costs weigh on the setup. | ▼ |
15— | TEL | Telenor ASA | 18-2 | 8-2 | 42-6 | 38-2 | low | Severe selloff (-8.1% 5d, -7.4% 20d, -5.3% below MA, 27% of range) signals a material company- or sector-specific negative catalyst — avoid until stabilization is confirmed. | ▼ |