1— | EQNR | Equinor ASA | 85-4 | 95-2 | 65+5 | 35 | high | Exceptional +27% 20d return and +14.6% above its MA signals dominant trend strength, powered by elevated Brent crude and strong NOK-denominated cash flows. | ▼ |
2▲1 | BWLPG | BW LPG Limited | 80+6 | 90+6 | 55+3 | 42+6 | high | BW LPG's +19.7% 20d surge and +8.6% above its MA near 20-day highs signals strong freight-rate and sector momentum — best momentum setup in the shipping sector. | ▼ |
3▼1 | AKRBP | Aker BP ASA | 78-4 | 82-8 | 62+4 | 48+6 | high | Brent crude at $91.76/bbl drives a powerful +12.3% 20d rally, with AKRBP trading 7.3% above its MA and near 20-day highs — strong energy bull setup. | ▼ |
4— | STB | Storebrand ASA | 74+2 | 80-5 | 60+5 | 66+11 | high | Storebrand sits exactly at its 20-day high with a strong +10% monthly return and rising equity markets boosting AUM — solid risk/reward for the 1–4 week horizon. | ▼ |
5▲2 | DNB | DNB Bank ASA | 63+1 | 62+4 | 62+2 | 95+13 | medium | Steady positive momentum near 20-day highs with the lowest realised volatility in the universe (2.3%); Nordic macro stability supports the largest Nordic bank. | ▼ |
6▲3 | SALM | SalMar ASA | 62+8 | 72+22 | 52 | 58+28 | medium | Strong 5-day surge (+3.6%) pushing SALM to its 20-day high with price significantly above its MA, giving the best short-term momentum in the aquaculture sector. | ▼ |
7▲5 | YAR | Yara International ASA | 62+18 | 65+27 | 55+7 | 63+11 | medium | Yara trades above its MA with positive 5d and 20d momentum in the upper-middle of its range; fertiliser demand and energy cost dynamics (high Brent is a headwind for input costs) keep conviction moderate. | ▼ |
8▼3 | MOWI | Mowi ASA | 60-8 | 65-13 | 52 | 65+15 | medium | Steady positive momentum with price well above 20-day MA and near 20d highs; largest Norwegian salmon farmer benefits from any spot price recovery. | ▼ |
9▼3 | AUSS | Austevoll Seafood ASA | 57-8 | 60-12 | 50 | 72+10 | medium | Mild positive momentum near 20d highs and stable volatility support a moderate buy; salmon spot data unavailable limits conviction. | ▼ |
10▲3 | KOG | Kongsberg Gruppen ASA | 55+13 | 55+22 | 58 | 42+10 | medium | Kongsberg shows good 5-day momentum (+4.4%) and strong 20d return, but price is in the bottom third of its range and below its MA, suggesting a choppy recovery from a pullback. | ▼ |
11▼3 | SUBC | Subsea 7 SA | 52-6 | 48-9 | 55 | 67+12 | medium | Positive 5-day momentum (+3.3%) but price sits in the lower third of its range and is fractionally below its 20-day MA, indicating a mixed technical picture. | ▼ |
12▲2 | NHY | Norsk Hydro ASA | 45+9 | 42+14 | 48+3 | 72+14 | medium | Norsk Hydro shows a slight positive 5-day bounce but sits below its 20-day MA with a negative 20d return and a mid-range position — no clear directional catalyst. | ▼ |
13▼3 | SCATC | Scatec ASA | 44-8 | 35-15 | 48 | 85+17 | low | Scatec sits near the bottom of its 20-day range and fractionally below its MA despite a modest +2.7% 20d return; low volatility is a positive but momentum is unconvincing. | ▼ |
14▼3 | ORK | Orkla ASA | 22-26 | 8-30 | 48-7 | 75-3 | low | ORK is at the bottom of its 20-day range with negative 5d and 20d returns and price well below its MA — clear downtrend with no visible catalyst. | ▼ |
15— | TEL | Telenor ASA | 20+2 | 10+2 | 50+8 | 52+14 | low | Telenor is in a clear downtrend — negative 5d and 20d returns, price 5.7% below its MA, and sitting near the bottom of its 20-day range with no positive catalyst visible. | ▼ |