1— | EQNR | Equinor ASA | 80-4 | 88-7 | 60-2 | 35+7 | high | Equinor's exceptional +21.4% 20-day return and +9.2% above its MA at Brent $87/bbl makes it the standout momentum-and-fundamental energy play on Oslo Børs this week. | ▼ |
2▲3 | SALM | SalMar ASA | 74+9 | 82+8 | 52 | 56+1 | high | SalMar leads aquaculture momentum with the strongest 5d return (+4.7%) and is at its 20-day high with a +7.8% vsMA, signalling robust short-term buying pressure. | ▼ |
3▲1 | STB | Storebrand ASA | 74 | 80 | 60 | 70+7 | high | Storebrand sits at its 20-day high with a strong +9.8% 20d return and +4.7% above its MA, supported by solid insurance/savings fundamentals and moderate volatility. | ▼ |
4▲2 | MOWI | Mowi ASA | 73+11 | 79+14 | 52 | 62 | high | Mowi sits at its 20-day high with strong 5d/20d returns and is the largest salmon farmer globally, benefiting from positive sector momentum at Brent-supported macro backdrop. | ▼ |
5▲4 | AUSS | Austevoll Seafood ASA | 72+14 | 78+16 | 50 | 68-2 | high | Austevoll is at its 20-day high with solid 5d and 20d momentum in a supportive salmon sector environment, though limited fundamental data and moderate volatility cap conviction. | ▼ |
6▲2 | DNB | DNB Bank ASA | 72+12 | 68+10 | 62 | 95 | high | DNB is at its 20-day high with very low realised volatility (2.4%), steady upward momentum, and benefits from a Nordic rate environment supportive of bank margins. | ▼ |
7▼4 | AKRBP | Aker BP ASA | 70-8 | 72-10 | 58-2 | 48+6 | high | Aker BP benefits from Brent at $87/bbl and a strong 20d return (+9.7%), though higher volatility and position mid-range temper near-term upside somewhat. | ▼ |
8▼6 | BWLPG | BW LPG Limited | 65-15 | 68-24 | 52-3 | 40+2 | medium | BW LPG has delivered a strong +15.2% 20-day return and sits above its MA, but high volatility (19.6%) and slightly negative 5d momentum suggest the move may be consolidating near-term. | ▼ |
9▲1 | KOG | Kongsberg Gruppen ASA | 52-3 | 55+5 | 58 | 42+4 | medium | Kongsberg shows strong recent 5-day momentum (+5.2%) driven by ongoing defence spending tailwinds, but the 20d is flat and the stock sits in the lower third of its recent range, suggesting incomplete recovery. | ▼ |
10▲2 | NHY | Norsk Hydro ASA | 44+2 | 40+2 | 48 | 68-2 | low | Norsk Hydro has a solid 5-day bounce (+3.0%) but is still down 5% over 20 days and sits in the lower third of its range, indicating a weak underlying trend despite a recent short-term recovery attempt. | ▼ |
11— | SUBC | Subsea 7 SA | 40-10 | 35-9 | 52-3 | 65+1 | low | Subsea 7 shows only a modest 5d gain (+1.0%) but is fractionally negative over 20 days, sitting near the bottom of its range and below its 20-day MA — no clear near-term catalyst. | ▼ |
12▼5 | YAR | Yara International ASA | 40-22 | 36-29 | 48-7 | 63+3 | low | Yara has a slightly positive 20d return but negative 5d momentum and is sitting in the lower third of its range below the 20-day MA, reflecting ongoing fertiliser pricing pressure. | ▼ |
13▲2 | TEL | Telenor ASA | 33+17 | 25+15 | 52+7 | 55+7 | low | Telenor is in a clear medium-term downtrend with -6.8% over 20 days, trading well below its 20-day MA, with defensive sector characteristics unable to offset weak price action. | ▼ |
14— | ORK | Orkla ASA | 32+14 | 22+14 | 50+8 | 78+6 | low | Orkla is in clear short-term downtrend — negative 5d and 20d returns, well below its 20-day MA, sitting near the bottom of its recent range with no identifiable positive catalyst. | ▼ |
15▼2 | SCATC | Scatec ASA | 28-12 | 15-17 | 45 | 82 | low | Scatec is at its 20-day low with negative 5d and 20d returns and the worst range position in the universe (0%), pointing to sustained selling pressure with no visible catalyst for reversal. | ▼ |