1▲3 | MOWI | Mowi ASA | 76+2 | 82+5 | 52 | 58+3 | high | Best-in-class aquaculture momentum with +10.2% over 20 days, sitting at 20-day highs, and benefiting from elevated salmon spot prices and improving global risk appetite. | ▼ |
2▲1 | SALM | SalMar ASA | 75 | 84+4 | 52 | 52+4 | high | SalMar leads the aquaculture pack on 20-day momentum (+12.8%) and is near its 20-day high, supported by strong salmon market dynamics, with slightly higher volatility than peers. | ▼ |
3▼2 | DNB | DNB Bank ASA | 74-4 | 72-4 | 60-5 | 88 | high | DNB combines the lowest realised volatility in the universe (4.1%) with solid momentum (+2.8% 5d/20d) sitting at a 20-day high — a high-quality setup in a stable Nordic banking environment. | ▼ |
4▲1 | AUSS | Austevoll Seafood ASA | 72 | 78+3 | 50 | 68+6 | high | Strong 20-day momentum (+9.3%) and at the top of its 20-day range, riding the salmon price uptrend, though limited fundamentals data and moderate volatility cap conviction. | ▼ |
5▼3 | BWLPG | BW LPG Limited | 71-5 | 78-7 | 52 | 50+4 | high | BW LPG is riding strong 20-day momentum (+12.6%) near its 20-day high (87%), supported by firm LPG shipping rates and a constructive broader shipping backdrop. | ▼ |
6— | STB | Storebrand ASA | 68-2 | 74 | 57-3 | 65+5 | medium | Storebrand shows healthy 20-day momentum (+9.2%), sits near its 20-day high (91%), and offers moderate volatility — a well-rounded financial setup with modest near-term uncertainty. | ▼ |
7— | EQNR | Equinor ASA | 65+3 | 80+8 | 55 | 42+4 | medium | Equinor's exceptional 20-day return (+20.3%) and above-average position in range are compelling, but elevated realised volatility (19.7%) and slipping oil prices temper the short-term outlook. | ▼ |
8— | AKRBP | Aker BP ASA | 62+4 | 68+10 | 52-3 | 54+8 | medium | Aker BP has solid 20-day momentum (+10.7%) but sliding Brent crude ($78.74/bbl) limits upside and introduces near-term headwind for the oil producer. | ▼ |
9— | NHY | Norsk Hydro ASA | 53+1 | 55+3 | 50-2 | 69+4 | medium | Norsk Hydro shows modest positive 5-day momentum (+2.3%) and sits above its moving average, but the near-flat 20-day return (-0.2%) and mid-range positioning offer only a neutral-to-slightly-positive setup. | ▼ |
10▲2 | KOG | Kongsberg Gruppen ASA | 50+7 | 48+10 | 55 | 46+8 | medium | Kongsberg's sharp 20-day pullback (-8.5%) is partially offset by a strong 5-day bounce (+3.9%) and positive vsMA, suggesting a tentative recovery, but elevated volatility (17.6%) demands caution. | ▼ |
11▼1 | ORK | Orkla ASA | 47 | 38-6 | 55 | 74+2 | medium | Orkla is a defensive consumer staples name with low volatility but flat-to-negative 20-day momentum (-1.8%) and sitting only mid-range — no clear near-term catalyst. | ▼ |
12▲2 | SUBC | Subsea 7 SA | 46+16 | 40+18 | 50+2 | 53+5 | medium | Subsea 7 is mid-range with slightly negative 20-day momentum (-2.6%) and only marginally above its moving average — no clear catalyst in an otherwise range-bound technical picture. | ▼ |
13— | TEL | Telenor ASA | 42+7 | 35+5 | 53+3 | 53+5 | low | Telenor shows decent 5-day momentum (+2.0%) but is negative over 20 days (-4.3%), below its moving average, and sitting in the lower half of its range — defensive but lacking a clear catalyst. | ▼ |
14▼3 | YAR | Yara International ASA | 34-10 | 22-18 | 48-2 | 66+2 | low | Yara is sitting near its 20-day low (Rng 5%), below its moving average (-3.3%), with a negative 5-day return — weak fertiliser sector dynamics and poor technical setup suggest near-term weakness. | ▼ |
15— | SCATC | Scatec ASA | 30+8 | 20+8 | 44+4 | 67+5 | low | Scatec is the weakest setup in the universe — negative 5-day and 20-day returns, well below its moving average (-3.3%), near its 20-day low (Rng 19%), with renewables facing sector headwinds. | ▼ |