1▲2 | DNB | DNB Bank ASA | 76+2 | 80+8 | 63+3 | 85-3 | high | DNB is at its 20d high (Rng=100%), shows strong 5d momentum (+2.5%) with the lowest volatility in the universe (4.4%), and benefits from a constructive Nordic rate and credit environment. | ▼ |
2▲7 | NHY | Norsk Hydro ASA | 72+19 | 82+27 | 55+5 | 66-3 | high | Norsk Hydro is at its 20d high (Rng=100%) with the best 5d return among Materials (+5.9%) and a positive vsMA of +4.1%, supported by aluminium price recovery and energy cost normalisation. | ▼ |
3▲3 | STB | Storebrand ASA | 70+2 | 75+1 | 60+3 | 67+2 | high | Storebrand's 20d gain of +9.0%, near-peak range positioning (95%), and low realised volatility (8.7%) reflect strong structural demand for pension/savings products in the Nordic market. | ▼ |
4▲6 | KOG | Kongsberg Gruppen ASA | 68+18 | 73+25 | 58+3 | 48+2 | medium | Kongsberg Gruppen combines strong 5d momentum (+3.9%) with an elevated vsMA of +5.9% — the highest in the universe — supported by sustained defence spending tailwinds in NATO countries. | ▼ |
5▲7 | SUBC | Subsea 7 SA | 67+21 | 72+32 | 54+4 | 52-1 | medium | Subsea 7 posts the best 5d return in the universe (+7.6%), signalling a sharp reversal from its negative 20d trend, likely driven by contract momentum in the offshore energy services sector. | ▼ |
6▼4 | SALM | SalMar ASA | 66-9 | 71-13 | 53+1 | 52 | medium | SalMar leads aquaculture momentum at +9.9% over 20 days and is positioned at 83% of its 20d range, with strong salmon spot price tailwinds supporting the sector. | ▼ |
7▼6 | MOWI | Mowi ASA | 65-11 | 68-14 | 53+1 | 58 | medium | Mowi exhibits the best 20d momentum (+7.1%) among the three aquaculture names and sits near its 20d high, with stable sector tailwinds from rising salmon prices. | ▼ |
8▼4 | AUSS | Austevoll Seafood ASA | 64-8 | 66-12 | 52+2 | 70+2 | medium | Strong 20d momentum (+6.4%) with price near 20d high supports a positive aquaculture sector setup, though the absence of fundamental data and slight 5d weakness temper conviction. | ▼ |
9▼2 | EQNR | Equinor ASA | 62-3 | 72-8 | 57+2 | 42 | medium | Equinor's exceptional 20d return (+14.3%) stands out as the strongest month-long momentum in the universe, though elevated realised volatility (18.7%) and moderate Brent temper the score. | ▼ |
10▼5 | BWLPG | BW LPG Limited | 62-9 | 68-10 | 52 | 50 | medium | BW LPG's strong 20d return (+11.6%) and decent range positioning (74%) reflect improving LPG shipping rates, though elevated sector volatility (14.5%) and near-term freight rate uncertainty cap upside. | ▼ |
11▼3 | AKRBP | Aker BP ASA | 57-5 | 58-10 | 55+3 | 55+1 | medium | Aker BP shows a solid 20d recovery (+8.6%) but Brent at $79/bbl provides only moderate support for E&P names, and the 5d gain is minimal with mid-range positioning. | ▼ |
12▼1 | ORK | Orkla ASA | 42-5 | 35-3 | 52-3 | 78+4 | low | Orkla's negative 20d return (-3.5%), below-MA price positioning, and lack of any identifiable near-term catalyst make this a weak hold amid sluggish consumer staples demand. | ▼ |
13▲2 | SCATC | Scatec ASA | 38+8 | 32+12 | 45+1 | 68+1 | low | Scatec shows weak 20d momentum (-4.3%), sits in the lower third of its 20d range (Rng=30%), and faces continued headwinds from higher discount rates compressing renewable project valuations. | ▼ |
14▼1 | TEL | Telenor ASA | 33-9 | 25-10 | 48-5 | 52-1 | low | Telenor sits at only 36% of its 20d range with a -6.5% 20d return and -1.4% vsMA, reflecting persistent structural pressure from competitive telecom markets and limited near-term re-rating catalysts. | ▼ |
15▼1 | YAR | Yara International ASA | 22-12 | 10-12 | 42-6 | 62-4 | low | Yara sits at its 20d low (Rng=0%) with a -5.2% vsMA and negative returns across both 5d and 20d timeframes, signalling clear downward pressure with no visible near-term catalyst. | ▼ |