1— | KOG | Kongsberg Gruppen ASA | 84+6 | 92+5 | 68+10 | 45+3 | high | Kongsberg is at its 20-day high with +3% weekly gain, +12% monthly surge, and +6.7% above its MA, driven by sustained defence-spending tailwinds across NATO. | ▼ |
2▲4 | NHY | Norsk Hydro ASA | 80+10 | 92+14 | 60+8 | 50-2 | high | Norsk Hydro is at its 20-day high with a strong +7.3% weekly surge and +10.2% monthly gain, benefiting from recovering aluminium prices and a weaker NOK supporting exports. | ▼ |
3▲7 | EQNR | Equinor ASA | 76+26 | 82+34 | 68+13 | 30-8 | high | Equinor's +14.9% monthly return and Brent at $89.51 create a strong positive backdrop, though above-average realised volatility (18.5%) warrants some caution. | ▼ |
4▼1 | SALM | SalMar ASA | 74-2 | 85 | 55+3 | 42-6 | high | SalMar is near its 20-day high (97% range) with +11.9% monthly momentum, the strongest setup in aquaculture despite missing salmon spot price data. | ▼ |
5▲3 | SUBC | Subsea 7 SA | 72+10 | 80+18 | 60+10 | 48-4 | high | Subsea 7 is at its 20-day high (98% range) with +2.5% weekly momentum and +3.3% above its MA, supported by healthy offshore capex at current oil prices. | ▼ |
6▼4 | STB | Storebrand ASA | 70-7 | 80-2 | 60+2 | 50-7 | high | Storebrand is near its 20-day high (93% range) with solid +8.5% monthly and +1.7% weekly gains, benefiting from a rising interest rate environment supporting insurance/pension returns. | ▼ |
7▲2 | AKRBP | Aker BP ASA | 67+12 | 65+13 | 65+10 | 55-2 | medium | Aker BP benefits from Brent at $89.51 and shows solid +5.9% monthly momentum, but sits at only 61% of its 20-day range, limiting near-term upside conviction. | ▼ |
8▼4 | DNB | DNB Bank ASA | 65-9 | 62-14 | 65+5 | 78-4 | medium | DNB is near its 20-day high (82%) with a stable +2.5% monthly return and very low realised volatility (4.7%), making it a quality defensive holding in the current macro. | ▼ |
9▼2 | MOWI | Mowi ASA | 60-2 | 55-5 | 55+5 | 48-7 | medium | Mowi has +5.9% monthly momentum but a -3.1% weekly dip and sits in the middle of its range (61%), giving a mixed short-term picture with no salmon spot data available. | ▼ |
10▼5 | AUSS | Austevoll Seafood ASA | 58-14 | 60-18 | 50 | 72-3 | medium | Austevoll has a modest +5.2% monthly return and is 81% through its range, but the flat weekly return (-0.2%) and no fundamental data limit conviction. | ▼ |
11▲1 | BWLPG | BW LPG Limited | 55+11 | 52+12 | 55+7 | 52-2 | medium | BW LPG has a decent +5.6% monthly return but a -1.7% weekly pullback and sits mid-range (61%), with LPG freight market uncertainty creating a mixed outlook. | ▼ |
12▲1 | SCATC | Scatec ASA | 40+2 | 35+3 | 45+3 | 58-7 | low | Scatec shows a negative 20-day trend (-2.1%) and is only 34% through its range, with renewable energy project risk and no fundamental data to support a bullish case. | ▼ |
13▼2 | ORK | Orkla ASA | 38-10 | 33-9 | 52 | 72-8 | low | Orkla has negative 5d (-0.8%) and 20d (-1.3%) returns, sitting below its MA and mid-range, reflecting a lack of near-term catalysts for this defensive consumer staples name. | ▼ |
14▲1 | YAR | Yara International ASA | 28+6 | 18+10 | 42+2 | 48+3 | low | Yara is in a clear downtrend with -6.8% over 20 days, -3.9% below its MA, and near its 20-day low (18% range), as weak fertiliser pricing and high input costs weigh heavily. | ▼ |
15▼1 | TEL | Telenor ASA | 22-8 | 15-7 | 42-6 | 40 | low | Telenor is the weakest name in the universe with -9.1% over 20 days, near its 20-day low (23% range), and elevated realised volatility (14%) in a challenged telecom environment. | ▼ |