1— | KOG | Kongsberg Gruppen ASA | 82-2 | 92 | 58-10 | 38-7 | high | Kongsberg Gruppen is the standout performer: +14.8% over 20 days, +4.1% last week, at its 20-day high, driven by continued strong defence-spending tailwinds across NATO. | ▼ |
2▲2 | SALM | SalMar ASA | 75+1 | 85 | 52-3 | 62+20 | high | SalMar leads the aquaculture pack with the strongest 20d return (+11.4%), at its 20-day high, though higher realised vol (8.3%) tempers the risk-adjusted view slightly. | ▼ |
3▲4 | AKRBP | Aker BP ASA | 74+7 | 82+17 | 55-10 | 58+3 | high | Aker BP benefits from Brent at $88.83/bbl, strong 5d (+4.1%) and 20d (+11.4%) momentum, and sits at 87% of its range — a constructive energy setup with moderate vol. | ▼ |
4▲6 | AUSS | Austevoll Seafood ASA | 72+14 | 80+20 | 50 | 78+6 | high | Austevoll is at its 20-day high with strong 5d (+3%) and 20d (+6.1%) momentum, benefiting from positive aquaculture sector tailwinds even without a salmon spot price print. | ▼ |
5▼2 | EQNR | Equinor ASA | 68-8 | 81-1 | 55-13 | 42+12 | medium | Equinor has excellent 5d/20d momentum supported by high oil prices but the high realised vol (14.1%) and large-cap energy complexity limit the short-term risk-adjusted score. | ▼ |
6▲3 | MOWI | Mowi ASA | 66+6 | 70+15 | 50-5 | 74+26 | medium | Mowi shows solid 20d momentum (+7.4%) but a muted 5d gain and sits at 78% of its 20d range, offering a decent aquaculture setup with slightly elevated vol. | ▼ |
7▼1 | STB | Storebrand ASA | 65-5 | 68-12 | 56-4 | 76+26 | medium | Storebrand has solid 20d momentum (+8.0%) with low vol (5.5%), and the Nordic rate environment is supportive for insurance/savings, though 5d is flattish. | ▼ |
8▼3 | SUBC | Subsea 7 SA | 63-9 | 62-18 | 54-6 | 58+10 | medium | Subsea 7 is at 99% of its 20-day range driven by oilfield services demand at elevated Brent, though weak 20d return (+0.8%) and moderate vol (9.5%) cap conviction. | ▼ |
9▼7 | NHY | Norsk Hydro ASA | 63-17 | 70-22 | 50-10 | 50 | medium | Norsk Hydro shows positive momentum (5d +3.3%, 20d +3.9%) and sits at 90% of its range, but higher vol (12.3%) and aluminium market uncertainty limit strong conviction. | ▼ |
10▼2 | DNB | DNB Bank ASA | 60-5 | 60-2 | 58-7 | 80+2 | medium | DNB shows steady 20d gains (+3.5%) with low volatility (4.7%) and sits at 83% of its range, making it a stable but unexciting hold in the current macro environment. | ▼ |
11▲1 | SCATC | Scatec ASA | 48+8 | 48+13 | 45 | 65+7 | medium | Scatec has slightly positive 5d momentum (+2.9%) but a negative 20d return (–1.4%), sitting mid-range at 68%, reflecting mixed signals in the renewables sector. | ▼ |
12▲1 | ORK | Orkla ASA | 36-2 | 28-5 | 50-2 | 78+6 | low | Orkla is the weakest consumer staples name with negative 5d and 20d returns, below its 20-day MA, and sitting at only 37% of its recent range — no clear catalyst. | ▼ |
13▼2 | BWLPG | BW LPG Limited | 35-20 | 30-22 | 48-7 | 58+6 | low | BW LPG faces negative 5d (–1.8%) and 20d (–0.7%) returns, sitting at only 40% of its 20-day range — shipping weakness and no identifiable positive catalyst. | ▼ |
14— | YAR | Yara International ASA | 30+2 | 18 | 45+3 | 52+4 | low | Yara is the weakest stock in the universe — negative 5d and 20d returns, 4.5% below its 20-day MA, near its 20-day low (12% range), with no visible positive catalyst. | ▼ |
15— | TEL | Telenor ASA | 28+6 | 20+5 | 48+6 | 48+8 | low | Telenor is the weakest momentum name with a severe –9.2% 20-day return, high realised vol (12.6%), sitting near 20-day lows (31% range) — avoid until trend stabilises. | ▼ |