1▲3 | AKRBP | Aker BP ASA | 80+4 | 88+6 | 62-6 | 52-10 | high | Aker BP sits at its 20-day high with +2.3% weekly and +6.3% monthly gains, directly benefiting from Brent crude at $93.49/bbl — the strongest momentum and macro setup in the universe. | ▼ |
2▲1 | EQNR | Equinor ASA | 78 | 85 | 63-7 | 50-2 | high | Equinor's +8.6% monthly return and position near 20-day highs (93% of range) is powerfully supported by elevated Brent crude, making it a high-conviction energy long despite moderate vol. | ▼ |
3▼2 | KOG | Kongsberg Gruppen ASA | 76-6 | 80-10 | 65-3 | 35 | high | Kongsberg Gruppen's exceptional +16.1% 20-day return driven by structural European defence spending growth is a dominant positive catalyst, though recent -2.7% weekly pullback and high vol warrant some caution. | ▼ |
4▲1 | BWLPG | BW LPG Limited | 75+2 | 88+8 | 55-5 | 48-7 | high | BW LPG surges to its 20-day high with +4.9% weekly and monthly returns, reflecting a strong LPG shipping cycle and improved tanker market dynamics — a clear positive near-term setup. | ▼ |
5▼3 | SUBC | Subsea 7 SA | 72-7 | 78-10 | 58-4 | 38-2 | high | Subsea 7 is up +5.2% over 20 days, trades 85% up its 20-day range and +3.1% above its MA, riding a strong oilfield services cycle tied to elevated Brent and robust offshore capex. | ▼ |
6▲3 | NHY | Norsk Hydro ASA | 65+8 | 70+12 | 57+2 | 46-4 | medium | Norsk Hydro's +8.6% 20-day return and position 71% up its 20-day range at +2.2% above the MA reflects improving aluminium sentiment and a positive EUR/NOK backdrop for European export competitiveness. | ▼ |
7▼1 | DNB | DNB Bank ASA | 62-10 | 62-16 | 62-3 | 52-6 | medium | DNB shows solid +4.4% monthly momentum and trades above its 20-day MA in a constructive Nordic macro environment, though it sits mid-range with no specific near-term catalyst. | ▼ |
8▼1 | TEL | Telenor ASA | 60-5 | 63+1 | 58-4 | 74-8 | medium | Telenor's +2.0% weekly gain, proximity to 20-day highs (82% of range) and defensive telecoms profile make it a stable moderate-conviction hold, supported by predictable dividend yield and low volatility. | ▼ |
9▲6 | YAR | Yara International ASA | 55+33 | 57+49 | 50+12 | 44-4 | medium | Yara's +3.6% weekly pop and position above its 20-day MA provide a modest positive setup, though a near-flat 20-day return and elevated vol signal that fertiliser market uncertainty persists. | ▼ |
10▼2 | STB | Storebrand ASA | 44-18 | 33-25 | 55-7 | 68-4 | low | Storebrand's -2.2% weekly decline and position near 20-day lows despite a small monthly gain suggests profit-taking; its lower volatility profile limits the downside but no catalyst for a near-term reversal. | ▼ |
11▲2 | SALM | SalMar ASA | 42+1 | 35 | 50+2 | 48-7 | low | SalMar shows the best 20-day return among aquaculture names (+3.5%) and holds above its 20-day MA, partially offsetting the -5.3% weekly pullback which may be a short-term retracement within an uptrend. | ▼ |
12▼2 | SCATC | Scatec ASA | 40-8 | 35-10 | 45 | 52 | low | Scatec shows negative momentum on both weekly and monthly timeframes, trading around its 20-day MA with no catalyst visible; renewables sentiment remains mixed amid rate uncertainty. | ▼ |
13▼2 | MOWI | Mowi ASA | 38-6 | 28-10 | 48-2 | 63-5 | low | Mowi's -3.7% weekly decline and position near 20-day lows reflects sector headwinds from absent salmon spot data and cautious sentiment, though modest 20-day gains limit the downside case. | ▼ |
14— | ORK | Orkla ASA | 36+8 | 28+8 | 52+7 | 70 | low | Orkla's flat weekly return masks a -3.1% monthly decline and it trades below its 20-day MA with no stock-specific catalyst, offering defensive qualities but limited upside over 1–4 weeks. | ▼ |
15▼3 | AUSS | Austevoll Seafood ASA | 32-10 | 18-22 | 45 | 60-5 | low | Austevoll sits at its 20-day low with a -5.0% weekly loss and -2.5% below its 20-day MA, signalling near-term selling pressure with no stock-specific catalysts to reverse the trend. | ▼ |