1— | BWLPG | BW LPG Limited | 78 | 92 | 55+5 | 40+2 | high | Strongest momentum in the universe with +7.1% weekly and +9.1% monthly gains, price at 100% of its 20-day range; LPG shipping rates and a weak NOK are clear tailwinds. | ▼ |
2▲2 | YAR | Yara International ASA | 76+4 | 88+6 | 55+3 | 55+1 | high | Outstanding 5-day surge (+7.6%) pushing price to 98% of its 20-day range with vsMA at +4.5%, likely driven by fertiliser price improvement and/or a positive sector catalyst. | ▼ |
3▼1 | EQNR | Equinor ASA | 75-1 | 80-2 | 62+2 | 57+7 | high | Best 5-day return in the energy sector (+3.4%), at 92% of its 20-day range, and well above its MA with Brent crude supportive; large-cap stability adds conviction. | ▼ |
4▼1 | AKRBP | Aker BP ASA | 74-1 | 78-2 | 60+2 | 55+5 | high | Strong energy momentum with +4.2% over 20 days, price at 90% of its 20-day range, and Brent at $91.81/bbl providing a firm commodity tailwind. | ▼ |
5— | NHY | Norsk Hydro ASA | 68 | 72-2 | 55+1 | 50+4 | medium | Strong 20-day gain (+6.8%) and price well above MA with the range position at 83%; aluminium sector momentum and USD/NOK at 9.31 supportive for the exporter. | ▼ |
6— | DNB | DNB Bank ASA | 63+1 | 65+2 | 60+2 | 68 | medium | Strong 20-day performance (+4.7%) with price above MA and in the upper range quartile; Nordic financials benefit from a still-elevated rate environment. | ▼ |
7— | SALM | SalMar ASA | 60 | 63 | 55+5 | 62 | medium | Best momentum among the aquaculture trio with a +3.5% 20-day return and +1.6% above MA, though higher realised volatility tempers the overall conviction. | ▼ |
8— | MOWI | Mowi ASA | 58 | 60 | 55+5 | 76 | medium | Solid 20-day trend with positive vsMA and a firm range position; largest global salmon farmer benefits from sector momentum with low realised volatility. | ▼ |
9— | AUSS | Austevoll Seafood ASA | 55 | 54-1 | 52+2 | 72 | medium | Modest positive 20-day momentum and salmon sector tailwinds from elevated protein demand, though spot price data is unavailable and 5-day return is marginally negative. | ▼ |
10▲1 | TEL | Telenor ASA | 55+3 | 48+3 | 57+2 | 88 | medium | Stable low-volatility profile (Vol 2.5%) with modest positive 20-day return; near MA with no news catalyst makes it a defensive hold rather than an active buy. | ▼ |
11▼1 | SUBC | Subsea 7 SA | 54-1 | 53-3 | 55+3 | 42+4 | medium | Decent 20-day gain with price above MA, but a -2.1% 5-day pullback and high realised volatility (13.1%) limit near-term conviction in this offshore services name. | ▼ |
12— | SCATC | Scatec ASA | 49+1 | 47+1 | 48 | 55+3 | medium | Positive 20-day trend and above MA, but a -2.5% weekly drop and renewables sector policy uncertainty leave signals mixed with no clear near-term catalyst. | ▼ |
13— | KOG | Kongsberg Gruppen ASA | 48+3 | 40+2 | 58 | 38+5 | medium | Exceptional 20-day momentum (+8.7%) is being sharply unwound with a -6.5% weekly drop, suggesting profit-taking or a missed catalyst; mid-range position reflects the tension. | ▼ |
14— | STB | Storebrand ASA | 44+2 | 33+3 | 55+3 | 82-3 | low | Marginal 20-day gain but a -2.0% 5-day drop leaves price near the low end of its range at just 23%, signalling near-term weakness with minimal catalyst. | ▼ |
15— | ORK | Orkla ASA | 22-6 | 12 | 50 | 45 | low | Significant 5-day (-5.8%) and 20-day (-4.4%) declines with price sitting at just 13% of its 20-day range signal clear near-term distribution and no visible catalyst to reverse. | ▼ |