1— | SALM | SalMar ASA | 82 | 92-3 | 55 | 38 | high | SalMar is the standout momentum leader with +12.2% in 5 days and +9.3% over 20 days, sitting at 92% of its 20-day range — the strongest setup in the universe. | ▼ |
2— | AUSS | Austevoll Seafood ASA | 74-2 | 84-4 | 52 | 60+5 | high | Austevoll Seafood shows strong broad-based momentum (+7.0% / +5.3%) at 92% of its 20-day range, benefiting from the same salmon-price tailwind as its sector peers. | ▼ |
3▲3 | NHY | Norsk Hydro ASA | 68+3 | 74-1 | 55+3 | 63+3 | medium | Norsk Hydro shows solid momentum (+4.3% / +6.1%) at 79% of its range with relatively low volatility, supported by aluminium demand recovery and a constructive EUR/NOK for European revenues. | ▼ |
4▼1 | MOWI | Mowi ASA | 67-7 | 72-13 | 54 | 65+7 | medium | Mowi participates in the aquaculture sector rally (+5.6% / +1.8%) with lower volatility than sector peers, though its 20-day gain is the weakest of the three salmon names. | ▼ |
5▲2 | DNB | DNB Bank ASA | 66+1 | 65-3 | 62+2 | 88+8 | medium | DNB offers the best risk-adjusted profile in the universe with very low realised volatility (4.0%), steady positive momentum (+1.7% / +3.5%), and resilient Nordic banking fundamentals. | ▼ |
6▼1 | STB | Storebrand ASA | 63-4 | 60-12 | 60+2 | 92+10 | medium | Storebrand exhibits the lowest volatility in the universe (3.1%) with positive momentum and strong insurance/savings sector positioning in a rising-rate environment. | ▼ |
7▲3 | BWLPG | BW LPG Limited | 63+6 | 74+12 | 52+2 | 38 | medium | BW LPG has solid momentum (+3.3% / +7.4%) with a strong vsMA reading (+5.0%), aided by supportive LPG freight rates and USD/NOK tailwind, though elevated volatility (14.6%) is a drag. | ▼ |
8▲3 | SUBC | Subsea 7 SA | 60+5 | 62+2 | 57+5 | 57+9 | medium | Subsea 7 has a strong 20-day return (+7.5%) and benefits from high Brent crude supporting offshore capex, but a small weekly dip (-1.8%) and mid-range position temper conviction. | ▼ |
9▲3 | KOG | Kongsberg Gruppen ASA | 60+6 | 60+8 | 60+2 | 46+6 | medium | Kongsberg Gruppen shows strong 20-day momentum (+7.0%) driven by elevated defence spending, but the recent -1.8% weekly dip and high volatility (12.8%) suggest near-term consolidation. | ▼ |
10▲4 | TEL | Telenor ASA | 59+7 | 54+9 | 58+3 | 95+7 | medium | Telenor is the lowest-volatility stock in the universe (2.6%) with stable positive momentum, offering a defensive anchor, though limited upside catalyst keeps conviction moderate. | ▼ |
11▼3 | SCATC | Scatec ASA | 55-5 | 55-13 | 48+3 | 62+4 | medium | Scatec shows modest positive momentum (+4.6% / 20d) at 68% of its range, but near-flat weekly return (+0.2%) and renewables sector uncertainty around interest rates limit conviction. | ▼ |
12▼8 | YAR | Yara International ASA | 52-16 | 48-32 | 50 | 55+3 | medium | Yara shows mildly positive weekly momentum (+1.2%) but a negative 20-day trend (-2.7%), with fertiliser market headwinds and energy-cost sensitivity creating a mixed picture. | ▼ |
13▼4 | AKRBP | Aker BP ASA | 48-10 | 45-13 | 55-3 | 60+2 | medium | Aker BP has a positive 20-day return (+3.8%) supported by $90 Brent, but a -2.9% weekly decline and mid-range positioning indicate near-term selling pressure offsetting the constructive crude backdrop. | ▼ |
14▼1 | EQNR | Equinor ASA | 44-8 | 36-6 | 57-3 | 58+2 | low | Equinor is the weakest performer this week (-4.4%) despite a supportive crude price, sitting below its 20-day MA and at only 46% of its range — momentum has clearly turned negative short-term. | ▼ |
15— | ORK | Orkla ASA | 22 | 8 | 45+3 | 48 | low | Orkla is the clear laggard: -11.0% over 20 days, -7.4% below its 20-day MA, sitting exactly at its 20-day low (0% range position) — a deeply negative momentum setup with no visible catalyst for reversal. | ▼ |