1— | EQNR | Equinor ASA | 82 | 93+3 | 68+3 | 65+3 | high | EQNR combines the strongest crude oil tailwind with exceptional momentum — +3.7% 5d, +10.2% 20d, at 100% of its 20-day range — making it the top-conviction buy in the universe today. | ▼ |
2— | SALM | SalMar ASA | 79+1 | 92+4 | 58+6 | 42+4 | high | SALM is the strongest momentum name in the universe — +5% 5d, +11.2% 20d, at 100% of its 20-day range and well above its MA — signalling clear sector leadership with likely positive aquaculture pricing driving the move. | ▼ |
3— | BWLPG | BW LPG Limited | 74-2 | 88+1 | 58+3 | 60+2 | high | BWLPG is at 100% of its 20-day range with strong momentum (+3.1% 5d, +9.8% 20d) and is directly benefiting from elevated LPG shipping demand alongside high energy commodity prices. | ▼ |
4— | AKRBP | Aker BP ASA | 72 | 72-3 | 65+3 | 80+2 | high | Brent at $107/bbl is a strong tailwind for AKRBP, which sits at 80% of its 20-day range with solid 20d momentum (+6.8%) and low volatility, making it an attractive energy play. | ▼ |
5— | MOWI | Mowi ASA | 58 | 60+3 | 55+5 | 68+3 | medium | MOWI shows positive 5d and 20d momentum, trading above its 20-day MA near mid-range, supported by a healthy aquaculture sector backdrop even without salmon spot price confirmation. | ▼ |
6▲1 | DNB | DNB Bank ASA | 55+2 | 50 | 60+2 | 85+3 | medium | DNB has broadly flat momentum near its 20-day MA with low volatility; rising yields are modestly positive for net interest margins but rising USD and macro uncertainty temper upside. | ▼ |
7▼1 | YAR | Yara International ASA | 55 | 55-3 | 52 | 45+5 | medium | YAR has a decent 20d return (+8.2%) and sits at 65% of its range, but the weak 5-day print (-2.3%) and high volatility suggest the fertiliser rally may be stalling; high energy costs from $107 crude are a margin headwind. | ▼ |
8— | SCATC | Scatec ASA | 50+2 | 48 | 48+3 | 58+6 | medium | SCATC shows near-flat momentum near its MA at mid-range with modest volatility; the renewables sector faces a mixed backdrop as high oil prices reduce urgency but long-term policy support remains intact. | ▼ |
9▲1 | TEL | Telenor ASA | 46+8 | 32+2 | 55+3 | 90+2 | medium | TEL offers defensive stability with the lowest volatility in the universe and flat momentum, but the weak technical position (20% of range, slightly below MA) and rising yields reduce near-term appeal. | ▼ |
10▼1 | AUSS | Austevoll Seafood ASA | 44+2 | 38+3 | 50+5 | 62+4 | low | Weak price momentum with AUSS below its 20-day MA and sitting in the lower third of its range, despite mild 5-day bounce; no company-specific news and salmon spot price data unavailable. | ▼ |
11— | KOG | Kongsberg Gruppen ASA | 35+3 | 18-2 | 60+5 | 46+4 | low | KOG faces near-term momentum headwinds (-7.9% 20d, near 20-day lows) despite its strong structural defence/aerospace growth story; the technical setup argues for waiting for stabilisation. | ▼ |
12▲1 | SUBC | Subsea 7 SA | 33+5 | 14-4 | 52+7 | 65+5 | low | SUBC has broken down technically — near its 20-day low at just 2% of range, -5.5% 20d, -3.9% vs MA — and despite oilfield services benefiting from high crude, the momentum deterioration dominates. | ▼ |
13▼1 | STB | Storebrand ASA | 30 | 18-4 | 48 | 88+3 | low | STB is under pressure with negative 5d and 20d returns, sitting at just 9% of its 20-day range, and rising long-term yields create mark-to-market risk for its insurance and savings book. | ▼ |
14— | ORK | Orkla ASA | 24+6 | 8+3 | 45 | 43+5 | low | ORK sits at its 20-day low (-12.5% 20d, -5.2% vs MA) with deteriorating momentum and no positive catalysts; rising input costs from a stronger USD and higher yields add further pressure to this consumer staples name. | ▼ |
15— | NHY | Norsk Hydro ASA | 20+6 | 5+1 | 42+2 | 60+2 | low | NHY is the weakest name in the universe today — -8% in just 5 days, at 0% of its 20-day range — and elevated energy costs from high Brent compress aluminium smelting margins, reinforcing the avoid signal. | ▼ |