1▲3 | KOG | Kongsberg Gruppen ASA | 80+8 | 90+12 | 62-3 | 52-20 | high | Kongsberg Gruppen surged +6.8% over the past week to its 20-day high with the strongest vsMA in the universe, signalling strong defence-driven momentum and clear near-term bullish setup. | ▼ |
2▲1 | BWLPG | BW LPG Limited | 76-2 | 88-4 | 55+3 | 38-22 | high | BW LPG leads the monthly return chart (+11.3%), is at its 20-day high, and trades well above its MA — strong LPG shipping market dynamics make this the clearest momentum buy in the universe. | ▼ |
3▼1 | EQNR | Equinor ASA | 68-11 | 75-11 | 60-7 | 43-22 | medium | Equinor is the strongest energy name — near its 20-day high, well above its MA (+3.8%), with a solid 20d return, all underpinned by elevated Brent at $98/bbl. | ▼ |
4▲10 | SCATC | Scatec ASA | 53+25 | 58+42 | 48+3 | 47-11 | medium | Scatec shows constructive mid-range positioning, a positive vsMA, and a solid 20d return — the renewables tailwind and stable setup justify moderate conviction with no major headwinds visible. | ▼ |
5▲2 | DNB | DNB Bank ASA | 52-5 | 44-6 | 62 | 85-1 | medium | DNB shows stable, low-volatility characteristics and a modest positive 20d return, but is slightly below its MA and in the lower third of range — a solid hold with limited upside catalyst. | ▼ |
6▲3 | YAR | Yara International ASA | 50-1 | 48-2 | 52-3 | 56-6 | medium | Yara's positive 20d return and mid-range positioning offer modest optimism, but the recent 5d pullback and marginal negative vsMA temper enthusiasm in a mixed fertiliser macro backdrop. | ▼ |
7▼6 | AKRBP | Aker BP ASA | 48-34 | 42-48 | 55-10 | 55-17 | medium | Aker BP benefits from Brent at $98/bbl but shows only middling momentum — slightly below its MA and in the lower third of its 20-day range, limiting near-term conviction. | ▼ |
8▼3 | SALM | SalMar ASA | 45-15 | 44-21 | 50-8 | 42-6 | medium | SalMar's strong 20-day return (+7.9%) is encouraging but the stock has pulled back to mid-range with a negative vsMA, suggesting momentum has faded and the setup is mixed. | ▼ |
9▲3 | SUBC | Subsea 7 SA | 36-2 | 28 | 48-4 | 38-17 | low | Subsea 7 has suffered a -6.2% monthly decline and sits in the lower third of its range with elevated volatility, reflecting sector uncertainty despite long-term energy services demand. | ▼ |
10▼2 | MOWI | Mowi ASA | 35-17 | 28-20 | 48-9 | 62-6 | low | Mowi is at its 20-day low with modestly negative momentum despite a slight positive 20d return; low relative volatility provides some cushion but no clear near-term catalyst exists. | ▼ |
11▼1 | STB | Storebrand ASA | 35-11 | 22-10 | 52-6 | 75-12 | low | Storebrand is at its 20-day low with negative momentum across all timeframes; while defensively valued, the lack of any catalyst and weak trend weigh on near-term outlook. | ▼ |
12▼6 | TEL | Telenor ASA | 33-25 | 20-32 | 52-8 | 78-10 | low | Telenor sits at its 20-day low with negative momentum across all timeframes; while its defensive telecom profile provides stability, the persistent downtrend and no catalyst keep conviction low. | ▼ |
13▼2 | AUSS | Austevoll Seafood ASA | 28-10 | 18 | 42-8 | 45-17 | low | Austevoll sits at its 20-day low with a negative vsMA and weak recent momentum; absent salmon spot data and no fresh catalyst leave the setup unconvincing. | ▼ |
14▼1 | ORK | Orkla ASA | 27-8 | 15-5 | 50-2 | 55+9 | low | Orkla sits at its 20-day low with a -6.0% monthly return and deeply negative vsMA, reflecting persistent selling with no visible catalyst for a near-term reversal. | ▼ |
15— | NHY | Norsk Hydro ASA | 25+3 | 12+2 | 45 | 32-18 | low | Norsk Hydro is the weakest momentum name in the universe — -5.5% in five days, near its 20-day low, deeply below its MA, with the highest realised volatility, signalling clear near-term risk. | ▼ |