EQNR

Score 63 — Brent at $105/bbl provides a strong fundamental backdrop, and EQNR's solid 20d return (+4.8%) and mid-range position (56%) confirm the macro tailwind is being reflected in price.

Score 63 — Brent at $105/bbl provides a strong fundamental backdrop, and EQNR's solid 20d return (+4.8%) and mid-range position (56%) confirm the macro tailwind is being reflected in price.

Score 40 — exited; fell below selection threshold

Score 40 — reducing weight (rebalance)

Score 56 — reducing weight (rebalance)

Score 56 — reducing weight (rebalance)

Score 72 — Equinor is the strongest energy name — near 20-day highs (88% range), +5.0% monthly and positive weekly momentum, all supported by high Brent crude prices.

Score 72 — Equinor is the strongest energy name — near 20-day highs (88% range), +5.0% monthly and positive weekly momentum, all supported by high Brent crude prices.

Score 68 — reducing weight (rebalance)

Score 79 — reducing weight (rebalance)

Score 87 — reducing weight (rebalance)

Score 88 — EQNR is the standout pick — at its 20-day high, +9.8% monthly gain, +7.7% last week, with Brent at $108/bbl providing a powerful macro tailwind.

Score 82 — 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.

Score 82 — reducing weight (rebalance)

Score 82 — Equinor sits at its 20-day high with +10.2% monthly return and +4.5% above MA, fully benefiting from Brent crude at $106.78 — strongest combined macro and momentum signal in the universe today.

Score 80 — EQNR is at its 20-day high with +6.5% monthly momentum and +5.3% above its MA, with high-oil-price tailwinds from Brent at $105 and a modest USD/NOK of 9.29 supporting strong NOK earnings.

Score 80 — EQNR is at its 20-day high with +6.5% monthly momentum and +5.3% above its MA, with high-oil-price tailwinds from Brent at $105 and a modest USD/NOK of 9.29 supporting strong NOK earnings.

Score 72 — reducing weight (rebalance)

Score 72 — Equinor benefits from $100 Brent crude and trades near the upper portion of its 20-day range with solid monthly momentum, offset slightly by geopolitical tail risk in its operating regions.

Score 70 — Equinor is well-positioned with Brent near $99, positive 5d and 20d momentum, and a large diversified energy portfolio providing stability at current crude prices.

Score 70 — reducing weight (rebalance)

Score 70 — Equinor benefits directly from elevated Brent crude prices with +5.8% 20d momentum, positive vsMA, and the scale/diversification of a major integrated energy company.

Score 70 — Equinor benefits directly from elevated Brent crude prices with +5.8% 20d momentum, positive vsMA, and the scale/diversification of a major integrated energy company.

Score 70 — reducing weight (rebalance)

Score 70 — reducing weight (rebalance)

Score 82 — Equinor sits at its 20-day high with +4.7% weekly and +9.9% monthly gains, fully supported by Brent crude at $95.69/bbl — the strongest setup in the universe.

Score 82 — Equinor sits at its 20-day high with +4.7% weekly and +9.9% monthly gains, fully supported by Brent crude at $95.69/bbl — the strongest setup in the universe.

Score 79 — Brent crude at $94.38/bbl combined with strong +8.7% monthly return and the stock sitting at its 20-day high creates a compelling short-term setup for Norway's largest energy company.

Score 79 — Brent crude at $94.38/bbl combined with strong +8.7% monthly return and the stock sitting at its 20-day high creates a compelling short-term setup for Norway's largest energy company.

Score 75 — Strong momentum (+4.9% 20d, +3.3% vs MA, 93% range) underpinned by high Brent crude; large, diversified energy major with stable cash flows and relatively low volatility (8.5% Vol).

Score 75 — Strong momentum (+4.9% 20d, +3.3% vs MA, 93% range) underpinned by high Brent crude; large, diversified energy major with stable cash flows and relatively low volatility (8.5% Vol).

Score 48 — Brent at $88/bbl is broadly supportive but Equinor has delivered zero 20-day return (+0.0%) with a -3.2% week and sits only mid-range (Rng 53%), signalling stalled momentum.

Score 44 — reducing weight (rebalance)

Score 56 — exited; fell below selection threshold

Score 56 — reducing weight (rebalance)

Score 67 — reducing weight (rebalance)

Score 67 — reducing weight (rebalance)

Score 75 — 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.

Score 75 — reducing weight (rebalance)

Score 76 — reducing weight (rebalance)

Score 78 — 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.

Score 78 — 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.

Score 78 — Equinor's own dividend announcement, Brent above $92, and a +10% 20-day return at 89% of range make this the top Energy pick with strong short-term setup.

Score 78 — Equinor's own dividend announcement, Brent above $92, and a +10% 20-day return at 89% of range make this the top Energy pick with strong short-term setup.

Score 74 — exited; fell below selection threshold

Score 74 — reducing weight (rebalance)

Score 75 — Exceptional 20-day return of +10.6% and solid 5-day gain of +3.7% driven by elevated Brent at $91.25, though elevated realised volatility (14.0%) limits the volatility sub-score.

Score 75 — Exceptional 20-day return of +10.6% and solid 5-day gain of +3.7% driven by elevated Brent at $91.25, though elevated realised volatility (14.0%) limits the volatility sub-score.

Score 73 — reducing weight (rebalance)

Score 73 — exited; fell below selection threshold

Score 72 — Equinor's +11.2% 20-day return is buoyed by Brent crude at $87.44 and a supportive USD/NOK of 9.49, though elevated vol (14.1%) tempers the setup.

Score 72 — Equinor's +11.2% 20-day return is buoyed by Brent crude at $87.44 and a supportive USD/NOK of 9.49, though elevated vol (14.1%) tempers the setup.

Score 68 — reducing weight (rebalance)

Score 68 — reducing weight (rebalance)

Score 76 — Equinor's +14.9% monthly return and Brent at $89.51 create a strong positive backdrop, though above-average realised volatility (18.5%) warrants some caution.

Score 76 — Equinor's +14.9% monthly return and Brent at $89.51 create a strong positive backdrop, though above-average realised volatility (18.5%) warrants some caution.

Score 50 — reducing weight (rebalance)

Score 58 — Strong 20-day return (+12.9%) with modest positive vsMA, but a sharp 5-day pullback (-3.7%) and elevated volatility (14.3% Vol) introduce near-term caution.

Score 44 — reducing weight (rebalance)

Score 62 — reducing weight (rebalance)

Score 65 — Equinor's exceptional 20-day return (+20.3%) and above-average position in range are compelling, but elevated realised volatility (19.7%) and slipping oil prices temper the short-term outlook.

Score 62 — Exceptional 20d strength at +21.4% and still 7.3% above its 20d MA, but high realized volatility (22.6%) and a 5d pullback indicate some near-term mean-reversion risk.

Score 55 — exited; fell below selection threshold

Score 55 — reducing weight (rebalance)

Score 78 — Equinor's exceptional 20-day surge (+26.4%) and high range positioning (94%) are supported by Brent at $87, though elevated realised volatility (23.6%) tempers conviction slightly.

Score 77 — Equinor is the standout energy performer with +20.4% over 20 days and +8.1% above MA, directly benefiting from $91 Brent crude; high volatility is the main risk.

Score 77 — reducing weight (rebalance)

Score 80 — reducing weight (rebalance)

Score 85 — reducing weight (rebalance)

Score 89 — reducing weight (rebalance)

Score 85 — Exceptional momentum with +14.3% 20d return, +10.3% above MA, and at 100% of range — Brent at $96 is a powerful macro tailwind for Equinor.

Score 85 — Brent at $90.56/bbl and a massive +8.7%/+13.2% 5d/20d surge with price at 20-day highs makes Equinor the strongest setup in the universe today.

Score 76 — reducing weight (rebalance)

Score 85 — Equinor leads the entire universe with +7.5% 5d and +8.3% 20d momentum, +9.2% above its 20-day MA, at the 20-day high — ideal setup with Brent support.

Score 85 — Equinor leads the entire universe with +7.5% 5d and +8.3% 20d momentum, +9.2% above its 20-day MA, at the 20-day high — ideal setup with Brent support.

Score 82 — Exceptional +9.2% weekly surge to 20-day high driven by Brent at $85.47/bbl and strong directional momentum, making it the standout buy in the portfolio.

Score 82 — Exceptional +9.2% weekly surge to 20-day high driven by Brent at $85.47/bbl and strong directional momentum, making it the standout buy in the portfolio.

Score 63 — Equinor is recovering well with +3.6% last week, trading 3.4% above its 20-day MA and in the 75th percentile of range, supported by Brent at $84.

Score 63 — Equinor is recovering well with +3.6% last week, trading 3.4% above its 20-day MA and in the 75th percentile of range, supported by Brent at $84.

Score 58 — reducing weight (rebalance)

Score 58 — reducing weight (rebalance)

Score 72 — Exceptional 5-day momentum (+8.3%) with price now 4.7% above its 20-day MA and sitting in the middle of its 20-day range, signalling a meaningful trend reversal backed by a state-integrated balance sheet.

Score 72 — Exceptional 5-day momentum (+8.3%) with price now 4.7% above its 20-day MA and sitting in the middle of its 20-day range, signalling a meaningful trend reversal backed by a state-integrated balance sheet.

Score 50 — Equinor shows a recovery signal — +4.1% this week and back above its 20-day MA (+1.3%), though the 20-day return is still negative and Brent at $78 is only modestly supportive.

Score 36 — reducing weight (rebalance)

Score 40 — Equinor faces a double headwind of subdued Brent crude at $72.76 and a sharp -10.1% 20-day decline, with price deeply below its 20-day MA and in the 17th percentile of its range.

Score 33 — Brent at $72/bbl suppresses energy sector sentiment and EQNR's -10.1% monthly return with a low Rng of 17% signals continued near-term pressure.

Score 30 — reducing weight (rebalance)

Score 28 — reducing weight (rebalance)

Score 32 — Equinor shows slightly better resilience than Aker BP with only 8% range positioning, but $73 Brent and a -10.6% 20-day return signal continued selling pressure from energy macro headwinds.

Score 26 — Equinor mirrors Aker BP's weakness (-11.9% 20d, 4% range) with Brent headwinds, though its integrated downstream business and stronger balance sheet provide marginal fundamental support.

Score 24 — Equinor is also at its 20-day low (Rng=1%) with persistent selling pressure (-7.8% 20d) and depressed Brent crude weighing on near-term earnings expectations.

Score 23 — Equinor mirrors Aker BP at its 20-day low with -9% monthly momentum and Brent below $75, limiting any near-term recovery catalyst despite its diversified portfolio and dividend support.

Score 21 — reducing weight (rebalance)

Score 28 — Equinor faces the most challenging momentum setup in the energy sector — down 9.8% over 20 days, at just 12% of its range, 6% below its 20-day MA, with Brent providing no near-term tailwind.

Score 24 — Equinor has the worst energy momentum — down 12.1% over 20 days, -7.2% below MA, at the bottom 8% of its range — and soft Brent at $77 offers no near-term upside trigger.

Score 19 — Equinor leads the sell-off with -9.2% on the week and -13.3% over 20 days, trading at just 8% of its recent range — the weakest momentum reading in the entire universe.

Score 15 — reducing weight (rebalance)

Score 16 — reducing weight (rebalance)

Score 20 — Equinor mirrors AKRBP's bearish setup — at its 20-day low (Rng=0%), -11.3% over 20 days, -7.8% below MA — Brent weakness and hawkish Fed repricing are a double headwind for the integrated oil major.

Score 18 — reducing weight (rebalance)

Score 52 — reducing weight (rebalance)

Score 52 — exited; fell below selection threshold

Score 72 — Equinor leads the energy sector with +3.8% weekly and +4.0% monthly gains, sitting at 74% of its 20-day range and supported by elevated Brent crude — the strongest risk/reward in the universe today.

Score 72 — Equinor leads the energy sector with +3.8% weekly and +4.0% monthly gains, sitting at 74% of its 20-day range and supported by elevated Brent crude — the strongest risk/reward in the universe today.

Score 58 — reducing weight (rebalance)

Score 58 — reducing weight (rebalance)

Score 65 — reducing weight (rebalance)

Score 65 — reducing weight (rebalance)

Score 62 — reducing weight (rebalance)

Score 62 — reducing weight (rebalance)

Score 75 — Equinor is the top energy pick with +5.6% weekly gain, positive 20d trend, and direct leverage to elevated Brent crude at $97.51/bbl, while lower volatility than AKRBP adds quality.

Score 75 — Equinor is the top energy pick with +5.6% weekly gain, positive 20d trend, and direct leverage to elevated Brent crude at $97.51/bbl, while lower volatility than AKRBP adds quality.

Score 60 — reducing weight (rebalance)

Score 60 — reducing weight (rebalance)

Score 70 — EQNR is a primary beneficiary of elevated Brent at $97/bbl with a strong +5.4% weekly gain, though the 20-day return remains negative (-5.2%), limiting the conviction to moderate-strong.

Score 70 — EQNR is a primary beneficiary of elevated Brent at $97/bbl with a strong +5.4% weekly gain, though the 20-day return remains negative (-5.2%), limiting the conviction to moderate-strong.

Score 54 — Elevated Brent crude ($97.57) supports Equinor's earnings outlook; modest -0.8%/5d decline and Rng=32% indicate a holding pattern with upside optionality if oil sustains current levels.

Score 54 — Elevated Brent crude ($97.57) supports Equinor's earnings outlook; modest -0.8%/5d decline and Rng=32% indicate a holding pattern with upside optionality if oil sustains current levels.

Score 45 — Equinor benefits from elevated Brent crude but exhibits similar negative short-term momentum to Aker BP (-1.9% 5d, -4.1% 20d) with slightly higher volatility and a below-average range position (37%), keeping the score in neutral territory.

Score 28 — Equinor posts the worst weekly return in the energy group (-8.2%), is at the bottom of its 20-day range, and trades well below the 20-day MA — a broad energy sell-off overrides Brent's support.

Score 28 — Equinor faces the dual headwind of a potential Iran ceasefire deal softening crude prices and its worst 5d return (-8.2%) in the universe, sitting near 20d lows.

Score 22 — reducing weight (rebalance)

Score 40 — reducing weight (rebalance)

Score 62 — Equinor holds steady near its MA supported by strong crude prices, though flat 5d performance and mid-range positioning limit immediate upside urgency.

Score 60 — Brent at $100/bbl is a meaningful earnings tailwind and 20d momentum is positive, though flat 5d return and middling range position temper conviction.

Score 55 — Equinor's diversified integrated model and strong balance sheet provide resilience, but range-bound oil prices and the ongoing strategic shift toward renewables create near-term earnings uncertainty.

Score 55 — Equinor's diversified oil, gas, and renewables portfolio provides resilience, but softening Brent and US offshore wind headwinds keep the setup only moderately constructive.

Score 50 — reducing weight (rebalance)

Score 55 — Equinor's integrated model and strong balance sheet provide resilience, but soft Brent prices, LNG margin pressure, and a slower-than-expected U.S. offshore wind pivot limit near-term upside.

Score 48 — reducing weight (rebalance)

Score 61 — Equinor's diversified energy portfolio and robust cash generation provide support, though oil price range-trading and energy transition capex overhang keep sentiment neutral-to-mildly positive.

Score 50 — reducing weight (rebalance)

Score 50 — Equinor's diversified energy portfolio and strong balance sheet offer relative safety within energy, but the muted oil price backdrop and ongoing US offshore wind impairments weigh on sentiment.

Score 50 — Equinor's diversified energy portfolio and strong balance sheet offer relative safety within energy, but the muted oil price backdrop and ongoing US offshore wind impairments weigh on sentiment.