KOG

Score 42 — Despite strong defense-sector fundamentals, KOG is -4.7% below its 20-day MA and near the bottom of its 20-day range (17%) after a -3.0% 20-day drawdown — momentum has stalled.

Score 25 — reducing weight (rebalance)

Score 32 — Kongsberg has fallen sharply to 8% of its 20-day range, well below its MA (-6.9%), and its high realised volatility (19.8%) amplifies downside risk despite the defence sector's structural strength.

Score 18 — reducing weight (rebalance)

Score 40 — reducing weight (rebalance)

Score 44 — exited; fell below selection threshold

Score 44 — reducing weight (rebalance)

Score 76 — reducing weight (rebalance)

Score 78 — reducing weight (rebalance)

Score 88 — Kongsberg Gruppen is the standout buy with a +13% 5-day surge, sitting at the 100% mark of its 20-day range — strong defence spending tailwinds and positive price action signal continued momentum.

Score 88 — reducing weight (rebalance)

Score 82 — reducing weight (rebalance)

Score 82 — Kongsberg Gruppen surges +13.3% this week and is at its 20-day high, driven by continued European defence spending escalation — the strongest momentum and most credible sector tailwind in the universe.

Score 70 — Kongsberg Gruppen benefits from sustained European defence spending momentum, posting +5.8% last week and sitting in the 77th percentile of its range, with structurally strong order visibility as the key catalyst.

Score 70 — Kongsberg Gruppen benefits from sustained European defence spending momentum, posting +5.8% last week and sitting in the 77th percentile of its range, with structurally strong order visibility as the key catalyst.

Score 55 — Kongsberg retains a strong structural defence-spending thesis and is near its 20-day moving average at 52% range positioning, with mild short-term softness after a strong run.

Score 55 — Kongsberg retains a strong structural defence-spending thesis and is near its 20-day moving average at 52% range positioning, with mild short-term softness after a strong run.

Score 42 — Kongsberg has pulled back -9.2% over 20 days from what were very elevated levels, and while the long-term defence spending thesis remains intact, short-term momentum is negative with moderately elevated volatility.

Score 42 — Kongsberg has pulled back -9.2% over 20 days from what were very elevated levels, and while the long-term defence spending thesis remains intact, short-term momentum is negative with moderately elevated volatility.

Score 18 — reducing weight (rebalance)

Score 30 — exited; fell below selection threshold

Score 30 — reducing weight (rebalance)

Score 60 — Kongsberg Gruppen delivers strong weekly momentum (+3.1%) driven by continued defence spending tailwinds across NATO, though the 20-day return remains slightly negative with the stock below its MA.

Score 60 — Kongsberg Gruppen delivers strong weekly momentum (+3.1%) driven by continued defence spending tailwinds across NATO, though the 20-day return remains slightly negative with the stock below its MA.

Score 45 — reducing weight (rebalance)

Score 45 — reducing weight (rebalance)

Score 63 — Kongsberg's +4.0% weekly surge on continued European defence spending momentum is a strong short-term catalyst, though the stock remains slightly below its 20-day MA with elevated vol.

Score 63 — Kongsberg's +4.0% weekly surge on continued European defence spending momentum is a strong short-term catalyst, though the stock remains slightly below its 20-day MA with elevated vol.

Score 38 — exited; fell below selection threshold

Score 38 — reducing weight (rebalance)

Score 42 — Kongsberg has strong long-term defense tailwinds but sits at only 14% of its 20-day range after recent consolidation, suggesting near-term momentum stall despite positive sector backdrop.

Score 42 — Kongsberg has strong long-term defense tailwinds but sits at only 14% of its 20-day range after recent consolidation, suggesting near-term momentum stall despite positive sector backdrop.

Score 33 — Kongsberg Gruppen's strong long-term defence/industrial thesis is overshadowed by a sharp -6.9% weekly drop, with the stock at only 5% of its 20-day range and -5.9% below MA — likely profit-taking after a prolonged run-up.

Score 25 — reducing weight (rebalance)

Score 32 — reducing weight (rebalance)

Score 54 — reducing weight (rebalance)

Score 55 — reducing weight (rebalance)

Score 60 — reducing weight (rebalance)

Score 57 — Kongsberg remains just above its 20-day MA (+1.9% vsMA) with a mid-range position and only mild 5d softness, supported by strong structural tailwinds from European defence spending.

Score 38 — Kongsberg has sold off -6.1% this week despite strong defence sector fundamentals, suggesting near-term profit-taking after a strong run; range at 48% signals no immediate bottom confirmation.

Score 38 — reducing weight (rebalance)

Score 44 — reducing weight (rebalance)

Score 44 — exited; fell below selection threshold

Score 65 — reducing weight (rebalance)

Score 76 — reducing weight (rebalance)

Score 84 — Kongsberg Gruppen is the clear standout: +6.5% this week, +9.2% over 20 days, at 98% of its 20-day high range, and well above the MA — defence spending tailwinds continue to drive exceptional relative strength.

Score 82 — Kongsberg Gruppen is at a 20-day high (100% range), up +6.5% this week and +7.1% this month, driven by the sustained European defence spending supercycle — strongest setup in the universe.

Score 82 — Kongsberg Gruppen is at a 20-day high (100% range), up +6.5% this week and +7.1% this month, driven by the sustained European defence spending supercycle — strongest setup in the universe.

Score 72 — Kongsberg leads industrials with a strong 5-day gain (+4.8%), positive 20d momentum, bullish vsMA (+3.4%), and defence/aerospace sector tailwinds supporting sustained demand.

Score 78 — Kongsberg Gruppen surged +8.6% in 5 days — the strongest short-term mover — driven by sustained European defense spending tailwinds, now trading above its 20d MA at a healthy range position.

Score 78 — Kongsberg Gruppen surged +8.6% in 5 days — the strongest short-term mover — driven by sustained European defense spending tailwinds, now trading above its 20d MA at a healthy range position.

Score 65 — exited; fell below selection threshold

Score 65 — reducing weight (rebalance)

Score 86 — reducing weight (rebalance)

Score 87 — Kongsberg Gruppen is the standout name in the universe, driven by record European defense spending, a multi-year order backlog, and a rare combination of growth visibility and earnings quality.

Score 88 — Kongsberg Gruppen is the portfolio's top conviction name as record European defence budgets, missile system demand, and a multi-year order backlog point to sustained double-digit earnings growth.

Score 85 — Kongsberg Gruppen is the standout conviction call, driven by surging European defence budgets, a record order backlog, and continued earnings upgrades with clear 1–4 week positive momentum.

Score 82 — reducing weight (rebalance)

Score 82 — Kongsberg Gruppen is a top conviction buy as surging European defence budgets drive record order intake for its missile and naval systems divisions with multi-year revenue visibility.

Score 82 — Kongsberg Gruppen is a top conviction buy as surging European defence budgets drive record order intake for its missile and naval systems divisions with multi-year revenue visibility.

Score 82 — Kongsberg Gruppen is a top conviction buy as surging European defence budgets drive record order intake for its missile and naval systems divisions with multi-year revenue visibility.

Score 82 — Kongsberg Gruppen is a top conviction buy as surging European defence budgets drive record order intake for its missile and naval systems divisions with multi-year revenue visibility.