Rime

Materials

NHY

Norsk Hydro ASA

36lowRanked #14Held

Current positions

StrategyWeightMarket valueUnrealised P&L
AI Concentrated——Not held
AI Equal Weight7.14%71 948 NOK−13 668 NOK−15.96%
AI Momentum4.41%39 638 NOK−108 083 NOK−73.17%

Score history

55 entries
6540May 09May 26Jun 10Jun 25Jul 10Jul 24
DateScoreRankConfidenceThesis
24. juli 20263614lowWeak momentum (-2.0% 5d, -6.4% 20d) with range position at 40% and mild negative vs MA; aluminium demand softness and elevated energy costs weigh on the setup.
23. juli 20262214lowNorsk Hydro at 11% of its 20-day range with -10.9% monthly loss and -3.7% below MA is in a clear downtrend — avoid until stabilisation.
22. juli 20261814lowNorsk Hydro is at the absolute bottom of its 20-day range (0% Rng), down 15.3% over 20 days, and 5.4% below its MA — one of the weakest setups in the universe with no recovery signal.
21. juli 20262213lowNorsk Hydro is in a severe downtrend (-16.6% over 20 days, near 20-day low at 4% range) with aluminium price weakness and high volatility making the near-term risk/reward unattractive.
20. juli 20262813lowNorsk Hydro is the worst-performing stock over 20 days (-16.6%), sitting at just 4% of its range and deeply below its moving average, with no visible recovery catalyst.
17. juli 20263013lowDeeply negative 20-day return (-14.8%) and near 20-day lows (18% range) despite a modest 5-day bounce signal a broken trend; high volatility (19.4%) and aluminium price uncertainty add further risk.
16. juli 20263313lowNorsk Hydro's -13.6% 20d slide and near-low range positioning (25%) with elevated volatility (20.1%) indicate a stock under sustained distribution pressure.
15. juli 20262813lowNorsk Hydro faces severe technical damage with a -16.1% 20-day decline, the stock near 20-day lows, and the highest realised volatility (20.4%) in the portfolio indicating a deteriorating setup.
14. juli 20261815lowNorsk Hydro is in a severe downtrend (-22.5% over 20 days), near its 20-day low (Rng 3%), deeply below MA, and exhibiting high volatility — avoid.
13. juli 20262015lowWorst 20-day return in the entire universe (-22.5%), near multi-week lows (Rng 3%), well below MA (-7.7%), and high realised volatility (20.2%) — aluminium sector headwinds and broken technicals argue for avoidance.
10. juli 20261815lowCatastrophic 20-day drawdown (-23.3%), sitting at the very bottom of its 20-day range (0%), 10.8% below its MA, and the highest volatility in the universe (27.8%) — a clear avoid with no reversal signal.
9. juli 20261415lowNorsk Hydro is the weakest name in the universe — a severe –23.7% 20-day drawdown, at just 1% of its range, with extreme realised volatility (25.6%) and no positive catalysts visible.
8. juli 20261515lowNorsk Hydro is the weakest name in the universe with a devastating -23.8% 20-day loss, extreme realised volatility (27.8%), sitting at just 4% of its 20-day range — aluminium oversupply and global growth concerns make this an avoid.
7. juli 20261415lowNorsk Hydro is at the absolute bottom of its 20-day range with a catastrophic -25.7% monthly decline, -12.6% below its 20-day MA, and the highest realised volatility (28.8%) in the universe — avoid.
6. juli 20261515lowSevere -25.7% monthly decline, price at 20-day low (Rng=0%), and the highest volatility in the universe (28.8%) make NHY the weakest setup today.
3. juli 20261215lowNorsk Hydro is the weakest stock in the universe — down 27.1% over 20 days, at its 20-day low (Rng=0%), with extremely high realised volatility (29.9%) — a clear avoid.
2. juli 20261414lowNorsk Hydro is the weakest stock in the universe on momentum (-25.8% over 20 days, -13.4% vs MA) with the highest realised volatility (29.6%), reflecting a collapsing aluminium price environment and maximum near-term risk.
1. juli 20261814lowNorsk Hydro is the worst-performing stock over 20 days (-24.8%) with a Vol reading of 28.8% — the highest in the universe — reflecting severe aluminium price and global demand concerns.
30. juni 20261515lowNorsk Hydro is in a severe downtrend (-21.7% 20d, -8.2% 5d, 2% range) with the highest volatility in the universe (29.1%), reflecting broad pressure on aluminium prices and elevated operational risk — a clear avoid.
29. juni 20261015lowNorsk Hydro is the weakest stock in the universe — -12.7% 5d, -21.4% 20d, Rng=0%, vsMA=-16.1%, and the highest volatility (Vol=28.8%) — signalling a severe breakdown with no visible floor.
26. juni 20261415lowNorsk Hydro is the weakest name in the universe — down 20.7% over 20 days, -11.3% in just the last week, trading at its 20-day low with the highest realised volatility (27.3%) — signalling severe near-term risk.
25. juni 20261215lowNorsk Hydro is the worst performer in the universe — down 18.7% over 20 days, -15.5% below its MA, at its 20-day low, with the highest realised volatility (25.7%) — a clear avoid.
24. juni 20262015lowNorsk Hydro has collapsed -18.8% over 20 days and is sitting at its 20-day low, 14.1% below its MA, with the highest realised volatility in the universe (23.3%), reflecting aluminium price weakness and no near-term recovery catalyst.
23. juni 20262014lowNorsk Hydro is also at a 20-day low with the highest realised volatility in the universe (19.7%) and a -12.0% monthly decline, reflecting broad materials sector weakness with no near-term recovery signal.
22. juni 20262012lowNorsk Hydro trades at only 1% of its 20-day range with a -8.4% vsMA and -7.7% monthly decline, reflecting aluminium price weakness and a strong NOK — deeply negative setup.
19. juni 20262211lowNorsk Hydro is at its 20-day low after a -8.1% 5-day drop and -5.0% 20-day decline, with vsMA at -8.8% signalling strong downtrend, as aluminium price weakness and tariff headwinds maintain a negative near-term outlook.
18. juni 20262211lowNorsk Hydro is at 0% of its 20-day range and 8.2% below its 20-day MA after a sharp 6.7% weekly drop, reflecting aluminium price weakness and negative near-term momentum.
17. juni 20262013lowNorsk Hydro is at its 20-day low (Rng=0%) after a -8.9% weekly collapse and -8.0% below MA — aluminium price weakness and rising energy costs are compounding broad market risk-off selling.
16. juni 20261815lowThe worst weekly performer at -10.0% with the stock at its 20-day low and -8.1% below its moving average — aluminium price weakness and macro uncertainty create a clearly negative near-term outlook.
15. juni 20263811lowNorsk Hydro dropped -5.4% last week and sits at 36% of its 20-day range below its MA; aluminium sector headwinds and elevated volatility (13.5%) dampen the modest positive 20-day return.
12. juni 2026467mediumNorsk Hydro shows a positive 20-day return (+6.3%) but a sharp -6.3% weekly reversal pulls it back below its 20-day MA, creating a mixed signal that warrants cautious positioning.
11. juni 2026429lowDespite positive 20d return (+4.7%), severe 5d drop (-7.3%) and -1.6% vsMA suggest a sharp reversal; aluminium sector uncertainty and elevated cost pressures weigh on near-term outlook.
10. juni 2026557mediumNorsk Hydro stands above its MA with a strong 20-day return of +8.7%, partially offset by a sharp -5.3% pullback this week, suggesting a potential consolidation opportunity.
9. juni 2026633mediumNorsk Hydro has strong 20d momentum (+7.5%), trades well above its MA (+3.1%), and sits near the top of its 20-day range (68%), benefiting from aluminium price support and energy transition demand.
8. juni 2026684mediumNorsk Hydro is the standout materials name with +8.7% over 20 days and sitting at 78% of its 20-day range, driven by aluminium price recovery and energy transition demand.
5. juni 2026761highNHY is the standout momentum leader across the entire universe: +9.2% over 20 days, vsMA +7.2%, Rng 91%, with aluminium price strength reinforcing the bullish technical picture.
4. juni 2026751highNHY is the standout momentum leader — +5.4% weekly, +12.2% monthly, +8.2% above its 20-day MA, and sitting at 95% of its 20-day range — suggesting strong trend continuation in aluminium.
3. juni 2026821highNorsk Hydro is the standout momentum leader in the portfolio: +3.2%/5d, +16.8%/20d, vsMA of +9.5%, and at the top of its 20-day range (Rng=100%), driven by aluminium price strength and sector re-rating.
2. juni 2026702highNorsk Hydro is the second-strongest momentum name with a +10.7% 20-day return, sitting at 91% of its 20-day range and well above its MA (+5.8%), driven by aluminium price recovery and green-metals demand.
1. juni 2026652mediumNorsk Hydro is one of the better-performing names: +7.0% over 20 days, above the 20-day MA, in the upper quartile of its range — aluminium price recovery and green energy transition provide a constructive backdrop.
29. mai 2026722highNorsk Hydro has strong cross-timeframe momentum (+6.2% 5d, +7.5% 20d) at 86% of its 20d range, benefiting from improving aluminium demand and USD/NOK tailwinds for exporters.
28. mai 2026683mediumNorsk Hydro's strong 5-day surge (+8.0%) with bullish vsMA (+5.4%) and solid 20d return (+5.0%) suggests positive aluminium price dynamics or a company-specific catalyst driving outperformance.
27. mai 2026772highNorsk Hydro is at its 20-day high with an exceptional +8.9% 5d and +8.6% 20d return, well above its MA — aluminium price recovery and green energy demand are clear tailwinds.
26. mai 2026725highNorsk Hydro is at its 20-day high with strong +4.9% 5d and +3.4% 20d momentum, driven by aluminium price recovery and improving sentiment for green materials.
25. mai 2026705highAt 100% of its 20d range with +4.9% 5d and +4.5% above MA — strong breakout momentum in aluminium supported by improved EUR/NOK for exports.
22. mai 20265512mediumNorsk Hydro benefits from aluminium price stabilisation and its downstream extrusions margins, though energy cost headwinds in Europe and weak automotive demand limit near-term upside.
21. mai 20265711mediumNorsk Hydro benefits from stabilizing aluminium prices and green premium demand for recycled aluminium, though high European energy costs and oversupply from China limit meaningful upside.
20. mai 20264413lowNorsk Hydro navigates a challenging environment of soft aluminium prices and elevated European energy costs, with the renewables segment providing only partial offset to upstream margin pressure.
18. mai 20265811mediumNorsk Hydro is supported by resilient aluminium demand from the energy-transition supply chain and ongoing Alunorte ramp-up, though LME aluminium price softness and energy cost risks keep the setup mixed.
15. mai 20265511mediumNorsk Hydro benefits from firm aluminium prices and its low-carbon green aluminium premium, though energy cost volatility and NOK strength create near-term margin uncertainty.
14. mai 20265213mediumNorsk Hydro is stabilising as aluminium prices recover modestly and green aluminium premiums improve, but European energy cost headwinds and Chinese supply pressure keep the setup mixed.
13. mai 20265311mediumNorsk Hydro's integrated aluminium and renewables businesses offer medium-term appeal, but soft LME aluminium prices and near-term European demand uncertainty temper short-term conviction.
12. mai 20264513mediumNorsk Hydro's aluminium operations face compressed margins from lower LME prices and high European energy costs, though the downstream extrusion and recycling business provides partial offset and the balance sheet remains solid.
11. mai 20264414lowNorsk Hydro is squeezed between soft aluminium spot prices and high European energy costs, with limited near-term catalyst despite longer-term green-aluminium positioning.
9. mai 202661—Aluminium prices recovering; renewable energy segment undervalued by market. Bauxite-to-aluminium integration de-risks cost base.

Trades

49 trades
DateStrategyDirectionSharesPriceNet amountRationale
24. juli 2026AI Momentumbuy14686 NOK12 537 NOK

Score 36 — Weak momentum (-2.0% 5d, -6.4% 20d) with range position at 40% and mild negative vs MA; aluminium demand softness and elevated energy costs weigh on the setup.

21. juli 2026AI Momentumsell7785 NOK6 532 NOK

Score 22 — reducing weight (rebalance)

20. juli 2026AI Momentumsell685 NOK510 NOK

Score 28 — reducing weight (rebalance)

17. juli 2026AI Momentumsell3587 NOK3 058 NOK

Score 30 — reducing weight (rebalance)

16. juli 2026AI Momentumbuy5689 NOK4 990 NOK

Score 33 — Norsk Hydro's -13.6% 20d slide and near-low range positioning (25%) with elevated volatility (20.1%) indicate a stock under sustained distribution pressure.

15. juli 2026AI Momentumbuy5887 NOK5 020 NOK

Score 28 — Norsk Hydro faces severe technical damage with a -16.1% 20-day decline, the stock near 20-day lows, and the highest realised volatility (20.4%) in the portfolio indicating a deteriorating setup.

2. juli 2026AI Momentumsell2190 NOK1 883 NOK

Score 14 — reducing weight (rebalance)

1. juli 2026AI Momentumbuy1990 NOK1 706 NOK

Score 18 — Norsk Hydro is the worst-performing stock over 20 days (-24.8%) with a Vol reading of 28.8% — the highest in the universe — reflecting severe aluminium price and global demand concerns.

25. juni 2026AI Momentumsell2794 NOK2 533 NOK

Score 12 — reducing weight (rebalance)

24. juni 2026AI Momentumsell2998 NOK2 827 NOK

Score 20 — reducing weight (rebalance)

23. juni 2026AI Momentumsell7102 NOK712 NOK

Score 20 — reducing weight (rebalance)

22. juni 2026AI Momentumsell70102 NOK7 112 NOK

Score 20 — reducing weight (rebalance)

18. juni 2026AI Momentumbuy23103 NOK2 373 NOK

Score 22 — Norsk Hydro is at 0% of its 20-day range and 8.2% below its 20-day MA after a sharp 6.7% weekly drop, reflecting aluminium price weakness and negative near-term momentum.

17. juni 2026AI Momentumbuy72103 NOK7 431 NOK

Score 20 — Norsk Hydro is at its 20-day low (Rng=0%) after a -8.9% weekly collapse and -8.0% below MA — aluminium price weakness and rising energy costs are compounding broad market risk-off selling.

16. juni 2026AI Momentumsell194110 NOK21 269 NOK

Score 18 — reducing weight (rebalance)

15. juni 2026AI Momentumsell111111 NOK12 269 NOK

Score 38 — reducing weight (rebalance)

12. juni 2026AI Momentumbuy56110 NOK6 169 NOK

Score 46 — Norsk Hydro shows a positive 20-day return (+6.3%) but a sharp -6.3% weekly reversal pulls it back below its 20-day MA, creating a mixed signal that warrants cautious positioning.

11. juni 2026AI Momentumsell135113 NOK15 246 NOK

Score 42 — reducing weight (rebalance)

10. juni 2026AI Momentumsell156114 NOK17 835 NOK

Score 55 — reducing weight (rebalance)

10. juni 2026AI Concentratedsell1 697114 NOK194 015 NOK

Score 55 — exited; fell below selection threshold

9. juni 2026AI Concentratedbuy30116 NOK3 487 NOK

Score 63 — Norsk Hydro has strong 20d momentum (+7.5%), trades well above its MA (+3.1%), and sits near the top of its 20-day range (68%), benefiting from aluminium price support and energy transition demand.

9. juni 2026AI Momentumsell71116 NOK8 227 NOK

Score 63 — reducing weight (rebalance)

8. juni 2026AI Concentratedsell85118 NOK10 023 NOK

Score 68 — reducing weight (rebalance)

8. juni 2026AI Momentumsell81118 NOK9 552 NOK

Score 68 — reducing weight (rebalance)

5. juni 2026AI Momentumbuy26119 NOK3 091 NOK

Score 76 — NHY is the standout momentum leader across the entire universe: +9.2% over 20 days, vsMA +7.2%, Rng 91%, with aluminium price strength reinforcing the bullish technical picture.

4. juni 2026AI Momentumsell175119 NOK20 872 NOK

Score 75 — reducing weight (rebalance)

3. juni 2026AI Momentumbuy148115 NOK16 971 NOK

Score 82 — Norsk Hydro is the standout momentum leader in the portfolio: +3.2%/5d, +16.8%/20d, vsMA of +9.5%, and at the top of its 20-day range (Rng=100%), driven by aluminium price strength and sector re-rating.

2. juni 2026AI Momentumbuy51113 NOK5 782 NOK

Score 70 — Norsk Hydro is the second-strongest momentum name with a +10.7% 20-day return, sitting at 91% of its 20-day range and well above its MA (+5.8%), driven by aluminium price recovery and green-metals demand.

1. juni 2026AI Momentumsell24114 NOK2 726 NOK

Score 65 — reducing weight (rebalance)

29. mai 2026AI Concentratedbuy12113 NOK1 354 NOK

Score 72 — Norsk Hydro has strong cross-timeframe momentum (+6.2% 5d, +7.5% 20d) at 86% of its 20d range, benefiting from improving aluminium demand and USD/NOK tailwinds for exporters.

29. mai 2026AI Momentumbuy15113 NOK1 692 NOK

Score 72 — Norsk Hydro has strong cross-timeframe momentum (+6.2% 5d, +7.5% 20d) at 86% of its 20d range, benefiting from improving aluminium demand and USD/NOK tailwinds for exporters.

28. mai 2026AI Momentumbuy17116 NOK1 970 NOK

Score 68 — Norsk Hydro's strong 5-day surge (+8.0%) with bullish vsMA (+5.4%) and solid 20d return (+5.0%) suggests positive aluminium price dynamics or a company-specific catalyst driving outperformance.

28. mai 2026AI Concentratedsell8116 NOK924 NOK

Score 68 — reducing weight (rebalance)

27. mai 2026AI Concentratedbuy76111 NOK8 441 NOK

Score 77 — Norsk Hydro is at its 20-day high with an exceptional +8.9% 5d and +8.6% 20d return, well above its MA — aluminium price recovery and green energy demand are clear tailwinds.

27. mai 2026AI Momentumbuy104111 NOK11 551 NOK

Score 77 — Norsk Hydro is at its 20-day high with an exceptional +8.9% 5d and +8.6% 20d return, well above its MA — aluminium price recovery and green energy demand are clear tailwinds.

26. mai 2026AI Momentumbuy16111 NOK1 777 NOK

Score 72 — Norsk Hydro is at its 20-day high with strong +4.9% 5d and +3.4% 20d momentum, driven by aluminium price recovery and improving sentiment for green materials.

26. mai 2026AI Concentratedbuy11111 NOK1 222 NOK

Score 72 — Norsk Hydro is at its 20-day high with strong +4.9% 5d and +3.4% 20d momentum, driven by aluminium price recovery and improving sentiment for green materials.

25. mai 2026AI Momentumbuy264110 NOK29 176 NOK

Score 70 — At 100% of its 20d range with +4.9% 5d and +4.5% above MA — strong breakout momentum in aluminium supported by improved EUR/NOK for exports.

25. mai 2026AI Concentratedbuy1189 267 NOK189 362 NOK

Score 70 — At 100% of its 20d range with +4.9% 5d and +4.5% above MA — strong breakout momentum in aluminium supported by improved EUR/NOK for exports.

22. mai 2026AI Momentumsell16107 NOK1 712 NOK

Score 55 — reducing weight (rebalance)

21. mai 2026AI Momentumbuy121104 NOK12 645 NOK

Score 57 — Norsk Hydro benefits from stabilizing aluminium prices and green premium demand for recycled aluminium, though high European energy costs and oversupply from China limit meaningful upside.

20. mai 2026AI Momentumsell125106 NOK13 199 NOK

Score 44 — reducing weight (rebalance)

18. mai 2026AI Momentumbuy24107 NOK2 567 NOK

Score 58 — Norsk Hydro is supported by resilient aluminium demand from the energy-transition supply chain and ongoing Alunorte ramp-up, though LME aluminium price softness and energy cost risks keep the setup mixed.

15. mai 2026AI Momentumbuy29107 NOK3 102 NOK

Score 55 — Norsk Hydro benefits from firm aluminium prices and its low-carbon green aluminium premium, though energy cost volatility and NOK strength create near-term margin uncertainty.

13. mai 2026AI Momentumsell175104 NOK18 173 NOK

Score 52 — reducing weight (rebalance)

12. mai 2026AI Equal Weightbuy5105 NOK526 NOK

Score 52 — Norsk Hydro benefits from resilient aluminium demand in EVs and renewables infrastructure, but LME aluminium prices remain under pressure from Chinese export volumes, limiting near-term upside.

11. mai 2026AI Equal Weightbuy170 077 NOK70 112 NOK

Score 52 — Norsk Hydro benefits from resilient aluminium demand in EVs and renewables infrastructure, but LME aluminium prices remain under pressure from Chinese export volumes, limiting near-term upside.

10. mai 2026AI Momentumbuy2329 NOK659 NOK—
9. mai 2026AI Momentumbuy176 923 NOK76 961 NOK—