OSL Equity Snapshot

NAS Weekly Equity Report

Norwegian Air Shuttle ASA

Latest Close 15.13 NOK 12 Jun 2026
1W Return 2.7% latest completed week
4W Return 5.8% short-term follow-through
12W Return 11.0% quarterly tape
Trend Breadth 69.2% 36 of 52 weeks active
Volume Ratio 1.1x vs 13-week average
Company Brief

What the company does

Norwegian Air Shuttle ASA, together with its subsidiaries, provides air travel services in Norway and internationally. It is also involved in aircraft financing, leasing, and ownership, as well as cargo and other activities. The company was founded in 1993 and is headquartered in Fornebu, Norway.

Snapshot

What the weekly tape is saying

NAS closed the latest completed week at 15.13 NOK. The 4-week return is 5.8% and the 12-week return is 11.0%. Trend Signal is inactive, Market Dynamics is 0.67. Setup signature: Balanced read with a 51/100 composite read.

Trend Signal Inactive
Market Dynamics No fresh buy
Price vs Trend 0.2%
Volume 1.1x
Setup Cockpit

A compressed read of the whole setup

The radar blends trend persistence, momentum, Market Dynamics, Relative Strength, volume confirmation, and risk control into one weekly cockpit.

Composite setup radar

Scoreboard

Trend 38 Persistence of active Trend Signal over the last year and current streak.
Momentum 73 Blend of 4-week and 12-week follow-through.
Dynamics 78 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 18 Relative leadership and short-term RS change.
Volume 46 Participation compared with the 13-week volume baseline.
Risk Control 51 Drawdown and recent weekly volatility pressure.

16-week signal tape

27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun
Weekly return bar Trend Signal dot Positive Market Dynamics dot
Price Action

Price, Trend Line, and Fair Value

Weekly price context with the latest close, trend position, Fair Value gap, drawdown, and 52-week range location.

52-week price path

Price Trend Line Fair Value

Price map

Trend Line
15.10 NOK
Vs Trend Line
0.2%
Fair Value
12.09 NOK
Vs Fair Value
25.1%
52W High
17.12 NOK
52W Low
11.02 NOK
Drawdown
-11.6%
Range Position
67.4%
Momentum

Returns and trend persistence

Return windows separate the latest week from short-term and medium-term follow-through.

Return windows

1W 2.7%
4W 5.8%
12W 11.0%
26W -8.9%
52W 32.0%

Trend read

Active Streak
0 weeks
52W Active Weeks
36
52W Active Breadth
69.2%
Sector Scope
NO Industrials
Sector Rank
8 of 66
Sector Percentile
89.2%
Peer Context

Sector and industry pulse

Peer breadth helps separate a stock-specific move from a broader group rotation.

Market Dynamics

Pressure, Relative Strength, and expectation

Market Dynamics and Relative Strength show whether buying pressure and relative leadership are confirming the price move.

Dynamics path

Market Dynamics Relative Strength

Signal state

Market Dynamics
0.67
4W MD Change
203.7%
Relative Strength
-11.55
4W RS Change
33.2%
Expectation
Positive
Probability
56.17%
Volume

Participation and confirmation

Volume tells us whether the latest weekly move is being confirmed by unusual participation.

52-week volume profile

Volume map

Latest Volume
62.0M
13W Average
56.8M
52W Average
37.4M
Vs 13W
1.1x
Vs 52W
1.7x
Risk Anatomy

Volatility, downside weeks, and return shape

A compact risk profile shows whether the move is steady, volatile, or being driven by sharp one-week jumps.

26-week return distribution

Risk map

13W Volatility
5.9%
52W Volatility
5.5%
Upside Weeks
28
Downside Weeks
24
Downside Breadth
46.2%
Avg Gain / Loss
4.4% / -3.7%
Context

Classification, opportunities, risks, and watch points

Top-level read across company classification, constructive evidence, caution points, and the next things that matter.

Classification

Exchange
OSL
Country
NO
Sector
Industrials
Industry
Airlines
Currency
NOK
Market Cap
17.5B

Opportunity signals

  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Price is above Fair Value, showing premium demand versus the model.
  • Market Dynamics is positive on the latest completed week.
  • Latest weekly return ranks in the strongest part of its sector group.

Risk signals

  • Trend Signal is inactive, so price action has not confirmed a constructive regime.

Watch next

  • Trend Line remains the key weekly regime level.
  • Market Dynamics is the pressure gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Weekly Tape

Recent completed weeks

The latest weekly rows behind the report snapshot.

Week Close Return Trend Fair Value MD RS Volume Signal
12 Jun 2026 15.13 NOK 2.7% 15.10 NOK 12.09 NOK 0.67 -11.55 62.0M Off
5 Jun 2026 14.74 NOK -11.2% 15.08 NOK 12.07 NOK 0.33 -14.13 78.5M Off
29 May 2026 16.61 NOK 8.0% 15.07 NOK 12.04 NOK 0.10 -3.16 54.8M Off
22 May 2026 15.38 NOK 7.5% 15.01 NOK 12.01 NOK -0.29 -12.21 56.9M Off
15 May 2026 14.30 NOK -1.6% 14.98 NOK 11.99 NOK -0.65 -17.29 34.6M Off
8 May 2026 14.54 NOK 5.8% 15.03 NOK 11.96 NOK -0.61 -14.07 62.8M Off
1 May 2026 13.73 NOK 7.6% 15.04 NOK 11.93 NOK -0.71 -20.91 52.5M Off
24 Apr 2026 12.77 NOK -8.3% 15.07 NOK 11.91 NOK -0.83 -25.83 45.9M Off
17 Apr 2026 13.93 NOK -2.2% 15.14 NOK 11.88 NOK -0.83 -18.35 71.7M Off
10 Apr 2026 14.24 NOK 2.1% 15.19 NOK 11.85 NOK -0.97 -19.72 66.0M Off
3 Apr 2026 13.95 NOK 5.0% 15.23 NOK 11.82 NOK -1.09 -21.84 25.4M Off
27 Mar 2026 13.29 NOK -2.6% 15.27 NOK 11.79 NOK -1.13 -22.99 50.8M Off
20 Mar 2026 13.64 NOK -1.3% 15.36 NOK 11.77 NOK -0.96 -20.41 75.8M Off
13 Mar 2026 13.81 NOK -2.1% 15.43 NOK 11.74 NOK -0.54 -18.51 49.7M Off