OSL Equity Snapshot

TEL Weekly Equity Report

Telenor ASA

Interactive chart JSON snapshot
Latest Close 151.6 NOK 12 Jun 2026
1W Return 1.9% latest completed week
4W Return -2.2% short-term follow-through
12W Return -5.7% quarterly tape
Trend Breadth 61.5% 32 of 52 weeks active
Volume Ratio 1.1x vs 13-week average
Company Brief

What the company does

Telenor ASA, together with its subsidiaries, operates as a telecommunication company worldwide. It operates through four segments: Nordics, Asia, Infrastructure, and Amp. The company offers mobile and broadband telecom products and services, including mobile, broadband and TV services; other services, including solutions for business customers like managed services, virtual private networks, software defined networks, and network as a service; IoT solutions; and mobile maritime communication for cruise and ferry, fisheries, and oil and gas industry. It also provides hardware comprising mobile phones, broadband modems, and TV boxes; wholesale services, such as national and international roaming …

Snapshot

What the weekly tape is saying

TEL closed the latest completed week at 151.6 NOK. The 4-week return is -2.2% and the 12-week return is -5.7%. Trend Signal is inactive, Market Dynamics is -0.65. Setup signature: Risk-first tape with a 38/100 composite read.

Trend Signal Inactive
Market Dynamics No fresh buy
Price vs Trend -1.2%
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 34 Persistence of active Trend Signal over the last year and current streak.
Momentum 40 Blend of 4-week and 12-week follow-through.
Dynamics 37 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 11 Relative leadership and short-term RS change.
Volume 45 Participation compared with the 13-week volume baseline.
Risk Control 60 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
153.4 NOK
Vs Trend Line
-1.2%
Fair Value
125.4 NOK
Vs Fair Value
20.9%
52W High
173.2 NOK
52W Low
137.2 NOK
Drawdown
-12.5%
Range Position
40.0%
Momentum

Returns and trend persistence

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

Return windows

1W 1.9%
4W -2.2%
12W -5.7%
26W 8.5%
52W 5.4%

Trend read

Active Streak
0 weeks
52W Active Weeks
32
52W Active Breadth
61.5%
Sector Scope
NO Communication Services
Sector Rank
3 of 6
Sector Percentile
60.0%
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
-0.65
4W MD Change
-14.2%
Relative Strength
-13.03
4W RS Change
2.5%
Expectation
Positive
Probability
56.47%
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
7.4M
13W Average
7.0M
52W Average
6.4M
Vs 13W
1.1x
Vs 52W
1.2x
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
3.1%
52W Volatility
2.9%
Upside Weeks
28
Downside Weeks
24
Downside Breadth
46.2%
Avg Gain / Loss
2.1% / -2.1%
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
Communication Services
Industry
Telecom Services
Currency
NOK
Market Cap
206.7B

Opportunity signals

  • Price is above Fair Value, showing premium demand versus the model.
  • 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.
  • Price is below the Trend Line, which keeps downside pressure in focus.
  • Market Dynamics is negative, which weakens the current setup.

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 151.6 NOK 1.9% 153.4 NOK 125.4 NOK -0.65 -13.03 7.4M Off
5 Jun 2026 148.8 NOK -1.5% 153.0 NOK 125.0 NOK -0.69 -15.24 6.0M Off
29 May 2026 151.1 NOK -1.9% 152.9 NOK 124.6 NOK -0.64 -14.12 8.8M Off
22 May 2026 154.0 NOK -0.7% 152.7 NOK 124.2 NOK -0.63 -14.67 7.3M On
15 May 2026 155.0 NOK 3.6% 152.9 NOK 123.9 NOK -0.57 -13.37 6.4M Off
8 May 2026 149.6 NOK 1.2% 153.1 NOK 123.5 NOK -0.45 -14.62 7.5M Off
1 May 2026 147.8 NOK -7.2% 153.3 NOK 123.2 NOK -0.21 -17.94 10.6M On
24 Apr 2026 159.3 NOK 2.5% 153.6 NOK 122.9 NOK -0.06 -10.93 4.9M On
17 Apr 2026 155.4 NOK -5.3% 153.5 NOK 122.5 NOK 0.14 -12.21 6.5M On
10 Apr 2026 164.0 NOK -0.6% 153.5 NOK 122.2 NOK 0.36 -11.04 5.9M On
3 Apr 2026 165.1 NOK 2.4% 153.4 NOK 121.7 NOK 0.50 -11.11 3.6M On
27 Mar 2026 161.2 NOK 0.2% 153.2 NOK 121.3 NOK 0.63 -10.36 6.6M On
20 Mar 2026 160.8 NOK -3.4% 153.1 NOK 120.9 NOK 0.81 -10.07 8.9M On
13 Mar 2026 166.6 NOK 1.1% 152.9 NOK 120.5 NOK 0.88 -6.03 7.7M On