- Price is above Fair Value, showing premium demand versus the model.
- Next-week expectancy is positive at 55.84% based on similar historical setup states.
TEL
OSL
Week ended 24 Jul 2026
Weekly Investor Report
Telenor ASA · Communication Services · Telecom Services
Latest close
131.6 NOK
-2.1%
latest week
Weekly setup
Weak trend
The weekly trend is not active. Price is -14.3% below the Trend Line and sits at 13.3% of its 52-week range. The latest completed week returned -2.1%, after a -9.2% four-week move. The latest news-sentiment score is 48/100.
Setup score
36
out of 100
Latest Close
131.6 NOK
24 Jul 2026
1W Return
-2.1%
latest completed week
4W Return
-9.2%
short-term follow-through
12W Return
-11.0%
quarterly tape
Trend Breadth
50.0%
26 of 52 weeks active
Volume Ratio
1.3x
vs 13-week average
- The trend backdrop is inactive, so price action has not confirmed a constructive regime.
- Price is below the Trend Line, which keeps downside pressure in focus.
- Activity pressure is negative, which weakens the current setup.
- Activity pressure is weak, so confirmation is not yet broad enough.
- Trend Line remains the key weekly regime level.
- Activity pressure is the gauge to monitor for confirmation or fade.
- A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through
-2.1%
Latest completed week; four-week move -9.2%.
Indicator stack
28/35
Trend and activity pressure are weighted against the latest 12-week confirmation window.
Trend backdrop
Active
The trend backdrop defines the current weekly regime.
Patient Capital
Quiet
Activity-pressure buy-signal status for institutional accumulation timing.
Next-Week Expectancy
Positive 55.84%
Historical one-week expectancy contributes to the evidence score when direction is confirmed.
News sentiment
48/100
9 relevant articles in the latest sentiment read.
01 · Price action
Study the full chart
Where price is—and whether the trend supports it
The weekly trend is not active. Price is -14.3% below the Trend Line and sits at 13.3% of its 52-week range. The latest completed week returned -2.1%, after a -9.2% four-week move.
52-week price path
Price vs Trend Line and Fair Value
Price
Trend Line
Fair Value
02 · Volume and demand
Is real participation confirming the move?
Latest weekly volume is 1.3x the 13-week average. Participation is around or above normal and provides reasonable confirmation.
26-week volume confirmation
Bar height shows volume; colour shows the weekly price direction
30 Jan
6 Feb
13 Feb
20 Feb
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
19 Jun
26 Jun
3 Jul
10 Jul
17 Jul
24 Jul
Up week
Down week
Demand beneath price
Activity pressure and institutional-style signals
These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.
Activity pressure path
Latest 0.0812-week average 0.32
12-week confirmation
Trend active1/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure0/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership0/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.08Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers0No reversal markers
No recent accumulation markers. No reversal markers.
03 · Momentum and leadership
Is performance persistent—and is the stock leading?
Performance is -9.2% over four weeks, -11.0% over 12 weeks, and -11.9% over one year. The current trend has remained active for 0 consecutive weeks.
Performance by holding period
Active trend streak0 weeks
Active weeks in one year26
Trend breadth50.0%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure-0.90Latest activity-pressure read.
Pressure change12.0%Four-week change in activity pressure.
Leadership-22.94Latest relative-leadership reading.
RS change-89.1%Four-week change in relative leadership.
04 · Fundamentals and valuation
Open full factor analysis
What investors are paying for—and the quality behind it
A published fundamentals and factor snapshot is not available for this company.
No published fundamental snapshot is available for this company.
05 · Ownership, options, and sentiment
What other market participants are doing
Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.
Insider activity-
No recent insider transactions are stored for this company.
News sentiment48/100
Weighted news tone is neutral across 9 relevant articles.
0 positive · 8 neutral · 1 negativePatient CapitalQuiet
Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal
06 · Catalysts and risk
What can move the shares—and how volatile the path has been
Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.
Next earnings-No event is currently stored.
Options expected move-Nearest-chain priced movement where available.
52-week drawdown-24.0%Distance below the 52-week high.
13-week volatility3.1%Standard deviation of weekly returns.
Weekly gains and losses
Latest 26 completed weeksEach bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.
30 Jan
27 Feb
27 Mar
24 Apr
22 May
19 Jun
24 Jul
Weeks higher12 of 2614 weeks finished lower.
Best week+7.1%Week of 6 Feb.
Worst week-7.2%Week of 17 Jul.
Latest week-2.1%Week of 24 Jul.
Shape of recent returns
Strong gains2
Modest gains10
Flat weeks0
Modest losses11
Sharp losses3
Recent vol3.1%13-week weekly-return volatility.
Base vol3.0%52-week weekly-return volatility.
Up/down split25/27Count of positive and negative weeks in the 52-week window.
Average skew2.1% / -2.3%Average positive week versus average negative week.
07 · Sector and peer context
Is this stock leading—or simply moving with its group?
Sector and industry breadth distinguish company-specific strength from a broad group move.
SectorNO Communication Services
4-week rank6 / 6
Group average0.2%
Trend breadth16.7%
Trend16.7%active weekly trend signals
MD50.0%positive activity pressure
RS0.0%positive relative leadership
Four-week leaders
IndustryNO Telecom Services
4-week rank2 / 2
Group average-2.4%
Trend breadth0.0%
Trend0.0%active weekly trend signals
MD50.0%positive activity pressure
RS0.0%positive relative leadership
Four-week leaders
08 · Evidence and weekly data
The underlying research record
Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.
Weekly tape37/100
Trend, activity pressure, participation, and risk combine to a 37/100 tape read.
Indicator analysis12/100Latest 12-week confirmation: trend 1/12, activity pressure 0/12, relative leadership 0/12.
Activity pressure 0.08; No reversal markers Next-Week ExpectancyPositive 55.84%Next-week expectancy is positive with a 55.84% historical one-week setup read.
Adds short-term historical context without overriding trend, activity, or relative leadership. Factors50/100No published factor snapshot is available yet.
Patient CapitalQuietActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal Sentiment48/100Weighted news tone is neutral across 9 relevant articles.
Telenor ASA (OTCMKTS:TELNY) Shares Gap Down - What's Next? Insiders50/100No recent insider transaction evidence is stored.
Earnings50/100No stored earnings event is currently attached to this ticker.
| Week | Close | Return | Trend Line | Fair Value | Pressure | Leadership | Volume | Trend |
|---|---|---|---|---|---|---|---|---|
| 24 Jul 2026 | 131.6 NOK | -2.1% | 153.5 NOK | 127.4 NOK | -0.90 | -22.94 | 10.6M | Off |
| 17 Jul 2026 | 134.4 NOK | -7.2% | 153.8 NOK | 127.1 NOK | -0.86 | -19.86 | 23.0M | Off |
| 10 Jul 2026 | 144.8 NOK | 1.8% | 153.9 NOK | 126.8 NOK | -0.94 | -13.06 | 7.0M | Off |
| 3 Jul 2026 | 142.2 NOK | -1.9% | 153.7 NOK | 126.5 NOK | -0.94 | -15.42 | 8.6M | Off |
| 26 Jun 2026 | 145.0 NOK | -0.5% | 153.7 NOK | 126.1 NOK | -1.03 | -12.13 | 7.2M | Off |
| 19 Jun 2026 | 145.7 NOK | -3.9% | 153.6 NOK | 125.8 NOK | -0.95 | -14.24 | 2.1M | Off |
| 12 Jun 2026 | 151.6 NOK | 1.9% | 153.4 NOK | 125.4 NOK | -0.80 | -13.03 | 1.6M | Off |
| 5 Jun 2026 | 148.8 NOK | -1.5% | 153.0 NOK | 125.0 NOK | -0.73 | -15.24 | 1.4M | 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 |
How to use this report
This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.