- Price is above Fair Value, showing premium demand versus the model.
- Activity pressure is constructive, supporting the smart-money activity read.
NHY
OSL
Week ended 07 Aug 2026
Weekly Investor Report
Norsk Hydro ASA · Basic Materials · Aluminum
Latest close
90.64 NOK
4.8%
latest week
Weekly setup
Mixed setup
The weekly trend is not active. Price is -3.6% below the Trend Line and sits at 51.0% of its 52-week range. The latest completed week returned 4.8%, after a 6.6% four-week move. The latest news-sentiment score is 52/100.
Setup score
46
out of 100
Latest Close
90.64 NOK
7 Aug 2026
1W Return
4.8%
latest completed week
4W Return
6.6%
short-term follow-through
12W Return
-14.3%
quarterly tape
Trend Breadth
86.5%
45 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.
- 7 reversal markers appear in the recent smart-money tape.
- 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
4.8%
Latest completed week; four-week move 6.6%.
Indicator stack
48/34
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.
News sentiment
52/100
10 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 -3.6% below the Trend Line and sits at 51.0% of its 52-week range. The latest completed week returned 4.8%, after a 6.6% 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
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
31 Jul
7 Aug
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 0.5512-week average 0.86
12-week confirmation
Trend active7/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure5/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership6/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.55Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers77 reversal markers
No recent accumulation markers. 7 reversal markers.
03 · Momentum and leadership
Is performance persistent—and is the stock leading?
Performance is 6.6% over four weeks, -14.3% over 12 weeks, and 45.0% 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 year45
Trend breadth86.5%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure-0.96Latest activity-pressure read.
Pressure change17.0%Four-week change in activity pressure.
Leadership-1.96Latest relative-leadership reading.
RS change24.4%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 sentiment52/100
Weighted news tone is neutral across 10 relevant articles.
2 positive · 7 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-23.3%Distance below the 52-week high.
13-week volatility4.8%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.
13 Feb
13 Mar
10 Apr
8 May
5 Jun
3 Jul
7 Aug
Weeks higher15 of 2611 weeks finished lower.
Best week+10.8%Week of 3 Apr.
Worst week-12.7%Week of 26 Jun.
Latest week+4.8%Week of 7 Aug.
Shape of recent returns
Strong gains8
Modest gains7
Flat weeks0
Modest losses5
Sharp losses6
Recent vol4.8%13-week weekly-return volatility.
Base vol4.2%52-week weekly-return volatility.
Up/down split35/17Count of positive and negative weeks in the 52-week window.
Average skew3.0% / -3.7%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 Basic Materials
4-week rank4 / 14
Group average0.4%
Trend breadth28.6%
Trend28.6%active weekly trend signals
MD42.9%positive activity pressure
RS21.4%positive relative leadership
Four-week leaders
IndustryNO Aluminum
4-week rank1 / 1
Group average6.6%
Trend breadth0.0%
Trend0.0%active weekly trend signals
MD0.0%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 tape46/100
Trend, activity pressure, participation, and risk combine to a 46/100 tape read.
Indicator analysis43/100Latest 12-week confirmation: trend 7/12, activity pressure 5/12, relative leadership 6/12.
Activity pressure 0.55; 7 reversal markers Factors50/100No published factor snapshot is available yet.
Patient CapitalQuietActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal Sentiment52/100Weighted news tone is neutral across 10 relevant articles.
Norsk Hydro (OB:NHY) Stock Faces Narratives Test As EPS Rebound Leads Q2 2026 Results 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 |
|---|---|---|---|---|---|---|---|---|
| 7 Aug 2026 | 90.64 NOK | 4.8% | 94.02 NOK | 66.64 NOK | -0.96 | -1.96 | 16.7M | Off |
| 31 Jul 2026 | 86.48 NOK | 0.4% | 93.65 NOK | 66.43 NOK | -1.02 | -5.84 | 13.5M | Off |
| 24 Jul 2026 | 86.14 NOK | 1.4% | 93.34 NOK | 66.26 NOK | -1.12 | -5.50 | 21.3M | Off |
| 17 Jul 2026 | 84.96 NOK | -0.1% | 92.99 NOK | 66.08 NOK | -1.24 | -4.22 | 21.2M | Off |
| 10 Jul 2026 | 85.06 NOK | -1.3% | 92.67 NOK | 65.89 NOK | -1.15 | -2.59 | 18.6M | Off |
| 3 Jul 2026 | 86.20 NOK | -3.1% | 92.29 NOK | 65.73 NOK | -0.75 | -1.56 | 2.3M | On |
| 26 Jun 2026 | 88.96 NOK | -12.7% | 91.82 NOK | 65.54 NOK | -0.07 | 4.33 | 4.4M | On |
| 19 Jun 2026 | 101.8 NOK | -7.2% | 91.20 NOK | 65.34 NOK | 0.68 | 17.00 | 4.8M | On |
| 12 Jun 2026 | 109.8 NOK | -5.4% | 90.09 NOK | 65.04 NOK | 1.14 | 24.34 | 5.3M | On |
| 5 Jun 2026 | 116.1 NOK | 2.5% | 88.78 NOK | 64.75 NOK | 1.19 | 32.11 | 3.3M | On |
| 29 May 2026 | 113.2 NOK | 2.1% | 87.18 NOK | 64.41 NOK | 1.17 | 30.51 | 24.1M | On |
| 22 May 2026 | 110.9 NOK | 4.9% | 85.63 NOK | 64.09 NOK | 0.95 | 26.37 | 15.4M | On |
| 15 May 2026 | 105.8 NOK | 1.7% | 84.14 NOK | 63.78 NOK | 0.89 | 23.10 | 12.4M | On |
| 8 May 2026 | 104.0 NOK | 4.7% | 82.88 NOK | 63.50 NOK | 0.95 | 24.92 | 21.8M | 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.