- The trend backdrop is active with a 40-week active streak.
- Price is above the Trend Line, keeping the weekly tape constructive.
- Price is above Fair Value, showing premium demand versus the model.
- Activity pressure is constructive, supporting the smart-money activity read.
TGS
OSL
Week ended 07 Aug 2026
Weekly Investor Report
TGS ASA · Energy · Oil & Gas Equipment & Services
Latest close
132.7 NOK
4.0%
latest week
Weekly setup
Constructive, but selective
The weekly trend is active. Price is 4.6% above the Trend Line and sits at 71.9% of its 52-week range. The latest completed week returned 4.0%, after a 2.7% four-week move. The latest news-sentiment score is 50/100.
Setup score
56
out of 100
Latest Close
132.7 NOK
7 Aug 2026
1W Return
4.0%
latest completed week
4W Return
2.7%
short-term follow-through
12W Return
-12.0%
quarterly tape
Trend Breadth
76.9%
40 of 52 weeks active
Volume Ratio
1.0x
vs 13-week average
- Activity pressure is negative, which weakens the current setup.
- 6 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
4.0%
Latest completed week; four-week move 2.7%.
Indicator stack
87/35
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.
News sentiment
50/100
0 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 active. Price is 4.6% above the Trend Line and sits at 71.9% of its 52-week range. The latest completed week returned 4.0%, after a 2.7% 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 1.0x 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 0.6012-week average 0.86
12-week confirmation
Trend active12/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure5/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership12/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.60Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers66 reversal markers
No recent accumulation markers. 6 reversal markers.
03 · Momentum and leadership
Is performance persistent—and is the stock leading?
Performance is 2.7% over four weeks, -12.0% over 12 weeks, and 84.4% over one year. The current trend has remained active for 40 consecutive weeks.
Performance by holding period
Active trend streak40 weeks
Active weeks in one year40
Trend breadth76.9%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure-0.85Latest activity-pressure read.
Pressure change7.1%Four-week change in activity pressure.
Leadership12.13Latest relative-leadership reading.
RS change-31.6%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 sentiment50/100
Weighted news tone is neutral across 0 relevant articles.
0 positive · 0 neutral · 0 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-16.2%Distance below the 52-week high.
13-week volatility3.8%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 higher14 of 2612 weeks finished lower.
Best week+17.6%Week of 24 Apr.
Worst week-7.0%Week of 26 Jun.
Latest week+4.0%Week of 7 Aug.
Shape of recent returns
Strong gains4
Modest gains10
Flat weeks0
Modest losses9
Sharp losses3
Recent vol3.8%13-week weekly-return volatility.
Base vol4.9%52-week weekly-return volatility.
Up/down split29/23Count of positive and negative weeks in the 52-week window.
Average skew4.6% / -2.8%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 Energy
4-week rank25 / 45
Group average5.6%
Trend breadth48.9%
Trend48.9%active weekly trend signals
MD24.4%positive activity pressure
RS46.7%positive relative leadership
Four-week leaders
IndustryNO Oil & Gas Equipment & Services
4-week rank10 / 16
Group average10.1%
Trend breadth68.8%
Trend68.8%active weekly trend signals
MD18.8%positive activity pressure
RS62.5%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 tape59/100
Trend, activity pressure, participation, and risk combine to a 59/100 tape read.
Indicator analysis64/100Latest 12-week confirmation: trend 12/12, activity pressure 5/12, relative leadership 12/12.
Activity pressure 0.60; 6 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 Sentiment50/100Weighted news tone is neutral across 0 relevant articles.
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 | 132.7 NOK | 4.0% | 126.9 NOK | 102.8 NOK | -0.85 | 12.13 | 1.6M | On |
| 31 Jul 2026 | 127.6 NOK | -2.0% | 125.6 NOK | 102.7 NOK | -0.84 | 9.00 | 1.6M | On |
| 24 Jul 2026 | 130.2 NOK | -1.5% | 124.4 NOK | 102.6 NOK | -0.90 | 12.53 | 4.1M | On |
| 17 Jul 2026 | 132.2 NOK | 2.3% | 123.0 NOK | 102.5 NOK | -1.03 | 17.98 | 1.7M | On |
| 10 Jul 2026 | 129.2 NOK | 3.4% | 121.4 NOK | 102.4 NOK | -0.92 | 17.75 | 2.5M | On |
| 3 Jul 2026 | 125.0 NOK | -3.7% | 120.0 NOK | 102.3 NOK | -0.50 | 13.98 | 464.3K | On |
| 26 Jun 2026 | 129.7 NOK | -7.0% | 118.8 NOK | 102.3 NOK | -0.04 | 21.53 | 934.0K | On |
| 19 Jun 2026 | 139.5 NOK | -6.8% | 117.3 NOK | 102.4 NOK | 0.50 | 28.08 | 1.4M | On |
| 12 Jun 2026 | 149.6 NOK | 3.5% | 115.6 NOK | 102.2 NOK | 0.94 | 35.26 | 466.2K | On |
| 5 Jun 2026 | 144.5 NOK | -4.3% | 113.6 NOK | 102.1 NOK | 1.06 | 31.22 | 561.0K | On |
| 29 May 2026 | 151.0 NOK | -1.2% | 111.8 NOK | 102.0 NOK | 1.37 | 38.48 | 2.1M | On |
| 22 May 2026 | 152.8 NOK | 1.3% | 109.6 NOK | 101.8 NOK | 1.55 | 38.38 | 2.7M | On |
| 15 May 2026 | 150.8 NOK | 3.1% | 107.4 NOK | 101.7 NOK | 1.70 | 39.61 | 1.6M | On |
| 8 May 2026 | 146.3 NOK | -1.8% | 104.8 NOK | 101.6 NOK | 1.80 | 39.91 | 4.2M | 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.