- The trend backdrop is active with a 15-week active streak.
- Price is above the Trend Line, keeping the weekly tape constructive.
- Activity pressure is constructive, supporting the smart-money activity read.
NBX
OSL
Week ended 07 Aug 2026
Weekly Investor Report
Norwegian Block Exchange AS · Financial Services · Capital Markets
Latest close
0.54 NOK
-0.4%
latest week
Weekly setup
Mixed setup
The weekly trend is active. Price is 3.9% above the Trend Line and sits at 46.3% of its 52-week range. The latest completed week returned -0.4%, after a -12.9% four-week move. The latest news-sentiment score is 52/100. Near-term considerations: volume confirmation is below normal.
Setup score
32
out of 100
Latest Close
0.54 NOK
7 Aug 2026
1W Return
-0.4%
latest completed week
4W Return
-12.9%
short-term follow-through
12W Return
-6.1%
quarterly tape
Trend Breadth
48.1%
25 of 52 weeks active
Volume Ratio
0.9x
vs 13-week average
- Price is below Fair Value, so the market is still discounting the latest tape.
- Activity pressure is negative, which weakens the current setup.
- Next-week expectancy is negative at 41.06% based on similar historical setup states.
- The share remains more than 20% below its 52-week high.
- 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
-0.4%
Latest completed week; four-week move -12.9%.
Indicator stack
71/21
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
Negative 41.06%
Historical one-week expectancy contributes to the evidence score when direction is confirmed.
News sentiment
52/100
8 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 3.9% above the Trend Line and sits at 46.3% of its 52-week range. The latest completed week returned -0.4%, after a -12.9% 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 0.9x the 13-week average. Participation is below its recent norm, so price strength is not receiving full volume 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 0.6712-week average 0.73
12-week confirmation
Trend active12/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure10/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership7/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.67Current 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 -12.9% over four weeks, -6.1% over 12 weeks, and 26.5% over one year. The current trend has remained active for 15 consecutive weeks.
Performance by holding period
Active trend streak15 weeks
Active weeks in one year25
Trend breadth48.1%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure-0.53Latest activity-pressure read.
Pressure change-247.8%Four-week change in activity pressure.
Leadership-6.43Latest relative-leadership reading.
RS change-156.3%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 8 relevant articles.
1 positive · 7 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-34.0%Distance below the 52-week high.
13-week volatility6.5%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 higher10 of 2615 weeks finished lower.
Best week+53.5%Week of 24 Apr.
Worst week-11.8%Week of 8 May.
Latest week-0.4%Week of 7 Aug.
Shape of recent returns
Strong gains7
Modest gains3
Flat weeks1
Modest losses6
Sharp losses9
Recent vol6.5%13-week weekly-return volatility.
Base vol11.6%52-week weekly-return volatility.
Up/down split20/30Count of positive and negative weeks in the 52-week window.
Average skew11.6% / -5.9%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 Financial Services
4-week rank46 / 46
Group average1.0%
Trend breadth47.8%
Trend47.8%active weekly trend signals
MD23.9%positive activity pressure
RS15.2%positive relative leadership
Four-week leaders
IndustryNO Capital Markets
4-week rank3 / 3
Group average-6.4%
Trend breadth33.3%
Trend33.3%active weekly trend signals
MD33.3%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 analysis74/100Latest 12-week confirmation: trend 12/12, activity pressure 10/12, relative leadership 7/12.
Activity pressure 0.67; No reversal markers Next-Week ExpectancyNegative 41.06%Next-week expectancy is negative with a 41.06% 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 Sentiment52/100Weighted news tone is neutral across 8 relevant articles.
Norwegian Block Exchange AS Revenue Breakdown – MUN:9Q3 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 | 0.54 NOK | -0.4% | 0.52 NOK | 0.58 NOK | -0.53 | -6.43 | 4.9M | On |
| 31 Jul 2026 | 0.54 NOK | -5.1% | 0.52 NOK | 0.58 NOK | -0.23 | -5.70 | 6.8M | On |
| 24 Jul 2026 | 0.57 NOK | 0.0% | 0.51 NOK | 0.58 NOK | 0.04 | -0.39 | 6.3M | On |
| 17 Jul 2026 | 0.57 NOK | -7.9% | 0.51 NOK | 0.58 NOK | 0.23 | 1.86 | 4.9M | On |
| 10 Jul 2026 | 0.62 NOK | -4.9% | 0.50 NOK | 0.58 NOK | 0.36 | 11.42 | 10.3M | On |
| 3 Jul 2026 | 0.65 NOK | 5.3% | 0.50 NOK | 0.59 NOK | 0.34 | 15.87 | 2.1M | On |
| 26 Jun 2026 | 0.62 NOK | 5.3% | 0.49 NOK | 0.59 NOK | 0.42 | 11.70 | 1.7M | On |
| 19 Jun 2026 | 0.59 NOK | 4.3% | 0.49 NOK | 0.59 NOK | 0.56 | 2.60 | 1.4M | On |
| 12 Jun 2026 | 0.56 NOK | -8.3% | 0.48 NOK | 0.59 NOK | 0.73 | -5.48 | 3.3M | On |
| 5 Jun 2026 | 0.61 NOK | -4.4% | 0.48 NOK | 0.59 NOK | 0.90 | 1.03 | 3.3M | On |
| 29 May 2026 | 0.64 NOK | 15.9% | 0.48 NOK | 0.60 NOK | 1.06 | 4.36 | 7.6M | On |
| 22 May 2026 | 0.56 NOK | -3.5% | 0.47 NOK | 0.60 NOK | 1.16 | -11.13 | 12.0M | On |
| 15 May 2026 | 0.57 NOK | -4.2% | 0.47 NOK | 0.60 NOK | 1.30 | -5.99 | 8.9M | On |
| 8 May 2026 | 0.60 NOK | -11.8% | 0.47 NOK | 0.61 NOK | 1.15 | 1.37 | 14.4M | 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.