OSL Equity Snapshot

MELG Weekly Equity Report

Melhus Sparebank

Latest Close 186.0 NOK 12 Jun 2026
1W Return -1.1% latest completed week
4W Return -2.0% short-term follow-through
12W Return -2.1% quarterly tape
Trend Breadth 80.8% 42 of 52 weeks active
Volume Ratio 0.2x vs 13-week average
Company Brief

What the company does

Melhus Sparebank, a savings bank, offers various banking products and services to businesses, agriculture customers, and private individuals in Norway. The company offers bank, Boligsparing for Ungdom, mutual fund, and retirement saving accounts. It also provides insurance services for electric scooter, boat, motorcycle, moped, jet ski, caravan, motorhome, ATV, tractor, snowmobile, trailer, and veteran cars; house and belongings, consisting of household items, travel, cottages, valuable items, drones, and home and travel insurance for young people; life and health for child, disabled, critical illness, and accident; and dogs, cats, and horses insurance services. In addition, the …

Snapshot

What the weekly tape is saying

MELG closed the latest completed week at 186.0 NOK. The 4-week return is -2.0% and the 12-week return is -2.1%. Trend Signal is active, Market Dynamics is -0.76. Setup signature: Balanced read with a 41/100 composite read.

Trend Signal Active
Market Dynamics No fresh buy
Price vs Trend 0.2%
Volume 0.2x
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 89 Persistence of active Trend Signal over the last year and current streak.
Momentum 43 Blend of 4-week and 12-week follow-through.
Dynamics 0 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 29 Relative leadership and short-term RS change.
Volume 8 Participation compared with the 13-week volume baseline.
Risk Control 77 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
185.7 NOK
Vs Trend Line
0.2%
Fair Value
149.7 NOK
Vs Fair Value
24.3%
52W High
197.0 NOK
52W Low
155.8 NOK
Drawdown
-5.6%
Range Position
73.3%
Momentum

Returns and trend persistence

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

Return windows

1W -1.1%
4W -2.0%
12W -2.1%
26W 3.3%
52W 12.0%

Trend read

Active Streak
29 weeks
52W Active Weeks
42
52W Active Breadth
80.8%
Sector Scope
NO Financial Services
Sector Rank
34 of 46
Sector Percentile
26.7%
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
-0.76
4W MD Change
-1039.1%
Relative Strength
-6.77
4W RS Change
-3.7%
Expectation
Undecided
Probability
53.40%
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
797
13W Average
4.1K
52W Average
3.1K
Vs 13W
0.2x
Vs 52W
0.3x
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
2.7%
52W Volatility
2.3%
Upside Weeks
30
Downside Weeks
19
Downside Breadth
36.5%
Avg Gain / Loss
1.6% / -1.9%
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
Financial Services
Industry
Banks - Regional
Currency
NOK
Market Cap
546.0M

Opportunity signals

  • Trend Signal is active with a 29-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.

Risk signals

  • 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 186.0 NOK -1.1% 185.7 NOK 149.7 NOK -0.76 -6.77 797 On
5 Jun 2026 188.0 NOK -4.5% 185.1 NOK 149.3 NOK -0.52 -6.32 14.6K On
29 May 2026 197.0 NOK 4.8% 184.2 NOK 148.9 NOK -0.34 -1.90 520 On
22 May 2026 188.0 NOK -1.0% 183.0 NOK 148.4 NOK -0.36 -8.39 334 On
15 May 2026 189.9 NOK -1.8% 182.1 NOK 148.0 NOK 0.08 -6.53 2.7K On
8 May 2026 193.4 NOK 0.7% 181.2 NOK 147.6 NOK 0.13 -2.64 1.4K On
1 May 2026 192.0 NOK 1.0% 180.0 NOK 147.2 NOK 0.29 -5.79 1.8K On
24 Apr 2026 190.0 NOK 0.5% 178.9 NOK 146.8 NOK 0.17 -5.79 7.6K On
17 Apr 2026 189.1 NOK -1.4% 177.9 NOK 146.4 NOK 0.16 -5.25 1.2K On
10 Apr 2026 191.8 NOK 3.7% 176.8 NOK 146.0 NOK 0.33 -7.64 8.8K On
3 Apr 2026 185.0 NOK -4.5% 175.7 NOK 145.5 NOK 0.22 -11.64 3.5K On
27 Mar 2026 193.7 NOK 1.9% 175.0 NOK 145.2 NOK 0.31 -4.51 3.1K On
20 Mar 2026 190.0 NOK 1.8% 173.9 NOK 144.7 NOK 0.23 -5.72 6.6K On
13 Mar 2026 186.6 NOK 0.0% 173.0 NOK 144.3 NOK 0.11 -6.50 5.9K On