ZAP OSL Week ended 07 Aug 2026

Weekly Investor Report

Zaptec ASA · Industrials · Electrical Equipment & Parts

Latest close 46.60 NOK
2.1% latest week
Weekly setup

Constructive, but selective

The weekly trend is active. Price is 26.9% above the Trend Line and sits at 84.6% of its 52-week range. The latest completed week returned 2.1%, after a 1.2% four-week move. The latest news-sentiment score is 53/100. Near-term considerations: volume confirmation is below normal.

Setup score 60 out of 100
Latest Close 46.60 NOK 7 Aug 2026
1W Return 2.1% latest completed week
4W Return 1.2% short-term follow-through
12W Return 13.0% quarterly tape
Trend Breadth 61.5% 32 of 52 weeks active
Volume Ratio 0.9x vs 13-week average
What is working
  • The trend backdrop is active with a 17-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.
What could go wrong
  • Activity pressure is negative, which weakens the current setup.
  • 13 reversal markers appear in the recent smart-money tape.
What to watch next
  • 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.
01 · Price action

Where price is—and whether the trend supports it

The weekly trend is active. Price is 26.9% above the Trend Line and sits at 84.6% of its 52-week range. The latest completed week returned 2.1%, after a 1.2% four-week move.

Study the full chart

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 0.9112-week average 0.93

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 leadership12/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.91Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers1313 reversal markers

No recent accumulation markers. 13 reversal markers.

03 · Momentum and leadership

Is performance persistent—and is the stock leading?

Performance is 1.2% over four weeks, 13.0% over 12 weeks, and 95.0% over one year. The current trend has remained active for 17 consecutive weeks.

Performance by holding period

1W2.1%
4W1.2%
12W13.0%
26W100.4%
52W95.0%
Active trend streak17 weeks
Active weeks in one year32
Trend breadth61.5%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure-0.27Latest activity-pressure read.
Pressure change-128.9%Four-week change in activity pressure.
Leadership29.72Latest relative-leadership reading.
RS change-23.8%Four-week change in relative leadership.
04 · Fundamentals and valuation

What investors are paying for—and the quality behind it

A published fundamentals and factor snapshot is not available for this company.

Open full factor analysis

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 sentiment53/100

Weighted news tone is neutral across 6 relevant articles.

1 positive · 5 neutral · 0 negative
Patient 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-9.0%Distance below the 52-week high.
13-week volatility6.0%Standard deviation of weekly returns.

Weekly gains and losses

Latest 26 completed weeks

Each bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.

Weeks higher13 of 2613 weeks finished lower.
Best week+36.1%Week of 20 Feb.
Worst week-7.9%Week of 10 Jul.
Latest week+2.1%Week of 7 Aug.

Shape of recent returns

Strong gains7
Modest gains6
Flat weeks0
Modest losses8
Sharp losses5
Recent vol6.0%13-week weekly-return volatility.
Base vol7.4%52-week weekly-return volatility.
Up/down split26/26Count of positive and negative weeks in the 52-week window.
Average skew6.4% / -3.4%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.

IndustryNO Electrical Equipment & Parts
4-week rank1 / 1
Group average1.2%
Trend breadth100.0%
Trend100.0%active weekly trend signals
MD0.0%positive activity pressure
RS100.0%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.

WeekCloseReturnTrend LineFair ValuePressureLeadershipVolumeTrend
7 Aug 202646.60 NOK2.1%36.72 NOK22.06 NOK-0.2729.721.1MOn
31 Jul 202645.65 NOK3.5%35.96 NOK21.95 NOK-0.0528.73803.5KOn
24 Jul 202644.10 NOK-3.2%35.26 NOK21.86 NOK0.3426.06664.4KOn
17 Jul 202645.55 NOK-1.1%34.57 NOK21.77 NOK0.6534.53900.7KOn
10 Jul 202646.05 NOK-7.9%33.82 NOK21.66 NOK0.9238.99980.3KOn
3 Jul 202650.00 NOK10.3%33.06 NOK21.55 NOK1.1151.61491.7KOn
26 Jun 202645.35 NOK-5.3%32.20 NOK21.43 NOK1.1142.52265.2KOn
19 Jun 202647.90 NOK-0.9%31.50 NOK21.35 NOK1.3648.47243.5KOn
12 Jun 202648.35 NOK2.4%30.65 NOK21.25 NOK1.5148.70250.7KOn
5 Jun 202647.20 NOK-6.1%29.85 NOK21.17 NOK1.5746.44327.1KOn
29 May 202650.27 NOK9.7%29.14 NOK21.10 NOK1.6858.083.5MOn
22 May 202645.81 NOK11.0%28.45 NOK21.01 NOK1.4743.194.8MOn
15 May 202641.25 NOK1.5%27.93 NOK20.94 NOK1.2932.071.4MOn
8 May 202640.63 NOK16.3%27.56 NOK20.92 NOK1.2134.423.4MOn
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.

Evidence context