OSL Equity Snapshot

EQNR Weekly Equity Report

Equinor ASA

Latest Close 348.4 NOK 12 Jun 2026
1W Return -1.6% latest completed week
4W Return -3.5% short-term follow-through
12W Return -10.9% quarterly tape
Trend Breadth 42.3% 22 of 52 weeks active
Volume Ratio 0.9x vs 13-week average
Company Brief

What the company does

Equinor ASA operates as an energy company in Norway and internationally. It operates through Exploration & Production Norway; Exploration & Production International; Exploration & Production USA; Marketing, Midstream & Processing; and Renewables segments. The company engages in the discovery and appraisal of new resources, as well as commercial development and operation of the oil and gas portfolios; oil and gas field development, well deliveries, and sourcing; research, technology development, specialist advisory services, digitalization, IT, improvement, innovation, and ventures and future business; and developing, exploring, investing in, and operating areas within renewable energy, such as offshore …

Snapshot

What the weekly tape is saying

EQNR closed the latest completed week at 348.4 NOK. The 4-week return is -3.5% and the 12-week return is -10.9%. Trend Signal is active, Market Dynamics is -0.40. Setup signature: Balanced read with a 45/100 composite read.

Trend Signal Active
Market Dynamics No fresh buy
Price vs Trend 16.3%
Volume 0.9x
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 68 Persistence of active Trend Signal over the last year and current streak.
Momentum 32 Blend of 4-week and 12-week follow-through.
Dynamics 12 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 87 Relative leadership and short-term RS change.
Volume 39 Participation compared with the 13-week volume baseline.
Risk Control 33 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
299.6 NOK
Vs Trend Line
16.3%
Fair Value
257.2 NOK
Vs Fair Value
35.4%
52W High
418.0 NOK
52W Low
220.8 NOK
Drawdown
-16.6%
Range Position
64.7%
Momentum

Returns and trend persistence

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

Return windows

1W -1.6%
4W -3.5%
12W -10.9%
26W 53.3%
52W 34.6%

Trend read

Active Streak
18 weeks
52W Active Weeks
22
52W Active Breadth
42.3%
Sector Scope
NO Energy
Sector Rank
20 of 45
Sector Percentile
56.8%
Peer Context

Sector and industry pulse

Peer breadth helps separate a stock-specific move from a broader group rotation.

NO Oil & Gas Integrated

Tracked Peers
1
4W Rank
1 of 1
Avg 1W
-1.6%
Avg 4W
-3.5%
Trend Breadth
100.0%
Positive RS
100.0%
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
-0.40
4W MD Change
-388.9%
Relative Strength
12.92
4W RS Change
-24.4%
Expectation
Negative
Probability
42.85%
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
18.2M
13W Average
19.7M
52W Average
16.8M
Vs 13W
0.9x
Vs 52W
1.1x
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
7.7%
52W Volatility
5.1%
Upside Weeks
27
Downside Weeks
25
Downside Breadth
48.1%
Avg Gain / Loss
4.4% / -3.3%
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
Energy
Industry
Oil & Gas Integrated
Currency
NOK
Market Cap
834.9B

Opportunity signals

  • Trend Signal is active with a 18-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.
  • Recent volatility is running well above the one-year baseline.

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 348.4 NOK -1.6% 299.6 NOK 257.2 NOK -0.40 12.92 18.2M On
5 Jun 2026 354.0 NOK 5.6% 296.0 NOK 256.6 NOK -0.29 14.46 11.7M On
29 May 2026 335.1 NOK -6.9% 292.1 NOK 255.9 NOK -0.17 8.94 17.3M On
22 May 2026 360.0 NOK -0.3% 288.7 NOK 255.2 NOK 0.04 14.88 15.3M On
15 May 2026 361.0 NOK 7.8% 284.5 NOK 254.4 NOK 0.14 17.10 12.4M On
8 May 2026 334.8 NOK -9.0% 280.0 NOK 253.6 NOK 0.24 11.67 20.7M On
1 May 2026 368.0 NOK 4.3% 276.5 NOK 253.0 NOK 0.53 20.12 13.2M On
24 Apr 2026 352.9 NOK 8.5% 272.1 NOK 252.2 NOK 0.80 17.13 13.3M On
17 Apr 2026 325.3 NOK -10.6% 268.6 NOK 251.4 NOK 1.19 9.74 24.1M On
10 Apr 2026 363.9 NOK -7.9% 265.6 NOK 250.9 NOK 1.59 18.33 25.4M On
3 Apr 2026 395.0 NOK -0.6% 261.2 NOK 250.1 NOK 1.80 28.10 14.4M On
27 Mar 2026 397.6 NOK 1.7% 255.7 NOK 249.0 NOK 1.85 34.00 29.7M On
20 Mar 2026 390.8 NOK 16.5% 250.4 NOK 248.0 NOK 1.84 33.29 40.2M On
13 Mar 2026 335.4 NOK 7.0% 245.5 NOK 246.9 NOK 1.83 16.11 40.1M On