- The trend backdrop is active with a 26-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 positive on the latest completed week.
EQNR
OSL
Week ended 07 Aug 2026
Weekly Investor Report
Equinor ASA · Energy · Oil & Gas Integrated
Latest close
372.0 NOK
-3.6%
latest week
Weekly setup
Constructive, but selective
The weekly trend is active. Price is 12.4% above the Trend Line and sits at 76.7% of its 52-week range. The latest completed week returned -3.6%, after a 12.9% four-week move. The latest news-sentiment score is 55/100.
Setup score
65
out of 100
Latest Close
372.0 NOK
7 Aug 2026
1W Return
-3.6%
latest completed week
4W Return
12.9%
short-term follow-through
12W Return
3.0%
quarterly tape
Trend Breadth
55.8%
29 of 52 weeks active
Volume Ratio
1.1x
vs 13-week average
- 10 reversal markers appear in the recent smart-money tape.
- Latest weekly return ranks in the weaker part of its sector group.
- 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
-3.6%
Latest completed week; four-week move 12.9%.
Indicator stack
76/63
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
55/100
22 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 12.4% above the Trend Line and sits at 76.7% of its 52-week range. The latest completed week returned -3.6%, 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 1.1x 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 0.5412-week average 0.69
12-week confirmation
Trend active12/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure2/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership12/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.54Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers1010 reversal markers
No recent accumulation markers. 10 reversal markers.
03 · Momentum and leadership
Is performance persistent—and is the stock leading?
Performance is 12.9% over four weeks, 3.0% over 12 weeks, and 55.3% over one year. The current trend has remained active for 26 consecutive weeks.
Performance by holding period
Active trend streak26 weeks
Active weeks in one year29
Trend breadth55.8%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure0.20Latest activity-pressure read.
Pressure change119.5%Four-week change in activity pressure.
Leadership16.12Latest relative-leadership reading.
RS change65.0%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 sentiment55/100
Weighted news tone is neutral across 22 relevant articles.
4 positive · 15 neutral · 3 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-11.0%Distance below the 52-week high.
13-week volatility5.7%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 higher15 of 2611 weeks finished lower.
Best week+16.5%Week of 20 Mar.
Worst week-10.6%Week of 17 Apr.
Latest week-3.6%Week of 7 Aug.
Shape of recent returns
Strong gains9
Modest gains6
Flat weeks0
Modest losses6
Sharp losses5
Recent vol5.7%13-week weekly-return volatility.
Base vol5.3%52-week weekly-return volatility.
Up/down split27/25Count of positive and negative weeks in the 52-week window.
Average skew4.9% / -3.2%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 rank5 / 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 Integrated
4-week rank1 / 1
Group average12.9%
Trend breadth100.0%
Trend100.0%active weekly trend signals
MD100.0%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.
Weekly tape63/100
Trend, activity pressure, participation, and risk combine to a 63/100 tape read.
Indicator analysis57/100Latest 12-week confirmation: trend 12/12, activity pressure 2/12, relative leadership 12/12.
Activity pressure 0.54; 10 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 Sentiment55/100Weighted news tone is neutral across 22 relevant articles.
Equinor Shares Go Ex-Dividend Today With $0.39 Payout 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 | 372.0 NOK | -3.6% | 331.1 NOK | 262.6 NOK | 0.20 | 16.12 | 11.4M | On |
| 31 Jul 2026 | 385.7 NOK | -1.7% | 326.5 NOK | 261.9 NOK | -0.01 | 21.40 | 13.6M | On |
| 24 Jul 2026 | 392.5 NOK | 9.6% | 321.5 NOK | 261.0 NOK | -0.38 | 24.75 | 15.5M | On |
| 17 Jul 2026 | 358.2 NOK | 8.7% | 316.0 NOK | 260.0 NOK | -0.81 | 17.41 | 13.6M | On |
| 10 Jul 2026 | 329.5 NOK | 3.6% | 311.6 NOK | 259.3 NOK | -1.01 | 9.77 | 13.7M | On |
| 3 Jul 2026 | 318.2 NOK | 2.9% | 308.2 NOK | 258.6 NOK | -1.01 | 5.53 | 1.1M | On |
| 26 Jun 2026 | 309.1 NOK | -2.3% | 305.3 NOK | 258.1 NOK | -0.87 | 5.00 | 2.7M | On |
| 19 Jun 2026 | 316.4 NOK | -9.2% | 302.5 NOK | 257.7 NOK | -0.70 | 4.90 | 7.6M | On |
| 12 Jun 2026 | 348.4 NOK | -1.6% | 299.6 NOK | 257.2 NOK | -0.48 | 12.92 | 5.3M | On |
| 5 Jun 2026 | 354.0 NOK | 5.6% | 296.0 NOK | 256.6 NOK | -0.31 | 14.46 | 2.0M | 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 |
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.