{"ticker": {"uuid": "856112e9-d29d-4718-b9b0-25cc76d9e585", "symbol": "ELK", "name": "Elkem ASA", "exchange": "OSL", "asset_type": "equity"}, "latest_week": "2026-06-12", "summary": "ELK closed the latest completed week at 33.12 NOK. The 4-week return is 17.9% and the 12-week return is 28.5%. Trend Signal is active, Market Dynamics is 1.06.", "description": "Elkem ASA engages in the provision of advanced material solutions worldwide. It operates through Silicones, Silicon Products, and Carbon Solutions segments. The company offers silicones polymers, including silicone oils, compounds, emulsions, grease, and resins, as well as chlorosilanes, heat cured rubber silicone, lower carbon and circular silicone materials, elastomer gels, liquid silicone rubber, and RTV-1 and RTV-2 silicones. It also provides silicon-based materials comprising silicon, silicon powder/micronized silicon, silica fume/ micro-silica, ferrosilicon, grain refiners, and specialties for technical ceramics. In addition, the company offers foundry alloys, such as preconditioners, recarburizers, conditioners, nodularizers, inserts, and inoculants; and carbon-based materials comprising carbon electrodes, synthetic graphite, furnace tapping materials, electrode paste, ramming paste, prebaked electrodes, and furnace lining materials, as well as polymer additives, boron carbide, and oilfield and refractories specialty products. It offers its products to electronics, aerospace, healthcare, personal care, packaging, airbag coating, chemicals, aluminium, electronics, automotive, specialty steel, solar, construction, refractories, oil and gas, military equipment, ferroalloys, silicon, and aluminium industries. The company was founded in 1904 and is based in Oslo, Norway. Elkem ASA operates as a subsidiary of Bluestar Elkem International Co., Ltd. S.A.", "setup_signature": "Leadership continuation", "composite_score": "75", "kpis": [{"label": "Latest Close", "value": "33.12 NOK", "hint": "2026-06-12"}, {"label": "1W Return", "value": "-0.5%", "tone": "negative", "hint": "latest completed week"}, {"label": "4W Return", "value": "17.9%", "tone": "positive", "hint": "short-term follow-through"}, {"label": "12W Return", "value": "28.5%", "tone": "positive", "hint": "quarterly tape"}, {"label": "Trend Breadth", "value": "96.2%", "hint": "50 of 52 weeks active"}, {"label": "Volume Ratio", "value": "1.0x", "hint": "vs 13-week average"}], "classification": {"exchange": "OSL", "country": "NO", "sector": "Basic Materials", "industry": "Specialty Chemicals", "currency": "NOK", "market_cap": "11.4B"}, "price": {"trend_line": "29.08 NOK", "fair_value": "22.62 NOK", "vs_trend": "13.9%", "vs_fair_value": "46.4%", "high_52": "34.60 NOK", "low_52": "21.38 NOK", "drawdown": "-4.3%", "range_position": "88.8%"}, "momentum": {"returns": [{"label": "1W", "value": -0.5405405567729888, "value_label": "-0.5%", "tone": "negative", "width": 4}, {"label": "4W", "value": 17.948714387464396, "value_label": "17.9%", "tone": "positive", "width": 51.28204110704113}, {"label": "12W", "value": 28.47167461320115, "value_label": "28.5%", "tone": "positive", "width": 81.34764175200328}, {"label": "26W", "value": 17.28044971671389, "value_label": "17.3%", "tone": "positive", "width": 49.372713476325394}, {"label": "52W", "value": 48.92085881294965, "value_label": "48.9%", "tone": "positive", "width": 100}], "trend_streak": 6, "active_weeks": 50, "active_breadth": "96.2%", "peer": {"scope": "NO Basic Materials", "count": 12, "rank": 3, "percentile": 81.81818181818181, "avg_weekly_return": -2.305332881638283}}, "setup": {"scores": [{"label": "Trend", "value": 73.65384615384616, "value_label": "74", "width": 73.65384615384616, "tone": "positive", "description": "Persistence of active Trend Signal over the last year and current streak."}, {"label": "Momentum", "value": 100, "value_label": "100", "width": 100, "tone": "positive", "description": "Blend of 4-week and 12-week follow-through."}, {"label": "Dynamics", "value": 88.85769335127776, "value_label": "89", "width": 88.85769335127776, "tone": "positive", "description": "Latest Market Dynamics and whether pressure has improved over four weeks."}, {"label": "Relative Strength", "value": 80.29822145111329, "value_label": "80", "width": 80.29822145111329, "tone": "positive", "description": "Relative leadership and short-term RS change."}, {"label": "Volume", "value": 40.819184467300936, "value_label": "41", "width": 40.819184467300936, "tone": "neutral", "description": "Participation compared with the 13-week volume baseline."}, {"label": "Risk Control", "value": 65.73000032818155, "value_label": "66", "width": 65.73000032818155, "tone": "neutral", "description": "Drawdown and recent weekly volatility pressure."}], "timeline": [{"week": "27 Feb", "return": 4.160985675306957, "return_label": "4.2%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": false, "height": 34.674880627557975}, {"week": "6 Mar", "return": -3.9947641128106053, "return_label": "-4.0%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": false, "height": 33.28970094008838}, {"week": "13 Mar", "return": -2.114594133697135, "return_label": "-2.1%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": false, "height": 17.62161778080946}, {"week": "20 Mar", "return": -10.174215673372283, "return_label": "-10.2%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": false, "height": 84.78513061143569}, {"week": "27 Mar", "return": 9.697439499711425, "return_label": "9.7%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": false, "height": 80.81199583092854}, {"week": "3 Apr", "return": -0.49505655958074074, "return_label": "-0.5%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 4.125471329839506}, {"week": "10 Apr", "return": 3.695810365878123, "return_label": "3.7%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": false, "height": 30.798419715651026}, {"week": "17 Apr", "return": -2.604523646333098, "return_label": "-2.6%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": false, "height": 21.704363719442483}, {"week": "24 Apr", "return": 0.14074243490498986, "return_label": "0.1%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": false, "height": 4}, {"week": "1 May", "return": -4.778633337267505, "return_label": "-4.8%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 39.8219444772292}, {"week": "8 May", "return": 8.708483394833943, "return_label": "8.7%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": false, "height": 72.57069495694952}, {"week": "15 May", "return": -4.684314483513735, "return_label": "-4.7%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": false, "height": 39.03595402928113}, {"week": "22 May", "return": 13.105413105413119, "return_label": "13.1%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": false, "height": 100}, {"week": "29 May", "return": 1.511341309823663, "return_label": "1.5%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": true, "height": 12.59451091519719}, {"week": "5 Jun", "return": 3.2878316818963063, "return_label": "3.3%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": true, "height": 27.398597349135883}, {"week": "12 Jun", "return": -0.5405405567729888, "return_label": "-0.5%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": true, "height": 4.504504639774907}]}, "groups": {"sector": {"scope": "NO Basic Materials", "count": 12, "avg_weekly_return": -2.305332881638283, "avg_four_week_return": 4.401964979526218, "avg_twelve_week_return": 4.388488766548435, "trend_breadth": 41.66666666666667, "positive_md_breadth": 58.333333333333336, "positive_rs_breadth": 33.33333333333333, "week_rank": 3, "four_week_rank": 3, "twelve_week_rank": 3, "top_peers": [{"id": 25902, "symbol": "BCS", "name": "Bergen Carbon Solutions AS", "exchange": "OSL", "url": "/terminal/79acc3b4-477a-4c6b-8cd1-b61fa92e0c64/report/", "weekly_return": 13.695090439276491, "weekly_return_label": "13.7%", "weekly_return_tone": "positive", "four_week_return": 29.411764705882366, "four_week_return_label": "29.4%", "four_week_return_tone": "positive", "twelve_week_return": 26.801152737752165, "twelve_week_return_label": "26.8%", "twelve_week_return_tone": "positive", "trend_active": false, "positive_md": true, "positive_rs": false}, {"id": 25970, "symbol": "DSRT", "name": "Desert Control AS", "exchange": "OSL", "url": "/terminal/d910cf74-e295-4fbe-863f-061f71e2993c/report/", "weekly_return": -4.6715328467153325, "weekly_return_label": "-4.7%", "weekly_return_tone": "negative", "four_week_return": 23.207547169811317, "four_week_return_label": "23.2%", "four_week_return_tone": "positive", "twelve_week_return": -16.0128617363344, "twelve_week_return_label": "-16.0%", "twelve_week_return_tone": "negative", "trend_active": false, "positive_md": true, "positive_rs": false}, {"id": 25980, "symbol": "ELK", "name": "Elkem ASA", "exchange": "OSL", "url": "/terminal/856112e9-d29d-4718-b9b0-25cc76d9e585/report/", "weekly_return": -0.5405405567729888, "weekly_return_label": "-0.5%", "weekly_return_tone": "negative", "four_week_return": 17.948714387464396, "four_week_return_label": "17.9%", "four_week_return_tone": "positive", "twelve_week_return": 28.47167461320115, "twelve_week_return_label": "28.5%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true}, {"id": 26342, "symbol": "TEKNA", "name": "Tekna Holding ASA", "exchange": "OSL", "url": "/terminal/2d68f91c-a3d0-4262-a9aa-00065b69348a/report/", "weekly_return": -6.25, "weekly_return_label": "-6.2%", "weekly_return_tone": "negative", "four_week_return": 4.456824512534823, "four_week_return_label": "4.5%", "four_week_return_tone": "positive", "twelve_week_return": 11.940298507462684, "twelve_week_return_label": "11.9%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": false}, {"id": 26158, "symbol": "NHY", "name": "Norsk Hydro ASA", "exchange": "OSL", "url": "/terminal/203516f5-180c-4336-bc84-1c9d17ae0438/report/", "weekly_return": -5.3856095117895, "weekly_return_label": "-5.4%", "weekly_return_tone": "negative", "four_week_return": 3.829790070921989, "four_week_return_label": "3.8%", "four_week_return_tone": "positive", "twelve_week_return": 31.49566470302208, "twelve_week_return_label": "31.5%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true}]}, "industry": {"scope": "NO Specialty Chemicals", "count": 4, "avg_weekly_return": 0.8962614677161655, "avg_four_week_return": 12.024574849202814, "avg_twelve_week_return": 13.738393319362459, "trend_breadth": 50.0, "positive_md_breadth": 75.0, "positive_rs_breadth": 25.0, "week_rank": 2, "four_week_rank": 2, "twelve_week_rank": 1, "top_peers": [{"id": 25902, "symbol": "BCS", "name": "Bergen Carbon Solutions AS", "exchange": "OSL", "url": "/terminal/79acc3b4-477a-4c6b-8cd1-b61fa92e0c64/report/", "weekly_return": 13.695090439276491, "weekly_return_label": "13.7%", "weekly_return_tone": "positive", "four_week_return": 29.411764705882366, "four_week_return_label": "29.4%", "four_week_return_tone": "positive", "twelve_week_return": 26.801152737752165, "twelve_week_return_label": "26.8%", "twelve_week_return_tone": "positive", "trend_active": false, "positive_md": true, "positive_rs": false}, {"id": 25980, "symbol": "ELK", "name": "Elkem ASA", "exchange": "OSL", "url": "/terminal/856112e9-d29d-4718-b9b0-25cc76d9e585/report/", "weekly_return": -0.5405405567729888, "weekly_return_label": "-0.5%", "weekly_return_tone": "negative", "four_week_return": 17.948714387464396, "four_week_return_label": "17.9%", "four_week_return_tone": "positive", "twelve_week_return": 28.47167461320115, "twelve_week_return_label": "28.5%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true}, {"id": 26342, "symbol": "TEKNA", "name": "Tekna Holding ASA", "exchange": "OSL", "url": "/terminal/2d68f91c-a3d0-4262-a9aa-00065b69348a/report/", "weekly_return": -6.25, "weekly_return_label": "-6.2%", "weekly_return_tone": "negative", "four_week_return": 4.456824512534823, "four_week_return_label": "4.5%", "four_week_return_tone": "positive", "twelve_week_return": 11.940298507462684, "twelve_week_return_label": "11.9%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": false}, {"id": 25925, "symbol": "BRG", "name": "Borregaard ASA", "exchange": "OSL", "url": "/terminal/d3a5b10d-34f7-489a-82a1-86ff4689d044/report/", "weekly_return": -3.31950401163884, "weekly_return_label": "-3.3%", "weekly_return_tone": "negative", "four_week_return": -3.71900420907033, "four_week_return_label": "-3.7%", "four_week_return_tone": "negative", "twelve_week_return": -12.259552580966162, "twelve_week_return_label": "-12.3%", "twelve_week_return_tone": "negative", "trend_active": false, "positive_md": false, "positive_rs": false}]}}, "dynamics": {"market_dynamics": "1.06", "market_dynamics_tone": "positive", "md_4_change": "246.8%", "relative_strength": "5.84", "rs_4_change": "159.7%", "expectation": "Undecided", "expectation_probability": "51.08%"}, "volume": {"latest": "4.7M", "average_13": "4.8M", "average_52": "5.7M", "ratio_13": "1.0x", "ratio_52": "0.8x"}, "risk": {"volatility_13": "6.2%", "volatility_52": "5.0%", "downside_weeks": 22, "upside_weeks": 30, "downside_breadth": "42.3%", "average_gain": "3.9%", "average_loss": "-3.2%"}, "signals": [{"label": "Trend Signal", "value": "Active", "tone": "positive"}, {"label": "Market Dynamics", "value": "No fresh buy", "tone": "neutral"}, {"label": "Price vs Trend", "value": "13.9%", "tone": "positive"}, {"label": "Volume", "value": "1.0x", "tone": "neutral"}], "opportunities": ["Trend Signal is active with a 6-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.", "Market Dynamics is positive on the latest completed week.", "Latest weekly return ranks in the strongest part of its sector group."], "risks": ["No major top-level risk cluster is currently dominant."], "watch_points": ["Price is close to its 52-week high; watch for continuation or exhaustion.", "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."], "recent_rows": [{"week": "2026-06-12", "close": "33.12 NOK", "weekly_return": -0.5405405567729888, "weekly_return_label": "-0.5%", "weekly_return_tone": "negative", "trend_line": "29.08 NOK", "fair_value": "22.62 NOK", "market_dynamics": "1.06", "relative_strength": "5.84", "volume": "4.7M", "trend_signal": "On"}, {"week": "2026-06-05", "close": "33.30 NOK", "weekly_return": 3.2878316818963063, "weekly_return_label": "3.3%", "weekly_return_tone": "positive", "trend_line": "28.86 NOK", "fair_value": "22.58 NOK", "market_dynamics": "0.63", "relative_strength": "6.34", "volume": "6.6M", "trend_signal": "On"}, {"week": "2026-05-29", "close": "32.24 NOK", "weekly_return": 1.511341309823663, "weekly_return_label": "1.5%", "weekly_return_tone": "positive", "trend_line": "28.60 NOK", "fair_value": "22.53 NOK", "market_dynamics": "0.28", "relative_strength": "3.59", "volume": "6.6M", "trend_signal": "On"}, {"week": "2026-05-22", "close": "31.76 NOK", "weekly_return": 13.105413105413119, "weekly_return_label": "13.1%", "weekly_return_tone": "positive", "trend_line": "28.42 NOK", "fair_value": "22.50 NOK", "market_dynamics": "-0.29", "relative_strength": "0.33", "volume": "6.6M", "trend_signal": "On"}, {"week": "2026-05-15", "close": "28.08 NOK", "weekly_return": -4.684314483513735, "weekly_return_label": "-4.7%", "weekly_return_tone": "negative", "trend_line": "28.23 NOK", "fair_value": "22.47 NOK", "market_dynamics": "-0.72", "relative_strength": "-9.79", "volume": "2.6M", "trend_signal": "On"}, {"week": "2026-05-08", "close": "29.46 NOK", "weekly_return": 8.708483394833943, "weekly_return_label": "8.7%", "weekly_return_tone": "positive", "trend_line": "28.24 NOK", "fair_value": "22.47 NOK", "market_dynamics": "-0.79", "relative_strength": "-2.90", "volume": "6.6M", "trend_signal": "On"}, {"week": "2026-05-01", "close": "27.10 NOK", "weekly_return": -4.778633337267505, "weekly_return_label": "-4.8%", "weekly_return_tone": "negative", "trend_line": "28.17 NOK", "fair_value": "22.47 NOK", "market_dynamics": "-0.92", "relative_strength": "-12.56", "volume": "3.5M", "trend_signal": "Off"}, {"week": "2026-04-24", "close": "28.46 NOK", "weekly_return": 0.14074243490498986, "weekly_return_label": "0.1%", "weekly_return_tone": "positive", "trend_line": "28.17 NOK", "fair_value": "22.48 NOK", "market_dynamics": "-0.92", "relative_strength": "-6.88", "volume": "3.5M", "trend_signal": "On"}, {"week": "2026-04-17", "close": "28.42 NOK", "weekly_return": -2.604523646333098, "weekly_return_label": "-2.6%", "weekly_return_tone": "negative", "trend_line": "28.12 NOK", "fair_value": "22.49 NOK", "market_dynamics": "-0.95", "relative_strength": "-5.64", "volume": "3.3M", "trend_signal": "On"}, {"week": "2026-04-10", "close": "29.18 NOK", "weekly_return": 3.695810365878123, "weekly_return_label": "3.7%", "weekly_return_tone": "positive", "trend_line": "28.03 NOK", "fair_value": "22.49 NOK", "market_dynamics": "-1.02", "relative_strength": "-6.47", "volume": "6.0M", "trend_signal": "On"}, {"week": "2026-04-03", "close": "28.14 NOK", "weekly_return": -0.49505655958074074, "weekly_return_label": "-0.5%", "weekly_return_tone": "negative", "trend_line": "27.89 NOK", "fair_value": "22.50 NOK", "market_dynamics": "-1.04", "relative_strength": "-10.04", "volume": "2.0M", "trend_signal": "Off"}, {"week": "2026-03-27", "close": "28.28 NOK", "weekly_return": 9.697439499711425, "weekly_return_label": "9.7%", "weekly_return_tone": "positive", "trend_line": "27.79 NOK", "fair_value": "22.51 NOK", "market_dynamics": "-0.96", "relative_strength": "-6.29", "volume": "5.1M", "trend_signal": "On"}, {"week": "2026-03-20", "close": "25.78 NOK", "weekly_return": -10.174215673372283, "weekly_return_label": "-10.2%", "weekly_return_tone": "negative", "trend_line": "27.70 NOK", "fair_value": "22.51 NOK", "market_dynamics": "-0.69", "relative_strength": "-13.88", "volume": "5.9M", "trend_signal": "On"}, {"week": "2026-03-13", "close": "28.70 NOK", "weekly_return": -2.114594133697135, "weekly_return_label": "-2.1%", "weekly_return_tone": "negative", "trend_line": "27.70 NOK", "fair_value": "22.52 NOK", "market_dynamics": "-0.39", "relative_strength": "-3.28", "volume": "6.4M", "trend_signal": "On"}], "chart_url": "/terminal/856112e9-d29d-4718-b9b0-25cc76d9e585/", "api_path": "/terminal/856112e9-d29d-4718-b9b0-25cc76d9e585/report/api/"}