- Volume is elevated versus the 13-week average, confirming attention.
TECH
OSL
Week ended 07 Aug 2026
Weekly Investor Report
Techstep ASA · Technology · Communication Equipment
Latest close
1.85 NOK
-24.2%
latest week
Weekly setup
Weak trend
The weekly trend is not active. Price is -80.3% below the Trend Line and sits at 2.0% of its 52-week range. The latest completed week returned -24.2%, after a -76.4% four-week move. The latest news-sentiment score is 50/100.
Setup score
24
out of 100
Latest Close
1.85 NOK
7 Aug 2026
1W Return
-24.2%
latest completed week
4W Return
-76.4%
short-term follow-through
12W Return
-82.0%
quarterly tape
Trend Breadth
17.3%
9 of 52 weeks active
Volume Ratio
2.9x
vs 13-week average
- The trend backdrop is inactive, so price action has not confirmed a constructive regime.
- Price is below the Trend Line, which keeps downside pressure in focus.
- Price is below Fair Value, so the market is still discounting the latest tape.
- Activity pressure is negative, which weakens the current setup.
- 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
-24.2%
Latest completed week; four-week move -76.4%.
Indicator stack
10/29
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.
Next-Week Expectancy
Negative 36.95%
Historical one-week expectancy contributes to the evidence score when direction is confirmed.
News sentiment
50/100
1 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 not active. Price is -80.3% below the Trend Line and sits at 2.0% of its 52-week range. The latest completed week returned -24.2%, after a -76.4% 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 2.9x the 13-week average. Participation is unusually strong and confirms that the move is attracting attention.
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 0.0912-week average 0.12
12-week confirmation
Trend active0/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure1/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership0/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.09Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers0No reversal markers
No recent accumulation markers. No reversal markers.
03 · Momentum and leadership
Is performance persistent—and is the stock leading?
Performance is -76.4% over four weeks, -82.0% over 12 weeks, and -85.6% over one year. The current trend has remained active for 0 consecutive weeks.
Performance by holding period
Active trend streak0 weeks
Active weeks in one year9
Trend breadth17.3%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure-1.17Latest activity-pressure read.
Pressure change3.0%Four-week change in activity pressure.
Leadership-84.92Latest relative-leadership reading.
RS change-123.9%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 sentiment50/100
Weighted news tone is neutral across 1 relevant articles.
0 positive · 1 neutral · 0 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-86.8%Distance below the 52-week high.
13-week volatility18.7%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 higher6 of 2618 weeks finished lower.
Best week+6.4%Week of 24 Apr.
Worst week-69.9%Week of 24 Jul.
Latest week-24.2%Week of 7 Aug.
Shape of recent returns
Strong gains2
Modest gains4
Flat weeks2
Modest losses11
Sharp losses7
Recent vol18.7%13-week weekly-return volatility.
Base vol10.5%52-week weekly-return volatility.
Up/down split14/32Count of positive and negative weeks in the 52-week window.
Average skew3.4% / -5.8%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 Technology
4-week rank30 / 30
Group average-1.3%
Trend breadth26.7%
Trend26.7%active weekly trend signals
MD40.0%positive activity pressure
RS26.7%positive relative leadership
Four-week leaders
IndustryNO Communication Equipment
4-week rank4 / 4
Group average-18.2%
Trend breadth75.0%
Trend75.0%active weekly trend signals
MD0.0%positive activity pressure
RS75.0%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 tape25/100
Trend, activity pressure, participation, and risk combine to a 25/100 tape read.
Indicator analysis12/100Latest 12-week confirmation: trend 0/12, activity pressure 1/12, relative leadership 0/12.
Activity pressure 0.09; No reversal markers Next-Week ExpectancyNegative 36.95%Next-week expectancy is negative with a 36.95% historical one-week setup read.
Adds short-term historical context without overriding trend, activity, or relative leadership. Factors50/100No published factor snapshot is available yet.
Patient CapitalQuietActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal Sentiment50/100Weighted news tone is neutral across 1 relevant articles.
Techstep ASA announces trading update, bridge financing and plans for rights issue 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 | 1.85 NOK | -24.2% | 9.41 NOK | 10.92 NOK | -1.17 | -84.92 | 834.1K | Off |
| 31 Jul 2026 | 2.44 NOK | 1.7% | 9.77 NOK | 10.99 NOK | -1.11 | -80.47 | 195.2K | Off |
| 24 Jul 2026 | 2.40 NOK | -69.9% | 10.11 NOK | 11.05 NOK | -1.04 | -81.09 | 2.1M | Off |
| 17 Jul 2026 | 7.98 NOK | 1.8% | 10.47 NOK | 11.12 NOK | -1.03 | -36.85 | 168.5K | Off |
| 10 Jul 2026 | 7.84 NOK | -3.0% | 10.65 NOK | 11.15 NOK | -1.21 | -37.93 | 64.7K | Off |
| 3 Jul 2026 | 8.08 NOK | -0.2% | 10.80 NOK | 11.18 NOK | -1.26 | -37.09 | 30.6K | Off |
| 26 Jun 2026 | 8.10 NOK | 3.8% | 10.92 NOK | 11.23 NOK | -1.21 | -36.08 | 62 | Off |
| 19 Jun 2026 | 7.80 NOK | -6.3% | 11.06 NOK | 11.28 NOK | -0.96 | -40.57 | 7.2K | Off |
| 12 Jun 2026 | 8.32 NOK | -9.6% | 11.20 NOK | 11.33 NOK | -0.65 | -38.57 | 39.2K | Off |
| 5 Jun 2026 | 9.20 NOK | -5.0% | 11.33 NOK | 11.38 NOK | -0.35 | -32.97 | 4.0K | Off |
| 29 May 2026 | 9.68 NOK | -5.1% | 11.43 NOK | 11.44 NOK | 0.00 | -29.92 | 105.4K | Off |
| 22 May 2026 | 10.20 NOK | -1.0% | 11.50 NOK | 11.49 NOK | -0.11 | -28.27 | 80.8K | Off |
| 15 May 2026 | 10.30 NOK | -6.4% | 11.56 NOK | 11.53 NOK | -0.30 | -27.25 | 126.2K | Off |
| 8 May 2026 | 11.00 NOK | 4.3% | 11.62 NOK | 11.57 NOK | -0.64 | -20.87 | 94.7K | Off |
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.