OSL Equity Snapshot

MGN Weekly Equity Report

Magnora ASA

Interactive chart JSON snapshot
Latest Close 23.60 NOK 12 Jun 2026
1W Return -21.9% latest completed week
4W Return -25.9% short-term follow-through
12W Return -0.2% quarterly tape
Trend Breadth 28.8% 15 of 52 weeks active
Volume Ratio 3.3x vs 13-week average
Company Brief

What the company does

Magnora ASA operates as a renewable energy development company in Norway, Sweden, South Africa and the United Kingdom. The company focuses on developing data centers, solar photovoltaic energy, wind energy – onshore and offshore, renewable energy, and battery energy storage systems projects. The company was formerly known as Sevan Marine ASA and changed its name to Magnora ASA in October 2018. Magnora ASA was incorporated in 2001 and is based in Oslo, Norway.

Snapshot

What the weekly tape is saying

MGN closed the latest completed week at 23.60 NOK. The 4-week return is -25.9% and the 12-week return is -0.2%. Trend Signal is active, Market Dynamics is 1.20. Setup signature: Risk-first tape with a 40/100 composite read.

Trend Signal Active
Market Dynamics No fresh buy
Price vs Trend 0.8%
Volume 3.3x
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 57 Persistence of active Trend Signal over the last year and current streak.
Momentum 0 Blend of 4-week and 12-week follow-through.
Dynamics 69 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 11 Relative leadership and short-term RS change.
Volume 100 Participation compared with the 13-week volume baseline.
Risk Control 0 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
23.42 NOK
Vs Trend Line
0.8%
Fair Value
24.27 NOK
Vs Fair Value
-2.8%
52W High
33.70 NOK
52W Low
18.42 NOK
Drawdown
-30.0%
Range Position
33.9%
Momentum

Returns and trend persistence

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

Return windows

1W -21.9%
4W -25.9%
12W -0.2%
26W 23.2%
52W 0.6%

Trend read

Active Streak
12 weeks
52W Active Weeks
15
52W Active Breadth
28.8%
Sector Scope
NO Utilities
Sector Rank
10 of 11
Sector Percentile
10.0%
Peer Context

Sector and industry pulse

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

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
1.20
4W MD Change
-32.3%
Relative Strength
-9.29
4W RS Change
-145.3%
Expectation
Undecided
Probability
49.27%
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
8.7M
13W Average
2.6M
52W Average
1.1M
Vs 13W
3.3x
Vs 52W
7.6x
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
8.4%
52W Volatility
5.3%
Upside Weeks
23
Downside Weeks
29
Downside Breadth
55.8%
Avg Gain / Loss
4.5% / -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
Utilities
Industry
Utilities - Renewable
Currency
NOK
Market Cap
2.3B

Opportunity signals

  • Trend Signal is active with a 12-week active streak.
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Market Dynamics is positive on the latest completed week.
  • Volume is elevated versus the 13-week average, confirming attention.

Risk signals

  • Price is below Fair Value, so the market is still discounting the latest tape.
  • The share remains more than 20% below its 52-week high.
  • The latest week was a sharp negative move.
  • Recent volatility is running well above the one-year baseline.
  • Latest weekly return ranks in the weaker part of its sector group.

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 23.60 NOK -21.9% 23.42 NOK 24.27 NOK 1.20 -9.29 8.7M On
5 Jun 2026 30.20 NOK -3.8% 23.29 NOK 24.28 NOK 1.59 15.14 5.0M On
29 May 2026 31.40 NOK 6.1% 22.94 NOK 24.25 NOK 1.69 19.85 1.8M On
22 May 2026 29.60 NOK -7.1% 22.58 NOK 24.20 NOK 1.77 10.61 2.7M On
15 May 2026 31.85 NOK 6.2% 22.25 NOK 24.16 NOK 1.77 20.48 2.3M On
8 May 2026 30.00 NOK -0.5% 21.87 NOK 24.11 NOK 1.71 16.34 3.7M On
1 May 2026 30.15 NOK 13.8% 21.60 NOK 24.06 NOK 1.60 14.07 3.0M On
24 Apr 2026 26.50 NOK 9.1% 21.31 NOK 23.98 NOK 1.48 1.51 1.2M On
17 Apr 2026 24.30 NOK -1.4% 21.16 NOK 23.94 NOK 1.48 -5.95 993.3K On
10 Apr 2026 24.65 NOK 3.8% 21.09 NOK 23.90 NOK 1.56 -8.36 651.2K On
3 Apr 2026 23.75 NOK 0.2% 21.02 NOK 23.87 NOK 1.64 -12.40 335.8K On
27 Mar 2026 23.70 NOK 0.2% 20.97 NOK 23.84 NOK 1.45 -9.83 1.2M On
20 Mar 2026 23.65 NOK 4.2% 20.94 NOK 23.80 NOK 1.34 -9.76 2.2M Off
13 Mar 2026 22.70 NOK 8.6% 20.93 NOK 23.75 NOK 1.08 -12.82 1.6M Off