OSL Equity Snapshot

ZLNA Weekly Equity Report

Zelluna ASA

Interactive chart JSON snapshot
Latest Close 20.50 NOK 12 Jun 2026
1W Return -10.5% latest completed week
4W Return -6.8% short-term follow-through
12W Return 3.8% quarterly tape
Trend Breadth 34.6% 18 of 52 weeks active
Volume Ratio 0.4x vs 13-week average
Company Brief

What the company does

Zelluna ASA, a clinical-stage biotechnology company, engages in the development of T-cell receptor guided natural killer cell therapies in Norway. It develops ZI-MA4-1 which is in Phase I clinical trial for the treatment of non-small cell lung cancer, ovarian, and head and neck synovial sarcoma; ZI-KL1-1 which is in preclinical trial for the treatment of breast, gastric, lung, pancreatic, and cervix cancers; and ZI-PR-1 which is in discovery stage for the treatment of solid tumors. The company was incorporated in 2016 and is headquartered in Oslo, Norway.

Snapshot

What the weekly tape is saying

ZLNA closed the latest completed week at 20.50 NOK. The 4-week return is -6.8% and the 12-week return is 3.8%. Trend Signal is active, Market Dynamics is 0.20. Setup signature: Deep recovery attempt with a 44/100 composite read.

Trend Signal Active
Market Dynamics No fresh buy
Price vs Trend 17.9%
Volume 0.4x
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 64 Persistence of active Trend Signal over the last year and current streak.
Momentum 38 Blend of 4-week and 12-week follow-through.
Dynamics 47 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 100 Relative leadership and short-term RS change.
Volume 17 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
17.38 NOK
Vs Trend Line
17.9%
Fair Value
269.3 NOK
Vs Fair Value
-92.4%
52W High
35.80 NOK
52W Low
8.20 NOK
Drawdown
-42.7%
Range Position
44.6%
Momentum

Returns and trend persistence

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

Return windows

1W -10.5%
4W -6.8%
12W 3.8%
26W 115.8%
52W 44.9%

Trend read

Active Streak
18 weeks
52W Active Weeks
18
52W Active Breadth
34.6%
Sector Scope
NO Healthcare
Sector Rank
22 of 24
Sector Percentile
8.7%
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
0.20
4W MD Change
-84.3%
Relative Strength
18.98
4W RS Change
-34.4%
Expectation
Undecided
Probability
51.97%
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
93.3K
13W Average
227.1K
52W Average
124.8K
Vs 13W
0.4x
Vs 52W
0.7x
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
14.7%
52W Volatility
12.0%
Upside Weeks
27
Downside Weeks
25
Downside Breadth
48.1%
Avg Gain / Loss
7.8% / -5.7%
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
Healthcare
Industry
Biotechnology
Currency
NOK
Market Cap
570.1M

Opportunity signals

  • Trend Signal is active with a 18-week active streak.
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Market Dynamics is positive on the latest completed week.

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.
  • 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 20.50 NOK -10.5% 17.38 NOK 269.3 NOK 0.20 18.98 93.3K On
5 Jun 2026 22.90 NOK 5.5% 16.99 NOK 274.2 NOK 0.56 32.80 87.3K On
29 May 2026 21.70 NOK -4.0% 16.56 NOK 279.1 NOK 0.81 26.80 33.6K On
22 May 2026 22.60 NOK 2.7% 16.21 NOK 286.8 NOK 1.09 30.05 101.4K On
15 May 2026 22.00 NOK -3.9% 15.84 NOK 294.2 NOK 1.30 28.91 179.2K On
8 May 2026 22.90 NOK 3.2% 15.49 NOK 302.0 NOK 1.54 38.09 90.2K On
1 May 2026 22.20 NOK -0.9% 15.12 NOK 310.0 NOK 1.61 31.36 186.5K On
24 Apr 2026 22.40 NOK -22.0% 14.76 NOK 318.1 NOK 1.64 34.61 591.4K On
17 Apr 2026 28.70 NOK 44.9% 14.43 NOK 326.1 NOK 1.65 74.70 883.1K On
10 Apr 2026 19.80 NOK 5.4% 13.91 NOK 334.2 NOK 1.64 17.42 112.4K On
3 Apr 2026 18.78 NOK -2.7% 13.67 NOK 342.2 NOK 1.67 11.01 100.1K On
27 Mar 2026 19.29 NOK -2.3% 13.49 NOK 349.5 NOK 1.62 17.73 206.7K On
20 Mar 2026 19.76 NOK 11.0% 13.33 NOK 356.7 NOK 1.56 20.61 287.6K On
13 Mar 2026 17.80 NOK 14.1% 13.13 NOK 363.6 NOK 1.52 9.10 83.8K On