OSL Equity Snapshot

DNO Weekly Equity Report

DNO ASA

Latest Close 18.71 NOK 12 Jun 2026
1W Return -2.2% latest completed week
4W Return -2.9% short-term follow-through
12W Return -2.4% quarterly tape
Trend Breadth 100.0% 52 of 52 weeks active
Volume Ratio 0.7x vs 13-week average
Company Brief

What the company does

DNO ASA engages in the exploration, development, and production of oil and gas assets in the Middle East, the North Sea, and West Africa. The company holds 75% operating interests in the Tawke and Peshkabir fields located in the Kurdistan; and approximately 9% interest in Côte d'Ivoire's Block CI-27 located in West Africa. It also holds licenses in reservoirs, including in the Cretaceous, Jurassic and Triassic formations; and 129 offshore licenses in Norway, seven offshore licenses in the UK and one offshore license in the decommissioning phase in the Netherlands. DNO ASA was formerly known …

Snapshot

What the weekly tape is saying

DNO closed the latest completed week at 18.71 NOK. The 4-week return is -2.9% and the 12-week return is -2.4%. Trend Signal is active, Market Dynamics is -0.29. Setup signature: Balanced read with a 53/100 composite read.

Trend Signal Active
Market Dynamics No fresh buy
Price vs Trend 11.4%
Volume 0.7x
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 100 Persistence of active Trend Signal over the last year and current streak.
Momentum 41 Blend of 4-week and 12-week follow-through.
Dynamics 28 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 73 Relative leadership and short-term RS change.
Volume 31 Participation compared with the 13-week volume baseline.
Risk Control 43 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
16.79 NOK
Vs Trend Line
11.4%
Fair Value
11.06 NOK
Vs Fair Value
69.2%
52W High
21.53 NOK
52W Low
11.31 NOK
Drawdown
-13.1%
Range Position
72.4%
Momentum

Returns and trend persistence

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

Return windows

1W -2.2%
4W -2.9%
12W -2.4%
26W 27.3%
52W 49.8%

Trend read

Active Streak
74 weeks
52W Active Weeks
52
52W Active Breadth
100.0%
Sector Scope
NO Energy
Sector Rank
24 of 45
Sector Percentile
47.7%
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
-0.29
4W MD Change
-207.3%
Relative Strength
8.68
4W RS Change
-32.3%
Expectation
Undecided
Probability
51.44%
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
15.2M
13W Average
20.7M
52W Average
16.1M
Vs 13W
0.7x
Vs 52W
0.9x
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
7.1%
52W Volatility
5.5%
Upside Weeks
29
Downside Weeks
23
Downside Breadth
44.2%
Avg Gain / Loss
4.9% / -4.0%
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
Energy
Industry
Oil & Gas E&P
Currency
NOK
Market Cap
17.5B

Opportunity signals

  • Trend Signal is active with a 74-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.

Risk signals

  • Market Dynamics is negative, which weakens the current setup.

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 18.71 NOK -2.2% 16.79 NOK 11.06 NOK -0.29 8.68 15.2M On
5 Jun 2026 19.13 NOK 6.6% 16.65 NOK 10.99 NOK -0.11 11.06 15.5M On
29 May 2026 17.94 NOK -6.7% 16.47 NOK 10.92 NOK 0.01 4.94 11.1M On
22 May 2026 19.23 NOK -0.2% 16.31 NOK 10.85 NOK 0.28 10.57 21.8M On
15 May 2026 19.27 NOK 4.5% 16.07 NOK 10.77 NOK 0.27 12.82 10.3M On
8 May 2026 18.44 NOK -5.2% 15.83 NOK 10.70 NOK 0.24 11.14 19.5M On
1 May 2026 19.45 NOK 4.8% 15.66 NOK 10.63 NOK 0.44 15.01 14.2M On
24 Apr 2026 18.55 NOK 7.6% 15.48 NOK 10.55 NOK 0.65 11.76 15.4M On
17 Apr 2026 17.24 NOK -7.0% 15.36 NOK 10.48 NOK 1.00 5.71 18.9M On
10 Apr 2026 18.53 NOK -8.9% 15.25 NOK 10.42 NOK 1.41 9.86 31.0M On
3 Apr 2026 20.34 NOK -2.4% 15.07 NOK 10.36 NOK 1.53 20.48 17.8M On
27 Mar 2026 20.83 NOK 8.6% 14.84 NOK 10.28 NOK 1.53 28.56 32.9M On
20 Mar 2026 19.17 NOK 15.3% 14.62 NOK 10.19 NOK 1.34 19.86 45.0M On
13 Mar 2026 16.62 NOK 3.4% 14.46 NOK 10.12 NOK 1.03 5.47 43.3M On