- Price is above Fair Value, showing premium demand versus the model.
ZENA
OSL
Week ended 04 Sep 2026
Weekly Investor Report
Zenith Energy Ltd. · Energy · Oil & Gas E&P
Latest close
0.625 NOK
-5.3%
latest week
Weekly setup
Mixed setup
The weekly trend is not active. Price is -8.6% below the Trend Line and sits at 31.3% of its 52-week range. The latest completed week returned -5.3%, after a 21.4% four-week move. The latest news-sentiment score is 50/100.
Setup score
41
out of 100
Latest Close
0.625 NOK
4 Sep 2026
1W Return
-5.3%
latest completed week
4W Return
21.4%
short-term follow-through
12W Return
-5.6%
quarterly tape
Trend Breadth
28.8%
15 of 52 weeks active
Volume Ratio
1.5x
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.
- Activity pressure is negative, which weakens the current setup.
- Next-week expectancy is negative at 40.63% based on similar historical setup states.
- 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
-5.3%
Latest completed week; four-week move 21.4%.
Indicator stack
16/55
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 40.63%
Historical one-week expectancy contributes to the evidence score when direction is confirmed.
News sentiment
50/100
0 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 -8.6% below the Trend Line and sits at 31.3% of its 52-week range. The latest completed week returned -5.3%, after a 21.4% 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 1.5x 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 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
14 Aug
21 Aug
28 Aug
4 Sep
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 0.0412-week average 0.21
12-week confirmation
Trend active1/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure0/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership0/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.04Current 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 21.4% over four weeks, -5.6% over 12 weeks, and 23.5% 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 year15
Trend breadth28.8%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure-0.11Latest activity-pressure read.
Pressure change89.5%Four-week change in activity pressure.
Leadership-5.82Latest relative-leadership reading.
RS change70.4%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 0 relevant articles.
0 positive · 0 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-53.3%Distance below the 52-week high.
13-week volatility8.0%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 Mar
10 Apr
8 May
5 Jun
3 Jul
31 Jul
4 Sep
Weeks higher11 of 2614 weeks finished lower.
Best week+37.0%Week of 20 Mar.
Worst week-12.8%Week of 1 May.
Latest week-5.3%Week of 4 Sep.
Shape of recent returns
Strong gains8
Modest gains3
Flat weeks1
Modest losses2
Sharp losses12
Recent vol8.0%13-week weekly-return volatility.
Base vol12.3%52-week weekly-return volatility.
Up/down split19/30Count of positive and negative weeks in the 52-week window.
Average skew13.0% / -6.4%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 Energy
4-week rank3 / 45
Group average5.9%
Trend breadth51.1%
Trend51.1%active weekly trend signals
MD55.6%positive activity pressure
RS48.9%positive relative leadership
Four-week leaders
IndustryNO Oil & Gas E&P
4-week rank1 / 13
Group average7.9%
Trend breadth38.5%
Trend38.5%active weekly trend signals
MD61.5%positive activity pressure
RS53.8%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 tape32/100
Trend, activity pressure, participation, and risk combine to a 32/100 tape read.
Indicator analysis11/100Latest 12-week confirmation: trend 1/12, activity pressure 0/12, relative leadership 0/12.
Activity pressure 0.04; No reversal markers Next-Week ExpectancyNegative 40.63%Next-week expectancy is negative with a 40.63% 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 0 relevant articles.
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 |
|---|---|---|---|---|---|---|---|---|
| 4 Sep 2026 | 0.625 NOK | -5.3% | 0.6836 NOK | 0.6151 NOK | -0.11 | -5.82 | 29.8M | Off |
| 28 Aug 2026 | 0.66 NOK | 8.6% | 0.6781 NOK | 0.6144 NOK | -0.39 | -0.46 | 74.9M | Off |
| 21 Aug 2026 | 0.608 NOK | 17.8% | 0.6715 NOK | 0.6137 NOK | -0.76 | -7.95 | 102.9M | Off |
| 14 Aug 2026 | 0.516 NOK | 0.2% | 0.6663 NOK | 0.6133 NOK | -1.06 | -21.54 | 11.3M | Off |
| 7 Aug 2026 | 0.515 NOK | 0.0% | 0.664 NOK | 0.6136 NOK | -1.07 | -19.69 | 14.5M | Off |
| 31 Jul 2026 | 0.515 NOK | -10.4% | 0.6624 NOK | 0.6139 NOK | -1.08 | -19.46 | 1.9M | Off |
| 24 Jul 2026 | 0.575 NOK | -0.2% | 0.6596 NOK | 0.6145 NOK | -1.01 | -9.93 | 2.7M | Off |
| 17 Jul 2026 | 0.576 NOK | 2.3% | 0.6553 NOK | 0.6146 NOK | -1.00 | -7.77 | 2.4M | Off |
| 10 Jul 2026 | 0.563 NOK | -9.8% | 0.6515 NOK | 0.6148 NOK | -0.95 | -8.75 | 4.0M | Off |
| 3 Jul 2026 | 0.624 NOK | 8.9% | 0.6508 NOK | 0.615 NOK | -0.87 | -5.40 | 2.0M | Off |
| 26 Jun 2026 | 0.573 NOK | -10.7% | 0.6472 NOK | 0.6145 NOK | -0.80 | -16.53 | 7.9M | Off |
| 19 Jun 2026 | 0.642 NOK | -3.0% | 0.6456 NOK | 0.6143 NOK | -0.62 | -13.47 | 4.2M | On |
| 12 Jun 2026 | 0.662 NOK | 1.8% | 0.6417 NOK | 0.6138 NOK | -0.40 | -16.35 | 7.7M | On |
| 5 Jun 2026 | 0.65 NOK | -8.1% | 0.6321 NOK | 0.6134 NOK | -0.21 | -21.66 | 2.5M | On |
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.