OSL Equity Snapshot

SBNOR Weekly Equity Report

Sparebanken Norge

Interactive chart JSON snapshot
Latest Close 183.1 NOK 12 Jun 2026
1W Return -1.2% latest completed week
4W Return -2.8% short-term follow-through
12W Return -1.1% quarterly tape
Trend Breadth 59.6% 31 of 52 weeks active
Volume Ratio 0.9x vs 13-week average
Company Brief

What the company does

Sparebanken Norge, a financial services company, provides banking and financing services. The company is involved in investment banking; trading in securities for professional investors; leasing and selling mortgage loans; and real estate agency business. It serves retail and commercial markets, as well as the public sector in Southern, Western, and Eastern Norway. Sparebanken Norge was founded in 1823 and is headquartered in Bergen, Norway.

Snapshot

What the weekly tape is saying

SBNOR closed the latest completed week at 183.1 NOK. The 4-week return is -2.8% and the 12-week return is -1.1%. Trend Signal is active, Market Dynamics is -0.74. Setup signature: Balanced read with a 41/100 composite read.

Trend Signal Active
Market Dynamics No fresh buy
Price vs Trend -1.9%
Volume 0.9x
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 78 Persistence of active Trend Signal over the last year and current streak.
Momentum 42 Blend of 4-week and 12-week follow-through.
Dynamics 1 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 26 Relative leadership and short-term RS change.
Volume 37 Participation compared with the 13-week volume baseline.
Risk Control 59 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
186.6 NOK
Vs Trend Line
-1.9%
Fair Value
170.0 NOK
Vs Fair Value
7.7%
52W High
212.0 NOK
52W Low
141.0 NOK
Drawdown
-13.6%
Range Position
59.4%
Momentum

Returns and trend persistence

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

Return windows

1W -1.2%
4W -2.8%
12W -1.1%
26W 5.9%
52W 23.5%

Trend read

Active Streak
31 weeks
52W Active Weeks
31
52W Active Breadth
59.6%
Sector Scope
NO Financial Services
Sector Rank
35 of 46
Sector Percentile
24.4%
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
-0.74
4W MD Change
-443.5%
Relative Strength
-7.37
4W RS Change
-28.8%
Expectation
Positive
Probability
61.40%
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
781.8K
13W Average
880.6K
52W Average
755.7K
Vs 13W
0.9x
Vs 52W
1.0x
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
2.8%
52W Volatility
2.6%
Upside Weeks
27
Downside Weeks
24
Downside Breadth
46.2%
Avg Gain / Loss
2.4% / -1.8%
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
Financial Services
Industry
Banks - Regional
Currency
NOK
Market Cap
33.0B

Opportunity signals

  • Trend Signal is active with a 31-week active streak.
  • Price is above Fair Value, showing premium demand versus the model.

Risk signals

  • Price is below the Trend Line, which keeps downside pressure in focus.
  • 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 183.1 NOK -1.2% 186.6 NOK 170.0 NOK -0.74 -7.37 781.8K On
5 Jun 2026 185.4 NOK -2.6% 185.9 NOK 169.8 NOK -0.75 -6.61 752.1K On
29 May 2026 190.3 NOK -1.1% 185.2 NOK 169.5 NOK -0.61 -4.01 605.2K On
22 May 2026 192.4 NOK 2.1% 184.4 NOK 169.1 NOK -0.24 -4.96 541.7K On
15 May 2026 188.4 NOK -1.9% 183.5 NOK 168.7 NOK 0.21 -5.72 602.8K On
8 May 2026 192.0 NOK -4.6% 182.7 NOK 168.4 NOK 0.74 -1.58 2.2M On
1 May 2026 201.2 NOK -1.7% 182.0 NOK 167.9 NOK 1.06 0.87 438.0K On
24 Apr 2026 204.6 NOK -1.8% 180.7 NOK 167.3 NOK 1.07 4.06 846.3K On
17 Apr 2026 208.4 NOK 0.2% 179.4 NOK 166.6 NOK 0.75 7.64 726.5K On
10 Apr 2026 207.9 NOK 3.1% 177.9 NOK 165.8 NOK 0.35 - 561.2K On
3 Apr 2026 201.8 NOK 6.5% 176.3 NOK 164.9 NOK 0.12 - 577.0K On
27 Mar 2026 189.5 NOK 2.3% 174.8 NOK 164.2 NOK 0.02 - 1.1M On
20 Mar 2026 185.3 NOK -1.6% 173.8 NOK 163.6 NOK 0.37 - 1.8M On
13 Mar 2026 188.3 NOK 1.0% 172.9 NOK 163.2 NOK 0.72 - 470.2K On