{"ticker": {"uuid": "c3470b10-30c2-4192-9727-e4d060e3f41c", "symbol": "DFENS", "name": "Fjord Defence Group ASA", "exchange": "OSL", "asset_type": "equity"}, "latest_week": "2026-06-12", "summary": "DFENS closed the latest completed week at 18.25 NOK. The 4-week return is 17.0% and the 12-week return is 21.7%. Trend Signal is active, Market Dynamics is 0.98.", "description": "Fjord Defence Group ASA, a defence compounder, acquires and develops companies in the defence, security, and related segments. The company operates through the Defence and Seismic segments. It operates in Norway, Sweden, Denmark, Finland, Estonia, Latvia, Lituania, the United Kingdom, Germany, France, Poland, the rest of Europe, and the United States. The company was formerly known as Aquila Holdings ASA and changed its name to Fjord Defence Group ASA in June 2025. Fjord Defence Group ASA is based in Oslo, Norway.", "setup_signature": "Deep recovery attempt", "composite_score": "66", "kpis": [{"label": "Latest Close", "value": "18.25 NOK", "hint": "2026-06-12"}, {"label": "1W Return", "value": "-3.9%", "tone": "negative", "hint": "latest completed week"}, {"label": "4W Return", "value": "17.0%", "tone": "positive", "hint": "short-term follow-through"}, {"label": "12W Return", "value": "21.7%", "tone": "positive", "hint": "quarterly tape"}, {"label": "Trend Breadth", "value": "63.5%", "hint": "33 of 52 weeks active"}, {"label": "Volume Ratio", "value": "0.6x", "hint": "vs 13-week average"}], "classification": {"exchange": "OSL", "country": "NO", "sector": "Industrials", "industry": "Aerospace & Defense", "currency": "NOK", "market_cap": "1.3B"}, "price": {"trend_line": "14.83 NOK", "fair_value": "11.72 NOK", "vs_trend": "23.0%", "vs_fair_value": "55.7%", "high_52": "24.00 NOK", "low_52": "11.56 NOK", "drawdown": "-24.0%", "range_position": "53.8%"}, "momentum": {"returns": [{"label": "1W", "value": -3.9473684210526314, "value_label": "-3.9%", "tone": "negative", "width": 11.278195488721805}, {"label": "4W", "value": 16.98717948717949, "value_label": "17.0%", "tone": "positive", "width": 48.53479853479854}, {"label": "12W", "value": 21.682891052140292, "value_label": "21.7%", "tone": "positive", "width": 61.951117291829405}, {"label": "26W", "value": 42.57812499999999, "value_label": "42.6%", "tone": "positive", "width": 100}, {"label": "52W", "value": 48.37398373983739, "value_label": "48.4%", "tone": "positive", "width": 100}], "trend_streak": 16, "active_weeks": 33, "active_breadth": "63.5%", "peer": {"scope": "NO Industrials", "count": 66, "rank": 52, "percentile": 21.53846153846154, "avg_weekly_return": -1.3061878876008703}}, "setup": {"scores": [{"label": "Trend", "value": 79.90384615384616, "value_label": "80", "width": 79.90384615384616, "tone": "positive", "description": "Persistence of active Trend Signal over the last year and current streak."}, {"label": "Momentum", "value": 100, "value_label": "100", "width": 100, "tone": "positive", "description": "Blend of 4-week and 12-week follow-through."}, {"label": "Dynamics", "value": 88.55600671239355, "value_label": "89", "width": 88.55600671239355, "tone": "positive", "description": "Latest Market Dynamics and whether pressure has improved over four weeks."}, {"label": "Relative Strength", "value": 88.02983742860339, "value_label": "88", "width": 88.02983742860339, "tone": "positive", "description": "Relative leadership and short-term RS change."}, {"label": "Volume", "value": 24.25365165931588, "value_label": "24", "width": 24.25365165931588, "tone": "negative", "description": "Participation compared with the 13-week volume baseline."}, {"label": "Risk Control", "value": 17.51573754517945, "value_label": "18", "width": 17.51573754517945, "tone": "negative", "description": "Drawdown and recent weekly volatility pressure."}], "timeline": 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"trend": true, "buy_signal": false, "positive_md": true, "height": 35.714285714285694}, {"week": "10 Apr", "return": 1.3698630136986376, "return_label": "1.4%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": false, "height": 11.415525114155313}, {"week": "17 Apr", "return": -5.40540540540541, "return_label": "-5.4%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": false, "height": 45.04504504504508}, {"week": "24 Apr", "return": -1.4285714285714235, "return_label": "-1.4%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": false, "height": 11.904761904761862}, {"week": "1 May", "return": -0.7246376811594305, "return_label": "-0.7%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": false, "height": 6.0386473429952545}, {"week": "8 May", "return": 13.138686131386867, "return_label": "13.1%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": false, "height": 100}, {"week": "15 May", "return": 0.6451612903225784, "return_label": "0.6%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": false, "height": 5.376344086021486}, {"week": "22 May", "return": 3.5256410256410184, "return_label": "3.5%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": false, "height": 29.38034188034182}, {"week": "29 May", "return": 21.362229102167202, "return_label": "21.4%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": true, "height": 100}, {"week": "5 Jun", "return": -3.0612244897959253, "return_label": "-3.1%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": true, "height": 25.510204081632708}, {"week": "12 Jun", "return": -3.9473684210526314, "return_label": "-3.9%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": true, "height": 32.89473684210526}]}, "groups": {"sector": {"scope": "NO Industrials", "count": 66, "avg_weekly_return": -1.3061878876008703, 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"OSL", "url": "/terminal/062321fc-904b-4d55-a399-69a2a5bd1640/report/", "weekly_return": 8.719347914454744, "weekly_return_label": "8.7%", "weekly_return_tone": "positive", "four_week_return": 14.531427655792289, "four_week_return_label": "14.5%", "four_week_return_tone": "positive", "twelve_week_return": 24.10445710021285, "twelve_week_return_label": "24.1%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true}, {"id": 26015, "symbol": "GEOS", "name": "Golden Energy Offshore Services ASA", "exchange": "OSL", "url": "/terminal/9ee5098d-3b32-44ec-8b10-4db9c704f5c7/report/", "weekly_return": 0.0, "weekly_return_label": "0.0%", "weekly_return_tone": "neutral", "four_week_return": 13.043478260869579, "four_week_return_label": "13.0%", "four_week_return_tone": "positive", "twelve_week_return": 10.403397027600853, "twelve_week_return_label": "10.4%", "twelve_week_return_tone": "positive", "trend_active": false, "positive_md": true, "positive_rs": false}]}, "industry": {"scope": "NO Aerospace & Defense", "count": 3, "avg_weekly_return": -2.1206054544026633, "avg_four_week_return": 7.4337572618275924, "avg_twelve_week_return": 9.719142445702172, "trend_breadth": 33.33333333333333, "positive_md_breadth": 66.66666666666666, "positive_rs_breadth": 33.33333333333333, "week_rank": 2, "four_week_rank": 1, "twelve_week_rank": 2, "top_peers": [{"id": 25961, "symbol": "DFENS", "name": "Fjord Defence Group ASA", "exchange": "OSL", "url": "/terminal/c3470b10-30c2-4192-9727-e4d060e3f41c/report/", "weekly_return": -3.9473684210526314, "weekly_return_label": "-3.9%", "weekly_return_tone": "negative", "four_week_return": 16.98717948717949, "four_week_return_label": "17.0%", "four_week_return_tone": "positive", "twelve_week_return": 21.682891052140292, "twelve_week_return_label": "21.7%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true}, {"id": 26195, "symbol": "NTI", "name": "Norsk Titanium AS", "exchange": "OSL", "url": "/terminal/0d50efd3-c1dc-4e4d-8765-fb43b71326cc/report/", "weekly_return": 3.2906764168189953, "weekly_return_label": "3.3%", "weekly_return_tone": "positive", "four_week_return": 4.629629629629613, "four_week_return_label": "4.6%", "four_week_return_tone": "positive", "twelve_week_return": 32.941176470588225, "twelve_week_return_label": "32.9%", "twelve_week_return_tone": "positive", "trend_active": false, "positive_md": true, "positive_rs": false}, {"id": 26099, "symbol": "KOG", "name": "Kongsberg Gruppen ASA", "exchange": "OSL", "url": "/terminal/7bd2f17b-16fc-475f-96a1-745f8517ab02/report/", "weekly_return": -5.705124358974354, "weekly_return_label": "-5.7%", "weekly_return_tone": "negative", "four_week_return": 0.6844626686736754, "four_week_return_label": "0.7%", "four_week_return_tone": "positive", "twelve_week_return": -25.466640185622, "twelve_week_return_label": "-25.5%", "twelve_week_return_tone": "negative", "trend_active": 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"Price is above Fair Value, showing premium demand versus the model.", "Market Dynamics is positive on the latest completed week."], "risks": ["The share remains more than 20% below its 52-week high."], "watch_points": ["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."], "recent_rows": [{"week": "2026-06-12", "close": "18.25 NOK", "weekly_return": -3.9473684210526314, "weekly_return_label": "-3.9%", "weekly_return_tone": "negative", "trend_line": "14.83 NOK", "fair_value": "11.72 NOK", "market_dynamics": "0.98", "relative_strength": "7.49", "volume": "592.8K", "trend_signal": "On"}, {"week": "2026-06-05", "close": "19.00 NOK", "weekly_return": -3.0612244897959253, "weekly_return_label": "-3.1%", "weekly_return_tone": "negative", "trend_line": "14.63 NOK", "fair_value": "11.68 NOK", "market_dynamics": "0.66", "relative_strength": 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