- The trend backdrop is active with a 24-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.
- Volume is elevated versus the 13-week average, confirming attention.
NSKOG
OSL
Week ended 07 Aug 2026
Weekly Investor Report
Norske Skog ASA · Basic Materials · Paper & Paper Products
Latest close
43.30 NOK
7.4%
latest week
Weekly setup
Constructive, but selective
The weekly trend is active. Price is 19.3% above the Trend Line and sits at 81.4% of its 52-week range. The latest completed week returned 7.4%, after a 3.2% four-week move. The latest news-sentiment score is 50/100.
Setup score
62
out of 100
Latest Close
43.30 NOK
7 Aug 2026
1W Return
7.4%
latest completed week
4W Return
3.2%
short-term follow-through
12W Return
-0.7%
quarterly tape
Trend Breadth
50.0%
26 of 52 weeks active
Volume Ratio
2.0x
vs 13-week average
- Activity pressure is negative, which weakens the current setup.
- 10 reversal markers appear in the recent smart-money tape.
- 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
7.4%
Latest completed week; four-week move 3.2%.
Indicator stack
72/33
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.
News sentiment
50/100
3 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 active. Price is 19.3% above the Trend Line and sits at 81.4% of its 52-week range. The latest completed week returned 7.4%, after a 3.2% 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 2.0x 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 Feb
20 Feb
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
19 Jun
26 Jun
3 Jul
10 Jul
17 Jul
24 Jul
31 Jul
7 Aug
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 0.6112-week average 0.85
12-week confirmation
Trend active12/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure5/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership12/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.61Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers1010 reversal markers
No recent accumulation markers. 10 reversal markers.
03 · Momentum and leadership
Is performance persistent—and is the stock leading?
Performance is 3.2% over four weeks, -0.7% over 12 weeks, and 84.6% over one year. The current trend has remained active for 24 consecutive weeks.
Performance by holding period
Active trend streak24 weeks
Active weeks in one year26
Trend breadth50.0%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure-0.77Latest activity-pressure read.
Pressure change-37.7%Four-week change in activity pressure.
Leadership38.79Latest relative-leadership reading.
RS change-12.7%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 3 relevant articles.
1 positive · 2 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-13.3%Distance below the 52-week high.
13-week volatility7.0%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 Feb
13 Mar
10 Apr
8 May
5 Jun
3 Jul
7 Aug
Weeks higher15 of 2611 weeks finished lower.
Best week+41.5%Week of 27 Feb.
Worst week-17.3%Week of 17 Jul.
Latest week+7.4%Week of 7 Aug.
Shape of recent returns
Strong gains12
Modest gains3
Flat weeks0
Modest losses6
Sharp losses5
Recent vol7.0%13-week weekly-return volatility.
Base vol8.9%52-week weekly-return volatility.
Up/down split25/27Count of positive and negative weeks in the 52-week window.
Average skew7.9% / -4.3%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 Basic Materials
4-week rank7 / 14
Group average0.4%
Trend breadth28.6%
Trend28.6%active weekly trend signals
MD42.9%positive activity pressure
RS21.4%positive relative leadership
Four-week leaders
IndustryNO Paper & Paper Products
4-week rank1 / 1
Group average3.2%
Trend breadth100.0%
Trend100.0%active weekly trend signals
MD0.0%positive activity pressure
RS100.0%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 tape62/100
Trend, activity pressure, participation, and risk combine to a 62/100 tape read.
Indicator analysis64/100Latest 12-week confirmation: trend 12/12, activity pressure 5/12, relative leadership 12/12.
Activity pressure 0.61; 10 reversal markers 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 3 relevant articles.
Earnings call transcript: Norske Skog shares sink after mixed Q2 2026 results 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 |
|---|---|---|---|---|---|---|---|---|
| 7 Aug 2026 | 43.30 NOK | 7.4% | 36.30 NOK | 31.05 NOK | -0.77 | 38.79 | 1.8M | On |
| 31 Jul 2026 | 40.30 NOK | 11.2% | 35.52 NOK | 31.06 NOK | -0.85 | 30.81 | 1.0M | On |
| 24 Jul 2026 | 36.25 NOK | 4.5% | 34.75 NOK | 31.09 NOK | -0.84 | 19.17 | 1.1M | On |
| 17 Jul 2026 | 34.70 NOK | -17.3% | 34.10 NOK | 31.14 NOK | -0.73 | 17.46 | 3.3M | On |
| 10 Jul 2026 | 41.95 NOK | -2.2% | 33.52 NOK | 31.19 NOK | -0.56 | 44.46 | 727.3K | On |
| 3 Jul 2026 | 42.90 NOK | -0.5% | 32.70 NOK | 31.19 NOK | -0.33 | 48.42 | 183.8K | On |
| 26 Jun 2026 | 43.10 NOK | -8.5% | 31.86 NOK | 31.20 NOK | -0.07 | 54.22 | 220.7K | On |
| 19 Jun 2026 | 47.10 NOK | 4.7% | 30.98 NOK | 31.19 NOK | 0.30 | 66.17 | 140.2K | On |
| 12 Jun 2026 | 45.00 NOK | 4.0% | 29.90 NOK | 31.15 NOK | 0.56 | 57.65 | 594.9K | On |
| 5 Jun 2026 | 43.25 NOK | -2.4% | 28.89 NOK | 31.15 NOK | 0.76 | 52.97 | 165.9K | On |
| 29 May 2026 | 44.30 NOK | -0.4% | 27.93 NOK | 31.16 NOK | 0.99 | 58.77 | 732.5K | On |
| 22 May 2026 | 44.50 NOK | 2.1% | 26.98 NOK | 31.14 NOK | 1.14 | 57.81 | 1.0M | On |
| 15 May 2026 | 43.60 NOK | -4.3% | 26.05 NOK | 31.12 NOK | 1.21 | 58.28 | 833.7K | On |
| 8 May 2026 | 45.55 NOK | -2.3% | 25.13 NOK | 31.12 NOK | 1.36 | 71.01 | 1.2M | 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.