OSL Equity Snapshot

PEN Weekly Equity Report

Panoro Energy ASA

Latest Close 30.75 NOK 12 Jun 2026
1W Return -5.1% latest completed week
4W Return -12.5% short-term follow-through
12W Return -1.8% quarterly tape
Trend Breadth 32.7% 17 of 52 weeks active
Volume Ratio 0.6x vs 13-week average
Company Brief

What the company does

Panoro Energy ASA, an independent exploration and production company, engages in the exploration, development, and production of oil and gas properties in Africa. It holds assets in Equatorial Guinea, Gabon, Tunisia, and South Africa. The company was incorporated in 2009 and is based in Oslo, Norway.

Snapshot

What the weekly tape is saying

PEN closed the latest completed week at 30.75 NOK. The 4-week return is -12.5% and the 12-week return is -1.8%. Trend Signal is active, Market Dynamics is -0.19. Setup signature: Balanced read with a 45/100 composite read.

Trend Signal Active
Market Dynamics No fresh buy
Price vs Trend 17.2%
Volume 0.6x
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 63 Persistence of active Trend Signal over the last year and current streak.
Momentum 20 Blend of 4-week and 12-week follow-through.
Dynamics 37 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 84 Relative leadership and short-term RS change.
Volume 26 Participation compared with the 13-week volume baseline.
Risk Control 41 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
26.24 NOK
Vs Trend Line
17.2%
Fair Value
23.93 NOK
Vs Fair Value
28.5%
52W High
36.26 NOK
52W Low
18.19 NOK
Drawdown
-15.2%
Range Position
69.5%
Momentum

Returns and trend persistence

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

Return windows

1W -5.1%
4W -12.5%
12W -1.8%
26W 55.6%
52W 29.4%

Trend read

Active Streak
15 weeks
52W Active Weeks
17
52W Active Breadth
32.7%
Sector Scope
NO Energy
Sector Rank
38 of 45
Sector Percentile
15.9%
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
-0.19
4W MD Change
-119.0%
Relative Strength
12.94
4W RS Change
-55.0%
Expectation
Negative
Probability
44.71%
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
3.3M
13W Average
5.4M
52W Average
3.4M
Vs 13W
0.6x
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
6.5%
52W Volatility
5.2%
Upside Weeks
26
Downside Weeks
26
Downside Breadth
50.0%
Avg Gain / Loss
4.9% / -3.7%
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
4.2B

Opportunity signals

  • Trend Signal is active with a 15-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.
  • The latest week was a sharp negative move.
  • Latest weekly return ranks in the weaker part of its sector group.

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 30.75 NOK -5.1% 26.24 NOK 23.93 NOK -0.19 12.94 3.3M On
5 Jun 2026 32.40 NOK 4.3% 25.87 NOK 23.87 NOK 0.18 18.62 3.2M On
29 May 2026 31.08 NOK -3.8% 25.46 NOK 23.80 NOK 0.50 14.32 3.6M On
22 May 2026 32.31 NOK -8.0% 25.11 NOK 23.74 NOK 0.83 16.64 5.0M On
15 May 2026 35.13 NOK 5.8% 24.71 NOK 23.67 NOK 0.98 28.77 2.5M On
8 May 2026 33.20 NOK -4.3% 24.21 NOK 23.58 NOK 0.98 25.18 6.0M On
1 May 2026 34.68 NOK 7.2% 23.81 NOK 23.51 NOK 1.17 28.14 3.9M On
24 Apr 2026 32.36 NOK 11.0% 23.38 NOK 23.42 NOK 1.30 21.65 4.1M On
17 Apr 2026 29.15 NOK -8.1% 23.07 NOK 23.35 NOK 1.53 11.35 5.1M On
10 Apr 2026 31.72 NOK -4.2% 22.83 NOK 23.31 NOK 1.79 16.82 8.4M On
3 Apr 2026 33.10 NOK -0.1% 22.49 NOK 23.26 NOK 1.82 21.63 5.7M On
27 Mar 2026 33.15 NOK 5.9% 22.12 NOK 23.18 NOK 1.97 26.46 8.4M On
20 Mar 2026 31.30 NOK 9.2% 21.77 NOK 23.11 NOK 1.95 20.40 10.9M On
13 Mar 2026 28.65 NOK 4.6% 21.51 NOK 23.03 NOK 1.75 11.47 6.3M On