Setup snapshot
Independent BreakoutFri, May 15, 3:45 PM EDTGood conviction

STNStantec Inc

This cluster groups companies concentrated in Asset Management, shared exposure to Financial Services, Consumer Cyclical, Insurance, primarily within Financial Services, Consumer Cyclical.

Conviction
69%
Good conviction
Theme context
New cluster forming around $STN
Theme probability 26%
Score
45
1-3d
Early confirmation
47%
igniting
What's happening
This cluster groups companies concentrated in Asset Management, shared exposure to Financial Services, Consumer Cyclical, Insurance, primarily within Financial Services, Consumer Cyclical.
Why now
+0.62% in 60m (z=0.15)
What confirms
Confirmation improves if $HST, $PHG, $CVBF follow through with it.
What breaks
This read breaks if no broader confirmation shows up around STN.
Score breakdown
Why this setup scored the way it did.
Industrials
Base
0
Raw disturbance in the name.
Within theme
0
How well it fits the surrounding group move.
Residual
1
What remains after stripping out broader beta.
Edges
0
Relationship and propagation support.
Watch next
Watch $HST, $PHG, $CVBF, $SSB for the next leg of confirmation.
Related names
Drivers
+0.62% in 60m (z=0.15)
Volume 3.95x expected (60m)
Mention spike: 0 articles in 6h (z=0.00)