Setup snapshot
Sector LeaderWed, May 20, 3:45 PM EDTDeveloping conviction
SNOWSnowflake Inc.
This cluster is characterized by technology-driven companies focused on software, cloud services, and digital infrastructure, with a notable emphasis on application development, cybersecurity, and healthcare data solutions, reflecting a broad shift towards integrated digital platforms and services.
Conviction
51%
Developing conviction
Theme context
New cluster forming around $SNOW
Theme probability 40%
Score
50
3-7d
Early confirmation
12%
inactive
What's happening
This cluster is characterized by technology-driven companies focused on software, cloud services, and digital infrastructure, with a notable emphasis on application development, cybersecurity, and healthcare data solutions, reflecting a broad shift towards integrated digital platforms and services.
Why now
+0.98% in 60m (z=1.72)
What confirms
Confirmation improves if $BFH follow through with it.
What breaks
This read breaks if no broader confirmation shows up around SNOW.
Score breakdown
Why this setup scored the way it did.
Technology
Base
0
Raw disturbance in the name.
Within theme
1
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 $BFH for the next leg of confirmation.
Related names
Drivers
+0.98% in 60m (z=1.72)
Volume 2.83x expected (60m)
Mention spike: 1 articles in 6h (z=1.50)