Setup snapshot
Sector LaggardWed, May 20, 3:45 PM EDTDeveloping conviction

ELFe.l.f. Beauty, Inc.

ELF is registering as a sector laggard inside New cluster forming around $ELF.

Open AssetOpen Theme
Conviction
55%
Developing conviction
Theme context
New cluster forming around $ELF
Theme probability 35%
Score
62
3-7d
Early confirmation
34%
watch
What's happening
ELF is registering as a sector laggard inside New cluster forming around $ELF.
Why now
-3.35% in 60m (z=-3.53)
What confirms
Confirmation improves if $BMI, $ASH, $MSM follow through with it.
What breaks
This read breaks if no broader confirmation shows up around ELF.
Score breakdown
Why this setup scored the way it did.
Consumer Defensive
Base
1
Raw disturbance in the name.
Within theme
1
How well it fits the surrounding group move.
Residual
0
What remains after stripping out broader beta.
Edges
0
Relationship and propagation support.
Watch next
Watch $BMI, $ASH, $MSM for the next leg of confirmation.
Related names
$BMI$ASH$MSM
Drivers
-3.35% in 60m (z=-3.53)
Volume 3.30x expected (60m)
Mention spike: 1 articles in 6h (z=2.04)