Setup snapshot
Sector LaggardWed, May 20, 3:45 PM EDTLow conviction
AMGNAmgen Inc.
This cluster is bound together by its focus on developing and commercializing drugs for arthritis and related bone health conditions within the healthcare sector.
Conviction
40%
Low conviction
Theme context
New cluster forming around $AMGN
Theme probability 35%
Score
40
3-7d
Early confirmation
31%
watch
What's happening
This cluster is bound together by its focus on developing and commercializing drugs for arthritis and related bone health conditions within the healthcare sector.
Why now
-0.46% in 60m (z=-2.45)
What confirms
Confirmation improves if $LBRT, $ONC, $MTDR follow through with it.
What breaks
This read breaks if no broader confirmation shows up around AMGN.
Score breakdown
Why this setup scored the way it did.
Healthcare
Base
0
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.