Setup snapshot
Sector LaggardWed, May 20, 3:45 PM EDTDeveloping conviction
ZBHZimmer Biomet Holdings, Inc.
ZBH is registering as a sector laggard inside New cluster forming around $ZBH.
Conviction
48%
Developing conviction
Theme context
New cluster forming around $ZBH
Theme probability 34%
Score
50
3-7d
Early confirmation
34%
watch
What's happening
ZBH is registering as a sector laggard inside New cluster forming around $ZBH.
Why now
-1.79% in 60m (z=-2.81)
What confirms
Confirmation improves if $NFG, $NICE follow through with it.
What breaks
This read breaks if no broader confirmation shows up around ZBH.
Score breakdown
Why this setup scored the way it did.
Healthcare
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.