Setup snapshot
Sector LeaderWed, May 20, 3:45 PM EDTDeveloping conviction
EOGEOG Resources, Inc.
This cluster is driven by energy companies engaged in oil and gas exploration, production, refining, and midstream transportation, exhibiting coordinated behavior around energy resource development and infrastructure.
Conviction
49%
Developing conviction
Theme context
New cluster forming around $EOG
Theme probability 44%
Score
42
3-7d
Early confirmation
10%
inactive
What's happening
This cluster is driven by energy companies engaged in oil and gas exploration, production, refining, and midstream transportation, exhibiting coordinated behavior around energy resource development and infrastructure.
Why now
+0.53% in 60m (z=1.42)
What confirms
Confirmation improves if $BEKE, $IRM follow through with it.
What breaks
This read breaks if no broader confirmation shows up around EOG.
Score breakdown
Why this setup scored the way it did.
Energy
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.