Setup snapshot
Independent BreakoutThu, Apr 2, 3:55 PM EDTDeveloping conviction
NKENike, Inc.
This cluster groups companies concentrated in Medical Devices, shared exposure to Consumer Cyclical, Internet Retail, Global-e, primarily within Consumer Cyclical, Healthcare.
Conviction
55%
Developing conviction
Theme context
New cluster forming around $NKE
Theme probability 46%
Score
38
1-3d
Early confirmation
11%
inactive
What's happening
This cluster groups companies concentrated in Medical Devices, shared exposure to Consumer Cyclical, Internet Retail, Global-e, primarily within Consumer Cyclical, Healthcare.
Why now
+0.78% in 60m (z=0.94)
What confirms
Confirmation improves if $STLD follow through with it.
What breaks
This read breaks if no broader confirmation shows up around NKE.
Score breakdown
Why this setup scored the way it did.
Consumer Cyclical
Base
0
Raw disturbance in the name.
Within theme
0
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 $STLD for the next leg of confirmation.
Related names
Drivers
+0.78% in 60m (z=0.94)
Volume 593406.00x expected (60m)
Mention spike: 0 articles in 6h (z=0.00)