Setup snapshot
Sector LaggardWed, May 20, 3:45 PM EDTDeveloping conviction
XRAYDENTSPLY SIRONA Inc.
This cluster is characterized by diverse sectors exhibiting cautious, defensive trading behavior, likely driven by macroeconomic or geopolitical uncertainty affecting multiple industries simultaneously.
Conviction
56%
Developing conviction
Theme context
New cluster forming around $XRAY
Theme probability 28%
Score
53
3-7d
Early confirmation
17%
watch
What's happening
This cluster is characterized by diverse sectors exhibiting cautious, defensive trading behavior, likely driven by macroeconomic or geopolitical uncertainty affecting multiple industries simultaneously.
Why now
-1.51% in 60m (z=-2.80)
What confirms
Confirmation improves if $CELC follow through with it.
What breaks
This read breaks if no broader confirmation shows up around XRAY.
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
1
What remains after stripping out broader beta.
Edges
0
Relationship and propagation support.
Watch next
Watch $CELC for the next leg of confirmation.
Related names
Drivers
-1.51% in 60m (z=-2.80)
Volume 2.17x expected (60m)
Mention spike: 0 articles in 6h (z=0.00)