Setup snapshot
Independent BreakoutFri, May 15, 3:45 PM EDTGood conviction
LGNLegence Corp.
This cluster groups companies concentrated in Specialty Business Services, shared exposure to Basic Materials, Materials, Engineered, primarily within Industrials, Basic Materials.
Conviction
75%
Good conviction
Theme context
New cluster forming around $LGN
Theme probability 34%
Score
51
1-3d
Early confirmation
23%
watch
What's happening
This cluster groups companies concentrated in Specialty Business Services, shared exposure to Basic Materials, Materials, Engineered, primarily within Industrials, Basic Materials.
Why now
-2.30% in 60m (z=-1.77)
What confirms
-2.30% in 60m (z=-1.77)
What breaks
This read breaks if no broader confirmation shows up around LGN.
Score breakdown
Why this setup scored the way it did.
Industrials
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 LGN versus the rest of New cluster forming around $LGN to see whether this becomes a broader setup.
Related names
No follow-through list yet
Drivers
-2.30% in 60m (z=-1.77)
Volume 3.18x expected (60m)
Mention spike: 0 articles in 6h (z=0.00)