Setup snapshot
Independent BreakoutWed, May 20, 3:45 PM EDTDeveloping conviction
OCOwens Corning Inc
This cluster is characterized by a mix of regional banks, real estate, and consumer cyclicals, indicating a shared focus on stability, credit, and real estate-related assets amid uncertain economic conditions.
Conviction
49%
Developing conviction
Theme context
New cluster forming around $OC
Theme probability 26%
Score
30
1-3d
Early confirmation
21%
watch
What's happening
This cluster is characterized by a mix of regional banks, real estate, and consumer cyclicals, indicating a shared focus on stability, credit, and real estate-related assets amid uncertain economic conditions.
Why now
+0.24% in 60m (z=-0.98)
What confirms
Confirmation improves if $TD follow through with it.
What breaks
This read breaks if no broader confirmation shows up around OC.
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 $TD for the next leg of confirmation.
Related names
Drivers
+0.24% in 60m (z=-0.98)
Volume 1.35x expected (60m)
Mention spike: 0 articles in 6h (z=-0.30)