Setup snapshot
Sector LaggardWed, May 20, 3:45 PM EDTDeveloping conviction
RELYRemitly Global, Inc.
This cluster is bound together by companies providing cross-border digital financial services and remittance solutions within the technology sector.
Conviction
55%
Developing conviction
Theme context
New cluster forming around $RELY
Theme probability 21%
Score
49
3-7d
Early confirmation
9%
inactive
What's happening
This cluster is bound together by companies providing cross-border digital financial services and remittance solutions within the technology sector.
Why now
-0.49% in 60m (z=-1.77)
What confirms
Confirmation improves if $IT, $FICO, $BLKB follow through with it.
What breaks
This read breaks if no broader confirmation shows up around RELY.
Score breakdown
Why this setup scored the way it did.
Technology
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.