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Software - Application

Software - Application

Expanding
Theme thesis

$DDOG could transmit into commodities if the bridge keeps holding.

Use the confirmer and break level to decide if this setup is still worth your time.

StageBroadening
UpdatedLive
Breadth100%
Setup strength
29
Glance animation
Trade Read
Why it matters

$DDOG could transmit into commodities if the bridge keeps holding.

What changed

DDOG leadership persisted

What to watch

FTNT is the clearest next confirmer and should tell us whether the move can broaden.

What breaks it

Bridge activity may stay local and fail to become real cross-asset confirmation outside commodities.

Latest Headlines
No symbol-linked headlines found in the current lookback window.
Headlines
No related headlines found

No recent headlines matched the theme's leader or member tickers in the current lookback window.

Who Is Leading
Names
Breadth
100%
How broad the move is
Leaders
1
Confirmers
0
Lagging
0
Leaders
Datadog, Inc. (DDOG)
+4.5%

DDOG is currently driving the theme.

Confirmers
No live confirmer roster available.
Supporting Names
Fortinet, Inc. (FTNT)
+4.5%
FTNT is confirming the move early.
Sectors
What Is Confirming
Confirming Sectors
DDOG
88% participation
88%
Watchlist Sectors
FTNT — Participation 64%
Live Names
2 names
Live Names
Rank
Symbol
Role
Signal
Score
Recent
Note
1
Datadog, Inc. (DDOG)
Leader
Live
n/a
+4.5%
DDOG is currently driving the theme.
2
Fortinet, Inc. (FTNT)
Participant
Live
n/a
+4.5%
FTNT is confirming the move early.
Theme Stability
19 sessions
Stability
Theme stability

This view is meant to answer a simple question: is the theme holding together, broadening, narrowing, or still changing shape?

First seen2026-05-07
Last seen2026-05-15
Runs19
Days6
ReadStable
Label drift2 variants
2026-05-07
Broadening
2 names

Software - Application added 2 names and only removed 0

2026-05-08
Broadening
2 names

Software - Application added 2 names and only removed 0

2026-05-12
Broadening
2 names

Cloud Security & Monitoring added 2 names and only removed 0

2026-05-13
Broadening
2 names

Software - Application added 2 names and only removed 0

2026-05-14
Broadening
2 names

Software - Application added 2 names and only removed 0

2026-05-15
Held steady
2 names

Membership was unchanged from the prior session

Activation Evidence
Live
First wave leaders
0
Names that moved first.
Second wave confirmers
0
Follow-through names joining after the leader.
Net new members
0
New names added to the move.
Repeat rate
100%
How often the same names keep reappearing.
Confirmer speed
50%
How quickly confirmation showed up.
Path coherence
0%
How clean the activation path looks.
Sequence buildup
35%
Whether the move built in sequence.
Leader to confirmer
n/a
Median lead time from leader to confirmer.
Multi-Asset
Cross-Market Support
How to use this

Treat this as a secondary check. If outside markets are helping, it supports the setup. If they are hurting, lower conviction or wait. If they are neutral, ignore it.

DDOG → CPER
Neutral
cross_asset_lag1
16% link
30D
Supports it
Weak
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