EVIDENCE CLOCK
1 timed eventWhat happened, in timestamp order
TIMING READA causal timing read is unavailable because no material member price onset could be timestamped.
- Retained observationGroup activity qualified live
75% breadth · Hot activity
MARKET-DISCOVERED GROUP
Oil & Gas Midstream
THE TRADER READShared activity without a clean directional read
Price direction is split across 12 measured members. Capital-flow agreement is 30%, so the basket is not yet clean.
Price breadth10 up · 0 downRelative median unavailable
Capital-flow alignment30%Price breadth is not yet confirmed by flow
Activity nowHotActivity score 68/100 · lift 1.3×
Evidence depth8 episodes36 observed active sessions
01 · WHAT IS HAPPENING
The move, the flow and who is driving it
Price sequence unavailableA timestamped price sequence is unavailable.
RELATIVE CO-MOVEMENT
Session-normalizedHow the members are behaving together
Observed intraday paths are not available for this group yet.
02 · WHY IT MATTERS
Why now and where the move could travel
WHY NOW
0 itemsVerified recent context
No verified recent catalyst is attached to this move. The relationship may be market-led rather than news-led.
WHY THIS GROUP EXISTS
Shared filing context
No high-confidence shared filing driver is available. The market relationship is observed, but the cause remains unexplained.
CONFIRMATION NETWORK
0 outsiders confirmingOutsiders and cross-asset links
No qualified cross-asset lead/lag link is available for this group.
Filing-linked outsiders test whether the move is spreading beyond the established cohort.
03 · WHO IS IN IT
Member participation
CMBTTRMDSTNGINSWCMREHAFNSBLKDACTNKDHTFROBWLP
10/12 active11 rising · 1 falling
MemberUnusual activityToday's moveRead now
CMBTCmb.Tech NV
Most unusual · 100/100
+2.4%
Flow confirmerActive in 25% of observed group sessions
TRMDTORM plc Class A Common Stock
Elevated · 85/100
+2.5%
Active; unclassifiedActive in 47.2% of observed group sessions
STNGScorpio Tankers Inc.
Elevated · 80/100
+0.2%
Flow confirmerActive in 58.3% of observed group sessions
INSWInternational Seaways, Inc.
Elevated · 76/100
+0.1%
Active; unclassifiedActive in 47.2% of observed group sessions
CMRECostamare Inc.
Elevated · 68/100
+2.8%
Active; unclassifiedActive in 38.9% of observed group sessions
HAFNHafnia Limited
Elevated · 67/100
+3.4%
Active; unclassifiedActive in 16.7% of observed group sessions
SBLKStar Bulk Carriers Corp.
Elevated · 65/100
+1.4%
Active; unclassifiedActive in 16.7% of observed group sessions
DACDanaos Corporation
Elevated · 55/100
+1.0%
Active; unclassifiedActive in 44.4% of observed group sessions
TNKTeekay Tankers Ltd.
Elevated · 52/100
+0.3%
Flow confirmerActive in 38.9% of observed group sessions
DHTDHT Holdings, Inc.
Elevated · 42/100
-0.1%
Flow confirmerActive in 19.4% of observed group sessions
FROFrontline plc
Quiet · 37/100
+0.2%
Watch / laggardActive in 16.7% of observed group sessions
BWLPBW LPG Limited
Quiet · 31/100
+5.2%
Watch / laggardActive in 22.2% of observed group sessions
View exact member values
| TICKER | Company | Role now | Today | Observed history | Trader interpretation |
|---|---|---|---|---|---|
| CMBT | Cmb.Tech NV | Most unusual | +2.4% | 25% of 36 sessions | Most unusual activity in this snapshot; performance direction may differ. |
| TRMD | TORM plc Class A Common Stock | Participating | +2.5% | 47.2% of 36 sessions | Price participation is not yet confirmed by per-name flow. |
| STNG | Scorpio Tankers Inc. | Participating | +0.2% | 58.3% of 36 sessions | Price participation with accumulating signed flow. |
| INSW | International Seaways, Inc. | Participating | +0.1% | 47.2% of 36 sessions | Price participation is not yet confirmed by per-name flow. |
| CMRE | Costamare Inc. | Participating | +2.8% | 38.9% of 36 sessions | Price participation is not yet confirmed by per-name flow. |
| HAFN | Hafnia Limited | Participating | +3.4% | 16.7% of 36 sessions | Price participation is not yet confirmed by per-name flow. |
| SBLK | Star Bulk Carriers Corp. | Participating | +1.4% | 16.7% of 36 sessions | Price participation is not yet confirmed by per-name flow. |
| DAC | Danaos Corporation | Participating | +1.0% | 44.4% of 36 sessions | Price participation is not yet confirmed by per-name flow. |
| TNK | Teekay Tankers Ltd. | Participating | +0.3% | 38.9% of 36 sessions | Price participation with accumulating signed flow. |
| DHT | DHT Holdings, Inc. | Participating | -0.1% | 19.4% of 36 sessions | Price participation with accumulating signed flow. |
| FRO | Frontline plc | Quiet / lagging | +0.2% | 16.7% of 36 sessions | Not participating yet; a breadth test or a genuine divergence. |
| BWLP | BW LPG Limited | Quiet / lagging | +5.2% | 22.2% of 36 sessions | Not participating yet; a breadth test or a genuine divergence. |
04 · HAS THIS HAPPENED BEFORE
Identity history versus measured outcomes
POINT-IN-TIME LIVE OUTCOMES
7/7 events completedObserved follow-through
30 minutes+0.09%67% continuation · n=3Median MFE +0.21% · MAE -0.52%
60 minutes+0.10%50% continuation · n=2Median MFE +0.91% · MAE -0.93%
Session close-0.05%33% continuation · n=3Median MFE +0.21% · MAE -0.52%
Next-session close+0.63%50% continuation · n=2Median MFE +0.91% · MAE -0.93%
moderate structural support
8 completed episodes across 36 active sessions provide moderate historical support. These episode counts describe recurrence; the outcome ledger above is the only forward-performance evidence.
Structural support101 daysHow often the cohort identity was observed
Completed episodes8Separate periods of broad group activity
Active sessions36Completed session observations, not trades
MEMBER CONSISTENCY IN OBSERVED ACTIVE SESSIONS