Feb 14: 1 Strong Theme — Tires

February 14, 2017 · #Tires

1 strong theme — 1 recurred. Top: Tires +5.3%.

Strong themes1 Top change+5.3% LeaderHankook Tire & Technology

Average change by strong theme

Average change of member stocks, by theme · descending
Tires
+5.3%

Theme leaders · recent trend

The line is the trend; the end-point colour is the last trading day's direction. Stocks without enough price history show as -
ThemeLeaderChangeTrend
TiresHankook Tire & Technology+5.05%

Tires was the only strong theme on 2017-02-14, and it came back after a gap of 103 days. Both of its 2 stocks closed higher, giving Tires an average change of 5.3%.

Nexen Tire had the bigger gain, a change of 5.56%, closing at 14250 on volume of 389670. Hankook Tire & Technology, the theme’s leader, rose 5.05% to close at 60300.

A same-day Korean news report said Hankook Tire & Technology raised its prices to reflect a sharp jump in raw material costs. The report gives context for the session’s move in tire stocks.

Today’s Strong Themes at a Glance

#ThemeStatusAvg. changeUp/TotalLeader
1Tiresrecurred after 103 days+5.3%2/2Hankook Tire & Technology

Theme by Theme

1. Tires (recurred after 103 days)

StockChangeCloseLeader
Nexen Tire 002350+5.6%14,250
Hankook Tire & Technology 161390+5.0%60,300★

Related news

Closing Thoughts

One open question is whether Tires runs past its current 1-day streak. Further reports on raw material costs and pricing may show whether that driver lasts.

Breadth is another thing to follow: both of the theme’s 2 stocks rose this session. The leader traded 740072 shares, and later volume will show whether activity holds up.