May 16: 3 Strong Themes — Solar, Wind

May 16, 2017 · #Solar #Wind #Securities Brokers

3 strong themes — 3 recurred. Top: Solar +10.4%.

Strong themes3 Top change+10.4% LeaderS-Energy

Average change by strong theme

Average change of member stocks, by theme · descending
Solar
+10.4%
Wind
+8.2%
Securities Brokers
+4.1%

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
SolarS-Energy+15.86%
WindUnison+16.30%
Securities BrokersKorea Investment Holdings+6.16%

Renewable energy led the 2017-05-16 session. Solar posted an average change of 10.41% and Wind an average change of 8.18%. Both themes returned after gaps of 518 and 795 days.

Unison rose 16.3% to lead Wind, while S-Energy gained 15.86% in Solar. A Korean news report linked Unison’s jump to solid earnings and expected policy benefits.

Securities Brokers had all 4 stocks up, for an average change of 4.07%. Korea Investment Holdings led with 6.16%, which a Korean news report tied to strong first-quarter results.

Today’s Strong Themes at a Glance

#ThemeStatusAvg. changeUp/TotalLeader
1Solarrecurred after 518 days+10.4%2/3S-Energy
2Windrecurred after 795 days+8.2%3/3Unison
3Securities Brokersrecurred after 5 days+4.1%4/4Korea Investment Holdings

Theme by Theme

1. Solar (recurred after 518 days)

StockChangeCloseLeader
S-Energy 095910+15.9%7,334★
Shinsung E&g 011930+5.0%20,100
OCI Holdings Company 010060--

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2. Wind (recurred after 795 days)

StockChangeCloseLeader
Unison 018000+16.3%1,812★
Dongkuk Structures & Construction 100130+4.7%7,390
Taewoong 044490+3.6%25,520

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3. Securities Brokers (recurred after 5 days)

StockChangeCloseLeader
Korea Investment Holdings 071050+6.2%56,900★
Mirae Asset Securities 006800+3.7%9,363
Hanwha Investment&securities 003530+3.4%2,930
KIWOOM Securities 039490+3.1%83,300

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Closing Thoughts

All three themes are on a streak of 1 day, so the next sessions will show whether the moves continue. In Solar, 2 of 3 stocks rose, and OCI Holdings Company had no price data.

In Wind, all 3 stocks advanced, though Taewoong trailed at 3.57%. The brokers came back after a gap of just 5 days, so whether they keep rising together is the other thing to track.