Sep 19: 2 Strong Themes — Shipbuilding, Steel Majors

September 19, 2017 · #Shipbuilding #Steel Majors

2 strong themes — 2 recurred. Top: Shipbuilding +5.3%.

Strong themes2 Top change+5.3% LeaderHD Hyundai Mipo

Average change by strong theme

Average change of member stocks, by theme · descending
Shipbuilding
+5.3%
Steel Majors
+4.0%

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
ShipbuildingHD Hyundai Mipo+7.37%-
Steel MajorsKG Dongbusteel+4.10%

On 2017-09-19, two heavy-industry themes stood out. Shipbuilding led with an average change of 5.33%, while Steel Majors followed at 3.97%.

Shipbuilding recurred after a 98-day gap, led by HD Hyundai Mipo at 7.37%. Samsung Heavy Industries rose 3.29%, and a same-day Korean news report cited an improving industry outlook.

Steel Majors recurred after 33 days, with KG Dongbusteel up 4.1% and POSCO Holdings up 3.85%. In each theme, 2 of 3 stocks rose.

Today’s Strong Themes at a Glance

#ThemeStatusAvg. changeUp/TotalLeader
1Shipbuildingrecurred after 98 days+5.3%2/3HD Hyundai Mipo
2Steel Majorsrecurred after 33 days+4.0%2/3KG Dongbusteel

Theme by Theme

1. Shipbuilding (recurred after 98 days)

StockChangeCloseLeader
HD Hyundai Mipo 010620+7.4%51,136★
Samsung Heavy Industries 010140+3.3%9,163
HD Korea Shipbuilding & Offshore Engineering 009540--

Related news

2. Steel Majors (recurred after 33 days)

StockChangeCloseLeader
KG Dongbusteel 016380+4.1%27,067★
POSCO Holdings 005490+3.9%324,000
Dongkuk Holdings 001230--

Closing Thoughts

Both themes have a streak of 1, and each episode started and ended on 2017-09-19. The next test is whether Shipbuilding lasts beyond a single day on the industry-outlook story.

For Steel Majors, the next sessions will show whether the 3.97% average was a one-off. The data lists no news for this theme.