May 3: 2 Strong Themes — Telecom Equipment, iPhone X Supply Chain

May 3, 2018 · #Telecom Equipment #iPhone X Supply Chain

2 strong themes — 2 recurred. Top: Telecom Equipment +8.2%.

Strong themes2 Top change+8.2% LeaderFrtek

Average change by strong theme

Average change of member stocks, by theme · descending
Telecom Equipment
+8.2%
iPhone X Supply Chain
+4.6%

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
Telecom EquipmentFrtek+11.31%
iPhone X Supply ChainEco Volt+8.74%

Two themes stood out on 2018-05-03. Telecom Equipment returned after a gap of 475 days, with an average change of 8.22% and all 4 of its stocks closing higher.

Leader Frtek jumped 11.31% to close at 3100 on volume of 3877017 shares. Samji Electronics added 9.29%, while Solid and KMW rose 6.41% and 5.87%.

iPhone X Supply Chain came back after 167 days with an average change of 4.61%. Leader Eco Volt rose 8.74% on volume of 53364234, the heaviest in either theme.

Today’s Strong Themes at a Glance

#ThemeStatusAvg. changeUp/TotalLeader
1Telecom Equipmentrecurred after 475 days+8.2%4/4Frtek
2iPhone X Supply Chainrecurred after 167 days+4.6%4/4Eco Volt

Theme by Theme

1. Telecom Equipment (recurred after 475 days)

StockChangeCloseLeader
Frtek 073540+11.3%3,100★
Samji Electronics 037460+9.3%14,700
Solid 050890+6.4%4,767
KMW 032500+5.9%12,636

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2. iPhone X Supply Chain (recurred after 167 days)

StockChangeCloseLeader
Eco Volt 097780+8.7%17,238★
LG Innotek 011070+4.0%128,500
Derkwoo Electronics 263600+3.4%6,875
Interflex 051370+2.3%22,500

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Closing Thoughts

Both themes are one-day episodes so far, each with a streak of 1. The first thing to track is whether Telecom Equipment extends beyond this single session.

In the supply chain group, LG Innotek gained 4.05% and Interflex 2.27%, well behind the leader. Whether gains stay this broad across both groups is the next test.