Weekly Theme Wrap (Mar 4 – Mar 8)

March 8, 2024 · #CXL (Compute Express Link) #Semiconductor Equipment #Semiconductor Materials & Components #Battery (Solid-State) #Superconductors #Pharma #Biosimilars #Battery #Cancer Immunotherapy #Gene Therapy & Genomics

5 trading days · top 10 themes — most persistent is CXL (Compute Express Link) at 4 days (weekly avg. +4.3%). Best single day this week: Mar 7, +16.9%.

Trading days5d Most days strong4d weekly avg.+4.3% LeaderExicon

Average change over the period

Average change of member stocks, by theme · descending
CXL (Compute Express Link)
+4.3%
Semiconductor Equipment
+9.0%
Semiconductor Materials & Components
+8.5%
Battery (Solid-State)
+7.1%
Superconductors
+5.9%
Pharma
+5.7%
Biosimilars
+4.8%
Battery
+13.5%
Cancer Immunotherapy
+7.0%
Gene Therapy & Genomics
+6.6%

Chip themes led the week of Mar 4 to Mar 8. CXL (Compute Express Link) stayed strong for 4 days, the longest run of any theme, with an average change of 4.32%.

Battery posted the week’s highest average change at 13.49%, with a best day of 16.95% on Mar 7. Semiconductor Equipment came next with an average change of 8.99%.

Semiconductor Materials & Components had a best day of 11.87% on Mar 8. Lake Materials led that theme and also led Battery (Solid-State).

This Week’s Theme Ranking

ThemeDays strongWeekly avg.Best dayLast statusLeader
CXL (Compute Express Link)4d+4.3%2024-03-04 (+5.7%)runningExicon, Qualitas Semiconductor, Quality Reliability Technology
Semiconductor Equipment3d+9.0%2024-03-04 (+11.4%)runningGlobalStandardTechnology, N2tech, JNB
Semiconductor Materials & Components3d+8.5%2024-03-08 (+11.9%)runningDuksan Techopia, Lake Materials
Battery (Solid-State)3d+7.1%2024-03-07 (+8.6%)runningLake Materials, meerecompanyIncorporated, Hannong Chemicals
Superconductors3d+5.9%2024-03-06 (+7.7%)recurredSuNAM, Korea Cable T.V Chung-buk System
Pharma3d+5.7%2024-03-08 (+9.6%)runningDae Hwa Pharm, Aprogen Biologics, Yuyu Pharma
Biosimilars3d+4.8%2024-03-08 (+9.1%)runningBinex, Boryung, Aprogen
Battery2d+13.5%2024-03-07 (+16.9%)runningSamjin LND, Philenergy
Cancer Immunotherapy2d+7.0%2024-03-06 (+9.0%)runningY-Biologics
Gene Therapy & Genomics2d+6.6%2024-03-08 (+6.7%)recurredBioneercorporation, Olipass

What to Watch Next Week

Superconductors came back as a recurring theme, with an average change of 5.92% and a best day of 7.66% on Mar 6. Gene Therapy & Genomics also recurred, averaging 6.57%.

Next week will show whether runs in Pharma, Biosimilars and Cancer Immunotherapy continue. Pharma led that group with a best day of 9.6% on Mar 8.

Theme heatmap

Themes × trading days · value is that day's theme average (%)
03-0403-0503-0603-0703-08
CXL (Compute Express Link)+5.7+5.7+3.6+2.3
Semiconductor Equipment+11.4+8.3+7.2
Semiconductor Materials & Components+9.6+3.9+11.9
Battery (Solid-State)+5.1+8.6+7.6
Superconductors+2.9+7.7+7.2
Pharma+4.2+3.4+9.6
Biosimilars+2.9+2.4+9.1
Battery+17.0+10.0
Cancer Immunotherapy+9.0+5.0
Gene Therapy & Genomics+6.4+6.7
Down UpBlank = not in that day's strong list