Weekly Theme Wrap (Aug 19 – Aug 23)

August 23, 2024 · #EV Fire Prevention (Thermal Runaway) #Pipe Fittings & Valves #Construction Majors #Battery (Solid-State) #Medical AI #Construction (Small & Mid Cap) #Property & Casualty Insurance #Cannabis #Korea-Russia Gas Pipeline #Mpox

5 trading days · top 10 themes — most persistent is EV Fire Prevention (Thermal Runaway) at 3 days (weekly avg. +6.9%). Best single day this week: Aug 19, +21.1%.

Trading days5d Most days strong3d weekly avg.+6.9% LeaderInics

Average change over the period

Average change of member stocks, by theme · descending
EV Fire Prevention (Thermal Runaway)
+6.9%
Pipe Fittings & Valves
+3.9%
Construction Majors
+2.0%
Battery (Solid-State)
+8.2%
Medical AI
+4.8%
Construction (Small & Mid Cap)
+4.6%
Property & Casualty Insurance
+3.4%
Cannabis
+2.2%
Korea-Russia Gas Pipeline
+2.1%
Mpox
+21.1%

The week of Aug 19 to Aug 23 saw EV Fire Prevention (Thermal Runaway) stay strong for 3 days, tied for the longest run. Its best day, Aug 20, brought a change of 10.35%.

Pipe Fittings & Valves and Construction Majors also stayed strong for 3 days, with average changes of 3.91% and 2.05%. HS Valve led the valve group.

The biggest single move was Mpox, with a change of 21.13% on Aug 19, led by Kespion. Battery (Solid-State) peaked at 13.0% on Aug 20, with an average change of 8.24%.

This Week’s Theme Ranking

ThemeDays strongWeekly avg.Best dayLast statusLeader
EV Fire Prevention (Thermal Runaway)3d+6.9%2024-08-20 (+10.3%)recurredInics, Cheil Electric, Chemtros
Pipe Fittings & Valves3d+3.9%2024-08-21 (+5.1%)recurredHS Valve
Construction Majors3d+2.0%2024-08-20 (+2.6%)recurredGS Engineering & Construction
Battery (Solid-State)2d+8.2%2024-08-20 (+13.0%)runningIsu Specialty Chemical, Hannong Chemicals
Medical AI2d+4.8%2024-08-20 (+6.5%)recurredLunit
Construction (Small & Mid Cap)2d+4.6%2024-08-20 (+4.8%)runningSambu Construction, EehwaConstruction
Property & Casualty Insurance2d+3.4%2024-08-20 (+3.4%)runningDB Insurance, Hanwha General Insurance
Cannabis2d+2.2%2024-08-23 (+3.3%)recurredWooree Bio, Hwail Pharm
Korea-Russia Gas Pipeline2d+2.1%2024-08-20 (+2.2%)recurredHS Valve
Mpox1d+21.1%2024-08-19 (+21.1%)runningKespion

What to Watch Next Week

Much of the week’s strength fell on Aug 20, the best day for most themes. Another point to follow is whether Medical AI, led by Lunit, extends its 2-day run.

Cannabis peaked late, on Aug 23, with a best change of 3.29%. Korea-Russia Gas Pipeline also has HS Valve as its leader, and it is another theme to track next week.

Theme heatmap

Themes × trading days · value is that day's theme average (%)
08-1908-2008-2108-2208-23
EV Fire Prevention (Thermal Runaway)+3.3+10.3+7.1
Pipe Fittings & Valves+3.7+5.1+2.9
Construction Majors+2.7+1.8+1.7
Battery (Solid-State)+3.5+13.0
Medical AI+6.5+3.0
Construction (Small & Mid Cap)+4.8+4.3
Property & Casualty Insurance+3.3+3.4
Cannabis+1.2+3.3
Korea-Russia Gas Pipeline+2.2+1.9
Mpox+21.1
Down UpBlank = not in that day's strong list