Mar 23: 2 Strong Themes — Paint, Wireless Charging

March 23, 2015 · #Paint #Wireless Charging

2 strong themes — 2 recurred. Top: Paint +9.0%.

Strong themes2 Top change+9.0% LeaderChokwang Paint

Average change by strong theme

Average change of member stocks, by theme · descending
Paint
+9.0%
Wireless Charging
+7.7%

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
PaintChokwang Paint+14.71%
Wireless ChargingWelkeeps Hitech+14.88%

Two themes led the session on Mar 23, and Paint topped the list with an average change of 8.99%. All 5 stocks in the theme closed higher.

Chokwang Paint led with a 14.71% gain, and a Korean news report linked the move to hopes for better second-quarter results. Noroo Paint & Coatings rose 9.69%.

Wireless Charging posted an average change of 7.68%, with all 3 stocks up. Welkeeps Hitech jumped 14.88%, far ahead of CHEMTRONICSCo at 4.6% and Rftech at 3.56%.

Today’s Strong Themes at a Glance

#ThemeStatusAvg. changeUp/TotalLeader
1Paintrecurred after 89 days+9.0%5/5Chokwang Paint
2Wireless Chargingrecurred after 63 days+7.7%3/3Welkeeps Hitech

Theme by Theme

1. Paint (recurred after 89 days)

StockChangeCloseLeader
Chokwang Paint 004910+14.7%13,650★
Noroo Paint & Coatings 090350+9.7%9,510
SP Samhwa 000390+7.9%15,100
Noroo Holdings 000320+6.5%24,500
Kangnam Jevisco 000860+6.2%25,860

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2. Wireless Charging (recurred after 63 days)

StockChangeCloseLeader
Welkeeps Hitech 043590+14.9%24,294★
CHEMTRONICSCo 089010+4.6%10,907
Rftech 061040+3.6%31,991

Related news

Closing Thoughts

Both themes came back after a break, Paint after 89 days and Wireless Charging after 63 days. Each run is only 1 day old so far.

One open question is whether Wireless Charging gains spread beyond Welkeeps Hitech. A Korean news report tied the theme to expected growth in demand for wireless chargers.