Sep 23: 1 Strong Theme — Oil Refining

September 23, 2016 · #Oil Refining

1 strong theme — 1 recurred. Top: Oil Refining +2.7%.

Strong themes1 Top change+2.7% LeaderGS Holdings

Average change by strong theme

Average change of member stocks, by theme · descending

Oil Refining

+2.7%

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 -

Theme	Leader	Change	Trend
Oil Refining	GS Holdings	+2.53%

Oil Refining came back as a strong theme in the Sep 23 session, 18 days after its last appearance. All 3 stocks in the group closed higher, for an average change of 2.72%.

SK Innovation posted the largest gain of the group at 3.25%. It closed at 156448 on volume of 347947 shares.

GS Holdings, marked as the theme leader, rose 2.53% to close at 52700. S-Oil added 2.37% to 77800 and traded the most shares of the three at 454453.

Today’s Strong Themes at a Glance

#	Theme	Status	Avg. change	Up/Total	Leader
1	Oil Refining	recurred after 18 days	+2.7%	3/3	GS Holdings

Theme by Theme

1. Oil Refining (recurred after 18 days)

Episode: started 2016-09-23, day 1

Stock	Change	Close	Leader
SK Innovation `096770`	+3.2%	156,448
GS Holdings `078930`	+2.5%	52,700	★
S-Oil `010950`	+2.4%	77,800

Closing Thoughts

The theme’s current streak is 1 day, so the next sessions will show whether Oil Refining strength lasts beyond one day. The data includes no same-day news for the group.

One thing to track is whether all 3 stocks keep moving in the same direction, as they did on 2016-09-23. Another is whether trading volume holds up across the group.