Mar 6: 1 Strong Theme — Drones

March 6, 2017 · #Drones

1 strong theme — 1 recurred. Top: Drones +6.7%.

Strong themes1 Top change+6.7% LeaderSatoshi Holdings

Average change by strong theme

Average change of member stocks, by theme · descending
Drones
+6.7%

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
DronesSatoshi Holdings+7.59%

Drones returned as a strong theme on 2017-03-06, its first appearance after a gap of 90 days. Both of the theme’s 2 stocks closed higher, for an average change of 6.67%.

Satoshi Holdings led the group with a change of 7.59% and a close of 179293. Mcnex rose 5.74% to close at 15333, on volume of 143644.

A same-day Korean news report linked the move to plans to grow the domestic drone market. Other reports pointed to new drone investment and the broader Fourth Industrial Revolution story.

Today’s Strong Themes at a Glance

#ThemeStatusAvg. changeUp/TotalLeader
1Dronesrecurred after 90 days+6.7%2/2Satoshi Holdings

Theme by Theme

1. Drones (recurred after 90 days)

StockChangeCloseLeader
Satoshi Holdings 223310+7.6%179,293★
Mcnex 097520+5.7%15,333

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Closing Thoughts

The Drones streak stands at 1 day, and the current episode both started and ended on 2017-03-06. The next sessions will show whether the theme comes back soon or goes quiet for another long stretch.

Two things will show whether the move lasts: any follow-up news on drone-market support, and whether more stocks join the 2 that rose this session. Volume also matters, since Satoshi Holdings traded 44005 shares.