Aug 17: 2 Strong Themes — Medical Devices, Digital Health & Telehealth

August 17, 2018 · #Medical Devices #Digital Health & Telehealth

2 strong themes — 2 recurred. Top: Medical Devices +11.7%.

Strong themes2 Top change+11.7% LeaderIntroMedic

Average change by strong theme

Average change of member stocks, by theme · descending
Medical Devices
+11.7%
Digital Health & Telehealth
+4.3%

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
Medical DevicesIntroMedic+18.07%-
Digital Health & TelehealthINFINITT Healthcare+4.17%

Two health-care themes led the Aug 17, 2018 session. Medical Devices was the strongest, with an average change of 11.72%, and both of its 2 stocks closed higher.

IntroMedic led the theme with a gain of 18.07%, while Classys added 5.37%. The theme came back after a gap of 28 days.

Digital Health & Telehealth came back after a gap of 815 days, with an average change of 4.34%. All 3 stocks rose, from GC MediAI at 4.51% to leader INFINITT Healthcare at 4.17%.

Today’s Strong Themes at a Glance

#ThemeStatusAvg. changeUp/TotalLeader
1Medical Devicesrecurred after 28 days+11.7%2/2IntroMedic
2Digital Health & Telehealthrecurred after 815 days+4.3%3/3INFINITT Healthcare

Theme by Theme

1. Medical Devices (recurred after 28 days)

StockChangeCloseLeader
IntroMedic 150840+18.1%9,415★
Classys 214150+5.4%5,490

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2. Digital Health & Telehealth (recurred after 815 days)

StockChangeCloseLeader
GC MediAI 032620+4.5%4,630
Carelabs 263700+4.3%15,239
INFINITT Healthcare 071200+4.2%7,594★

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Closing Thoughts

Both themes are on a 1-day streak, so the next session will show whether the moves continue. An Aug 16 headline linked Medical Devices stocks to expectations of looser device regulation.

For Digital Health & Telehealth, the Aug 17 headlines focused on heavy trading in INFINITT Healthcare. The next session will show whether that trading activity continues.