Apr 16: 2 Strong Themes — Autonomous Driving, Defense & War

April 16, 2024 · #Autonomous Driving #Defense & War

2 strong themes — 1 running · 1 recurred. Top: Autonomous Driving +5.7%.

Strong themes2 Top change+5.7% LeaderRanix

Average change by strong theme

Average change of member stocks, by theme · descending
Autonomous Driving
+5.7%
Defense & War
+5.5%

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
Autonomous DrivingRanix+29.87%
Defense & WarHancom Lifecare+29.88%

Two themes led the Apr 16 session, and every stock in both closed higher. Autonomous Driving posted an average change of 5.74%, with 10 of 10 stocks up.

Autonomous Driving came back after a gap of 8 days. Leader Ranix rose 29.87% to close at 5130, far ahead of Mobile Appliance at 6.02%.

Defense & War extended its streak to 2 days with an average change of 5.46%. Leader Hancom Lifecare jumped 29.88% after a report of a planned controlling-stake sale.

Today’s Strong Themes at a Glance

#ThemeStatusAvg. changeUp/TotalLeader
1Autonomous Drivingrecurred after 8 days+5.7%10/10Ranix
2Defense & War2 days running+5.5%10/10Hancom Lifecare

Theme by Theme

1. Autonomous Driving (recurred after 8 days)

StockChangeCloseLeader
Ranix 317120+29.9%5,130★
Mobile Appliance 087260+6.0%2,820
Korea Fuel-tech 123410+5.4%7,170
Sekonix 053450+5.0%7,750
LiComm 388790+4.7%1,935
Motrex 118990+1.9%12,890
Smart Radar System 424960+1.7%12,840
A-Tech Solution 071670+1.5%10,150
DY 013570+0.9%5,680
i3system 214430+0.4%42,150

2. Defense & War (2 days running)

StockChangeCloseLeader
Hancom Lifecare 372910+29.9%6,020★
Daesung Hi-Tech 129920+11.4%5,970
Victek 065450+5.0%5,250
Speco 013810+4.5%4,290
Firstec 010820+1.6%3,455
STX Engine 077970+0.8%13,030
Hanwha Aerospace 012450+0.5%211,000
Welcron 065950+0.4%2,795
i3system 214430+0.4%42,150
Ace Technologies 088800+0.2%2,025

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Closing Thoughts

Autonomous Driving’s run is only 1 day old, so the next session will show whether it continues. Beyond Ranix, the gains got smaller down the list, with i3system up just 0.36%.

For Defense & War, the next test is whether the 2-day streak goes on. Hanwha Aerospace rose just 0.48%, so the thing to track is how far the gains spread beyond the leaders.