Inactive · established relationshipLatest completed snapshot · Jul 14 · 18:03 ET

MARKET-DISCOVERED GROUP

Semiconductor Technology

THE TRADER READRecurring relationship, inactive in the latest snapshot

Price direction is split across 6 measured members. Capital-flow agreement is 17%, so the basket is not yet clean.

Price breadth1 up · 4 downRelative median unavailable

Capital-flow alignment17%Price breadth is not yet confirmed by flow

Activity nowCalmActivity score 29/100 · lift 0.8×

Evidence depth2 episodesLow sample—context, not a validated playbook

EVIDENCE CLOCK

What happened, in timestamp order

0 timed events

TIMING READA causal timing read is unavailable because no material member price onset could be timestamped.

No session event has enough timestamp precision to place on the clock.

2 earlier filing context receipts

MON, SEP 8FCEL filing documented shared operating contextcredit / rates affecting interest expense · date precision only

WED, AUG 5AAOI filing documented shared operating contextcredit / rates affecting interest expense · date precision only

01 · WHAT IS HAPPENING

The move, the flow and who is driving it

Price breadth, unusual activity and signed capital flow are separate observations

Price sequence unavailableA timestamped price sequence is unavailable.

RELATIVE CO-MOVEMENT

How the members are behaving together

Session-normalized

Observed intraday paths are not available for this group yet.

02 · WHY IT MATTERS

Why now and where the move could travel

Context and lead/lag links are evidence, not proof of causation or a forecast

WHY NOW

Verified recent context

0 items

No verified recent catalyst is attached to this move. The relationship may be market-led rather than news-led.

WHY THIS GROUP EXISTS

Shared filing context

20/23 members covered

Moderate filing support: the strongest shared 10-Q/K outlook is operating setup (near-term outlook) across AAOI, ALMU, CRDO, CRNC, DUOT, ENVX, FCEL, HNRG, INDI, NVTS, OUST, PCT, PLUG, QUIK, SLDP.

credit / rates affecting interest expense

“ended July 31, 2025, partially offset by decreases in Administrative and selling expenses and Research and development expenses compared to the comparable prior year period and a $5.2 million decrease in gross loss. Interest expense Interest expense for the nine months ended July 31, 2025 and 2024 was $7.7 million and $7.2 million, respectively.”
FCEL 10-Q · 2025-09-09

restructuring affecting expense

“Administrative and selling expenses were lower during the three months ended January 31, 2026 than during the three months ended January 31, 2025 primarily due to lower compensation expense as a result of the restructuring actions in November and June of fiscal year 2025.”
FCEL 10-Q · 2026-03-09

restructuring

“Our expected expenditures for the fiscal year have been reduced (from a range of $20.0 million to $25.0 million as of the beginning of fiscal year 2025) as a result of our June 2025 restructuring plan.”
FCEL 10-Q · 2025-09-09

CONFIRMATION NETWORK

Outsiders and cross-asset links

1 outsiders confirming

No qualified cross-asset lead/lag link is available for this group.

Filing-linked outsiders test whether the move is spreading beyond the established cohort.

GEVMoving with group

AMSC · text peer

MRVLNot confirming

ALAB · text peer

LWLGNot confirming

AAOI · text peer

MVSTNot confirming

ENVX · text peer

03 · WHO IS IN IT

Member participation

Unusual activity and daily price direction are shown separately

FCELPLUGSLDPDUOTRNWINDIOUSTALMUQUIKADEAALABADTNCRNCENVXCRDOAMSCHYLNAAOINVTSPCTPOETVLNHNRG

11/23 active1 rising · 5 falling

MemberUnusual activityToday's moveRead now

FCELFuelCell Energy, Inc.

Most unusual · 100/100

—

Active; unclassifiedActive in 0% of observed group sessions

PLUGPlug Power Inc.

Elevated · 86/100

+3.4%

Flow divergenceActive in 0% of observed group sessions

SLDPSolid Power, Inc.

Elevated · 59/100

—

Active; unclassifiedActive in 0% of observed group sessions

DUOTDuos Technologies Group, Inc.

Elevated · 55/100

—

Active; unclassifiedActive in 33.3% of observed group sessions

RNWReNew Energy Global plc

Elevated · 50/100

—

Active; unclassifiedActive in 0% of observed group sessions

INDIindie Semiconductor, Inc.

Elevated · 48/100

—

Active; unclassifiedActive in 0% of observed group sessions

OUSTOuster, Inc.

Elevated · 45/100

—

Active; unclassifiedActive in 0% of observed group sessions

ALMUAeluma, Inc.

Elevated · 42/100

—

Active; unclassifiedActive in 0% of observed group sessions

QUIKQuickLogic Corporation

Elevated · 38/100

—

Active; unclassifiedActive in 33.3% of observed group sessions

ADEAAdeia Inc.

Elevated · 38/100

-2.4%

Active; unclassifiedActive in 0% of observed group sessions

ALABAstera Labs, Inc.

Elevated · 34/100

-1.9%

Active; unclassifiedActive in 0% of observed group sessions

ADTNADTRAN Holdings, Inc.

Quiet · 34/100

—

Watch / laggardActive in 0% of observed group sessions

CRNCCerence Inc.

Quiet · 32/100

—

Watch / laggardActive in 0% of observed group sessions

ENVXEnovix Corporation

Quiet · 30/100

—

Watch / laggardActive in 0% of observed group sessions

CRDOCredo Technology Group Holding Ltd

Quiet · 29/100

-0.3%

Watch / laggardActive in 0% of observed group sessions

AMSCAmerican Superconductor Corpora

Quiet · 26/100

—

Watch / laggardActive in 0% of observed group sessions

HYLNHyliion Holdings Corp.

Quiet · 26/100

—

Watch / laggardActive in 0% of observed group sessions

AAOIApplied Optoelectronics, Inc.

Quiet · 24/100

-3.3%

Watch / laggardActive in 0% of observed group sessions

NVTSNavitas Semiconductor Corporation

Quiet · 23/100

-0.0%

Watch / laggardActive in 66.7% of observed group sessions

PCTPureCycle Technologies, Inc.

Quiet · 21/100

—

Watch / laggardActive in 0% of observed group sessions

POETPOET Technologies Inc.

Quiet · 15/100

—

Watch / laggardActive in 0% of observed group sessions

VLNValens Semiconductor Ltd.

Quiet · 13/100

—

Watch / laggardActive in 0% of observed group sessions

HNRGHallador Energy Company

Quiet · 13/100

—

Watch / laggardActive in 0% of observed group sessions

View exact member values

TICKER	Company	Role now	Today	Observed history	Trader interpretation
FCEL	FuelCell Energy, Inc.	Most unusual	—	0% of 3 sessions	Most unusual activity in this snapshot; performance direction may differ.
PLUG	Plug Power Inc.	Participating	+3.4%	0% of 3 sessions	Price participation with distributing signed flow.
SLDP	Solid Power, Inc.	Participating	—	0% of 3 sessions	Price participation is not yet confirmed by per-name flow.
DUOT	Duos Technologies Group, Inc.	Participating	—	33.3% of 3 sessions	Price participation is not yet confirmed by per-name flow.
RNW	ReNew Energy Global plc	Participating	—	0% of 3 sessions	Price participation is not yet confirmed by per-name flow.
INDI	indie Semiconductor, Inc.	Participating	—	0% of 3 sessions	Price participation is not yet confirmed by per-name flow.
OUST	Ouster, Inc.	Participating	—	0% of 3 sessions	Price participation is not yet confirmed by per-name flow.
ALMU	Aeluma, Inc.	Participating	—	0% of 3 sessions	Price participation is not yet confirmed by per-name flow.
QUIK	QuickLogic Corporation	Participating	—	33.3% of 3 sessions	Price participation is not yet confirmed by per-name flow.
ADEA	Adeia Inc.	Participating	-2.4%	0% of 3 sessions	Price participation is not yet confirmed by per-name flow.
ALAB	Astera Labs, Inc.	Participating	-1.9%	0% of 3 sessions	Price participation is not yet confirmed by per-name flow.
ADTN	ADTRAN Holdings, Inc.	Quiet / lagging	—	0% of 3 sessions	Not participating yet; a breadth test or a genuine divergence.
CRNC	Cerence Inc.	Quiet / lagging	—	0% of 3 sessions	Not participating yet; a breadth test or a genuine divergence.
ENVX	Enovix Corporation	Quiet / lagging	—	0% of 3 sessions	Not participating yet; a breadth test or a genuine divergence.
CRDO	Credo Technology Group Holding Ltd	Quiet / lagging	-0.3%	0% of 3 sessions	Not participating yet; a breadth test or a genuine divergence.
AMSC	American Superconductor Corpora	Quiet / lagging	—	0% of 3 sessions	Not participating yet; a breadth test or a genuine divergence.
HYLN	Hyliion Holdings Corp.	Quiet / lagging	—	0% of 3 sessions	Not participating yet; a breadth test or a genuine divergence.
AAOI	Applied Optoelectronics, Inc.	Quiet / lagging	-3.3%	0% of 3 sessions	Not participating yet; a breadth test or a genuine divergence.
NVTS	Navitas Semiconductor Corporation	Quiet / lagging	-0.0%	66.7% of 3 sessions	Not participating yet; a breadth test or a genuine divergence.
PCT	PureCycle Technologies, Inc.	Quiet / lagging	—	0% of 3 sessions	Not participating yet; a breadth test or a genuine divergence.
POET	POET Technologies Inc.	Quiet / lagging	—	0% of 3 sessions	Not participating yet; a breadth test or a genuine divergence.
VLN	Valens Semiconductor Ltd.	Quiet / lagging	—	0% of 3 sessions	Not participating yet; a breadth test or a genuine divergence.
HNRG	Hallador Energy Company	Quiet / lagging	—	0% of 3 sessions	Not participating yet; a breadth test or a genuine divergence.

04 · HAS THIS HAPPENED BEFORE

Identity history versus measured outcomes

Structural recurrence is not the same as a validated trading outcome

POINT-IN-TIME LIVE OUTCOMES

Live outcome ledger collecting

0/0 events completed

No completed point-in-time outcome is available yet. New live confirmations are now retained with their exact observation timestamp; statistics appear only after the corresponding candles complete.

Low structural sample

Only 2 completed episodes across 3 active sessions; treat history as context, not a validated playbook. These episode counts describe recurrence; the outcome ledger above is the only forward-performance evidence.

Structural support17 daysHow often the cohort identity was observed

Completed episodes2Separate periods of broad group activity

Active sessions3Completed session observations, not trades

2026-07-071 active session100% composition consistency through the episode

2026-06-25 → 2026-06-292 active sessionsNo name was active through every recorded session

MEMBER CONSISTENCY IN OBSERVED ACTIVE SESSIONS

NVTS66.7% · 2 episodes

DUOT33.3% · 1 episode

QUIK33.3% · 1 episode

AAOI0% · 0 episodes

ADEA0% · 0 episodes

ADTN0% · 0 episodes

ALAB0% · 0 episodes

ALMU0% · 0 episodes

AMSC0% · 0 episodes

CRDO0% · 0 episodes

CRNC0% · 0 episodes

ENVX0% · 0 episodes

FCEL0% · 0 episodes

HNRG0% · 0 episodes

HYLN0% · 0 episodes

INDI0% · 0 episodes

OUST0% · 0 episodes

PCT0% · 0 episodes

PLUG0% · 0 episodes

POET0% · 0 episodes

RNW0% · 0 episodes

SLDP0% · 0 episodes

VLN0% · 0 episodes