Themes / Group
Building · newly observed relationshipLatest completed snapshot · 16:55 ET

MARKET-DISCOVERED GROUP

Consumer Discretionary Tilt

THE TRADER READShared activity without a clean directional read

Price direction is split across 8 measured members. Capital-flow confirmation is unavailable.

Price breadth2 up · 6 downRelative median unavailable
Capital-flow alignmentUnavailablePrice breadth is not yet confirmed by flow
Activity nowBuilding_pressureActivity score 31/100
Evidence depth0 support daysLow 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, MAY 18UA filing documented shared operating contextrestructuring affecting expense · date precision only

TUE, MAY 26CPRI filing documented shared operating contextrestructuring affecting expense · date precision only

Headline times and retained activity confirmations are point-in-time evidence. Price order is inferred from aligned 5-minute bars. Filing evidence has date precision only and is context, not an intraday catalyst claim.

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

6/8 members covered

Moderate filing support: the strongest shared 10-Q/K outlook is operating setup (near-term outlook) across CPRI, LEVI, XRAY.

restructuring affecting expense

This was due to higher other restructuring costs, primarily relating to the separation of the Curry Brand, and higher facility-related costs resulting from an impairment charge of $15.9 million relating to the previously disclosed decision to exit our distribution facility in Rialto, California.

UA 10-K · 2026-05-19
restructuring

Restructuring charges increased by $16.4 million during the six months ended September 30, 2025 compared to the six months ended September 30, 2024 primarily due to higher facility-related charges resulting from an impairment charge of $15.9 million relating to the previously disclosed decision to exit the Company's distribution facility in Rialto, California.

UA 10-Q · 2025-11-06
tariffs / trade costs affecting gross margin

This decrease in gross margin of approximately 240 basis points was primarily driven by unfavorable impacts of 190 basis points from supply chain, including 155 basis points from tariff impacts, 70 basis points from unfavorable pricing and 45 basis points from unfavorable channel and regional mix.

UA 10-K · 2026-05-19
CONFIRMATION NETWORK

Outsiders and cross-asset links

0 outsiders confirming
UAUVXYPositive historical lead/lag · strength 0.23
UASLVInverse historical lead/lag · strength -0.13

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

No high-confidence filing-linked outsiders are available for this group yet.

03 · WHO IS IN IT

Member participation

Unusual activity and daily price direction are shown separately
UAKTBUAARACEZGNLEVICPRIXRAY

4/8 active2 rising · 6 falling

MemberUnusual activityToday's moveRead now
UAUnder Armour, Inc.
Most unusual · 100/100
-4.8%
Active; unclassifiedHistorical role unavailable
KTBKontoor Brands, Inc.
Elevated · 93/100
+0.6%
Active; unclassifiedHistorical role unavailable
UAAUnder Armour, Inc.
Elevated · 81/100
-4.3%
Active; unclassifiedHistorical role unavailable
RACEFerrari N.V.
Elevated · 63/100
-1.0%
Active; unclassifiedHistorical role unavailable
ZGNErmenegildo Zegna N.V.
Elevated · 60/100
+0.9%
Active; unclassifiedHistorical role unavailable
LEVILevi Strauss & Co.
Elevated · 45/100
-2.5%
Active; unclassifiedHistorical role unavailable
CPRICapri Holdings Limited
Quiet · 42/100
-1.6%
Watch / laggardHistorical role unavailable
XRAYDENTSPLY SIRONA Inc.
Quiet · 38/100
-0.8%
Watch / laggardHistorical role unavailable
View exact member values
TICKERCompanyRole nowTodayObserved historyTrader interpretation
UAUnder Armour, Inc.Most unusual-4.8%Most unusual activity in this snapshot; performance direction may differ.
KTBKontoor Brands, Inc.Participating+0.6%Price participation is not yet confirmed by per-name flow.
UAAUnder Armour, Inc.Participating-4.3%Price participation is not yet confirmed by per-name flow.
RACEFerrari N.V.Participating-1.0%Price participation is not yet confirmed by per-name flow.
ZGNErmenegildo Zegna N.V.Participating+0.9%Price participation is not yet confirmed by per-name flow.
LEVILevi Strauss & Co.Participating-2.5%Price participation is not yet confirmed by per-name flow.
CPRICapri Holdings LimitedQuiet / lagging-1.6%Not participating yet; a breadth test or a genuine divergence.
XRAYDENTSPLY SIRONA Inc.Quiet / lagging-0.8%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.

No point-in-time live observations have completed yet.
Low structural sample

Only 0 completed episodes across 0 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 support0 daysHow often the cohort identity was observed
Completed episodes0Separate periods of broad group activity
Active sessions0Completed session observations, not trades

Historical cohort observations are not available yet.