Themes / Group
Active · newly observed relationshipLatest completed snapshot · Sep 10 · 11:10 ET

MARKET-DISCOVERED GROUP

Optical & Photonic Components

THE TRADER READShared activity without a clean directional read

Price direction is split across 15 measured members. Capital-flow confirmation is unavailable.

Price breadth6 up · 9 downRelative median unavailable
Capital-flow alignmentUnavailablePrice breadth is not yet confirmed by flow
Activity nowBuilding_pressureActivity score 35/100
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, MAR 16AXTI filing documented shared operating contextdemand / volume affecting revenue · date precision only

WED, AUG 5AAOI filing documented shared operating contextdemand / volume affecting revenue · 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

14/15 members covered

Moderate filing support: the strongest shared 10-Q/K outlook is operating setup (near-term outlook) across AAOI, ATI, AXTI, COHR, DIOD, FN, LITE, MTSI, SITM, SMTC, TPC, TTMI.

demand / volume affecting revenue

“Revenue from customers in Japan decreased in 2025 by 1.5% as a result of lower demand for our GaAs and InP wafer substrates used in wireless applications, partially offset by increased demand for pBN crucibles sold by one of our consolidated subsidiaries.”

AXTI 10-K · 2026-03-17
demand / volume

“Re venue in Asia P acific decreased $0.8 million, p rimarily due to the impact of China export restrictions on our GaAs and InP wafer substrates and refined gallium sold by one of our consolidated subsidiaries, partially offset by higher demand for pBN crucibles sold by one of our consolidated subsidiaries.”

AXTI 10-Q · 2025-11-13
credit / rates affecting interest expense

“31 Increase Increase 2025 2024 2023 (Decrease) % Change (Decrease) % Change ($ in thousands) Interest expense, net $ 1,257 $ 1,340 $ 1,527 $ (83 ) (6.2 )% $ (187 ) (12.2 )% % of total revenue 1.4 % 1.3 % 2.0 % Interest expense, net decreased in 2025 as compared to the same period in 2024, primarily due to increased investment balances, primarily from loan proceeds temporarily held in interest bearing accounts.”

AXTI 10-K · 2026-03-17
CONFIRMATION NETWORK

Outsiders and cross-asset links

0 outsiders confirming
TTMI → UNGPositive historical lead/lag · strength 0.19

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
MTSISITMTPCCOHRAAOIVIAVLITETTMICIENFNSMTCAXTITSEMDIODATI

14/15 active6 rising · 9 falling

MemberUnusual activityToday's moveRead now
MTSIMACOM Technology Solutions Holdings, Inc.
Elevated · 100/100
+4.1%
Active; unclassifiedHistorical role unavailable
SITMSiTime Corporation
Elevated · 36/100
-1.6%
Active; unclassifiedHistorical role unavailable
TPCTutor Perini Corporation
Elevated · 35/100
-1.8%
Active; unclassifiedHistorical role unavailable
COHRCoherent Corp.
Elevated · 35/100
+0.5%
Active; unclassifiedHistorical role unavailable
AAOIApplied Optoelectronics, Inc.
Elevated · 28/100
-3.2%
Active; unclassifiedHistorical role unavailable
VIAVViavi Solutions Inc.
Elevated · 26/100
+1.2%
Active; unclassifiedHistorical role unavailable
LITELumentum Holdings Inc.
Elevated · 21/100
+1.0%
Active; unclassifiedHistorical role unavailable
TTMITTM Technologies, Inc.
Elevated · 21/100
-4.0%
Active; unclassifiedHistorical role unavailable
CIENCiena Corporation
Elevated · 21/100
-0.9%
Active; unclassifiedHistorical role unavailable
FNFabrinet
Elevated · 19/100
+0.5%
Active; unclassifiedHistorical role unavailable
SMTCSemtech Corporation
Elevated · 18/100
+0.8%
Active; unclassifiedHistorical role unavailable
AXTIAXT, Inc.
Most unusual · 17/100
-0.9%
Active; unclassifiedHistorical role unavailable
TSEMTower Semiconductor Ltd.
Participating · 13/100
-1.4%
Active; unclassifiedHistorical role unavailable
DIODDiodes Incorporated
Participating · 11/100
-0.8%
Active; unclassifiedHistorical role unavailable
ATIATI Inc.
Participating · 11/100
-0.3%
Active; unclassifiedHistorical role unavailable
View exact member values
TICKERCompanyRole nowTodayObserved historyTrader interpretation
MTSIMACOM Technology Solutions Holdings, Inc.Participating+4.1%—Price participation is not yet confirmed by per-name flow.
SITMSiTime CorporationParticipating-1.6%—Price participation is not yet confirmed by per-name flow.
TPCTutor Perini CorporationParticipating-1.8%—Price participation is not yet confirmed by per-name flow.
COHRCoherent Corp.Participating+0.5%—Price participation is not yet confirmed by per-name flow.
AAOIApplied Optoelectronics, Inc.Participating-3.2%—Price participation is not yet confirmed by per-name flow.
VIAVViavi Solutions Inc.Participating+1.2%—Price participation is not yet confirmed by per-name flow.
LITELumentum Holdings Inc.Participating+1.0%—Price participation is not yet confirmed by per-name flow.
TTMITTM Technologies, Inc.Participating-4.0%—Price participation is not yet confirmed by per-name flow.
CIENCiena CorporationParticipating-0.9%—Price participation is not yet confirmed by per-name flow.
FNFabrinetParticipating+0.5%—Price participation is not yet confirmed by per-name flow.
SMTCSemtech CorporationParticipating+0.8%—Price participation is not yet confirmed by per-name flow.
AXTIAXT, Inc.Most unusual-0.9%—Most unusual activity in this snapshot; performance direction may differ.
TSEMTower Semiconductor Ltd.Participating-1.4%—Price participation is not yet confirmed by per-name flow.
DIODDiodes IncorporatedParticipating-0.8%—Price participation is not yet confirmed by per-name flow.
ATIATI Inc.Participating-0.3%—Price participation is not yet confirmed by per-name flow.

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.