Themes / Group
Inactive · established relationshipLatest completed snapshot · 04:10 ET

MARKET-DISCOVERED GROUP

Electronic Components

THE TRADER READRecurring relationship, inactive in the latest snapshot

7 of 8 measured session-normalized paths align to the upside across 6.2 effective names. Capital-flow agreement is 32%, so the basket is not yet clean. No verified headline preceded the measured move.

Price breadth7 up · 1 down+1.7% session-normalized median path
Capital-flow alignment32%Price breadth is not yet confirmed by flow
Activity nowCalmActivity score 26/100 · lift 0.8×
Evidence depth2 support daysLow sample—context, not a validated playbook
EVIDENCE CLOCK

What happened, in timestamp order

4 timed events · 15:50–15:55 ET
TIMING READNo verified timestamped headline was found within 24 hours of the first measured price move in the available common-bar window. The move currently reads as market-led or unexplained.
  1. 5-minute inferenceKN registered the first material upside path

    +2.68% session path at the threshold · KN

  2. 5-minute inferenceFN registered a material upside path

    +1.95% session path at the threshold · FN

  3. 5-minute inferenceFLEX registered a material upside path

    +2.93% session path at the threshold · FLEX

  4. 5-minute inferenceACLS registered a material upside path

    +3.00% session path at the threshold · ACLS

2 earlier filing context receipts

WED, FEB 25ACLS filing documented shared operating contextcredit / rates affecting interest expense · date precision only

MON, AUG 3NPO filing documented shared operating contextcredit / rates affecting interest 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.
THEME CONSTRUCTION

Broad move or one-stock disguise?

Session-normalized 5m paths

Observed movement is broad across 6.2 effective names. KN represents 21.1% of absolute path energy; 7 of 8 members align with the up relative path.

ConstructionBroad21.1% from the largest path
Effective names6.2 / 8Movement diversity after concentration
Direction breadth7/8 alignedupside relative path · 1 counter-moving
Largest moverKN 21.1%41.9% from the top two paths
KN21.1%Aligned contributor · path +3.10% · basket +0.39pp
FN20.8%Aligned contributor · path +3.05% · basket +0.38pp
FLEX18.0%Aligned contributor · path +2.63% · basket +0.33pp
ACLS14.0%Aligned contributor · path +2.06% · basket +0.26pp
PLXS9.7%Aligned contributor · path +1.42% · basket +0.18pp
JBL9.3%Aligned contributor · path +1.37% · basket +0.17pp
AEIS4.4%Aligned contributor · path +0.65% · basket +0.08pp
NPO2.6%Counter-move · path -0.39% · basket -0.05pp
Top six names by movement share are shown. Movement share measures absolute 5-minute path energy; signed basket contribution is equal-weight. Neither is a portfolio weight or causal attribution.

01 · WHAT IS HAPPENING

The move, the flow and who is driving it

Price breadth, unusual activity and signed capital flow are separate observations
HOW THE PRICE MOVE SPREAD

Observed session sequence

5-minute bars · inferred
  1. KN moved higher firstFirst member to clear the material path threshold · path +2.68%
  2. FN registered a material higher path0m after the first price move · path +1.95%
  3. FLEX registered a material higher path0m after the first price move · path +2.93%
  4. ACLS registered a material higher path0m after the first price move · path +3.00%
  5. PLXS registered a material higher path0m after the first price move · path +2.91%
  6. JBL registered a material higher path0m after the first price move · path +2.31%

Sequence inferred from aligned 5-minute price paths; it is not a causal ordering.

RELATIVE CO-MOVEMENT

How the members are behaving together

Session-normalized
Aug 24 · 15:50 ETMove visible 09:30 ETAug 25 · 15:55 ET
Group median +1.74%Strongest relative path KNWeakest relative path NPO

Observed member paths normalized to the session. The dashed marker shows when the median move first cleared a material threshold; shading marks the latest 20% of the observed window.

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

8/8 members covered

Moderate filing support: the strongest shared 10-Q/K outlook is operating setup (near-term outlook) across AEIS, FLEX, FN, KN, NPO.

credit / rates affecting interest expense

“Interest expense, net in the second quarter of 2026 increased by $0.8 million from the second quarter of 2025 primarily driven by a higher average outstanding debt balance in 2026.”

NPO 10-Q · 2026-08-04
demand / volume affecting revenue

“Contribution from the increase in sales, and, to a lesser extent, favorable transactional foreign exchange ($2.6 million) driven mainly by losses in the prior year were partially offset by increased personnel costs to meet strong demand schedules ($2.6 million) as well as increased incentive compensation accruals driven by the strong year-over-year segment performance.”

NPO 10-Q · 2026-08-04
demand / volume

“In addition, in the past, we have experienced downturns in end-market demand due to uncertainty regarding the impact of tariffs or threatened tariffs and related trade tensions.”

NPO 10-K · 2026-02-19
CONFIRMATION NETWORK

Outsiders and cross-asset links

0 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.

SANMNot confirming

JBL · text peer

VECONot confirming

ACLS · text peer

BHENot confirming

JBL · text peer

PRLBNot confirming

JBL · text peer

03 · WHO IS IN IT

Member participation

Unusual activity and daily price direction are shown separately
NPOPLXSKNFLEXJBLACLSAEISFN

5/8 active7 rising · 1 falling

MemberUnusual activityToday's moveRead now
NPOEnpro Inc.
Most unusual · 100/100
-0.7%
Counter-move / dispersionActive in 0% of observed group sessions
PLXSPlexus Corp.
Elevated · 20/100
+1.4%
Aligned price + flowActive in 0% of observed group sessions
KNKnowles Corporation
Participating · 11/100
+3.3%
Aligned path contributorActive in 0% of observed group sessions
FLEXFlex Ltd.
Participating · 10/100
+2.5%
Aligned price + flowActive in 0% of observed group sessions
JBLJabil Inc.
Participating · 9/100
+1.2%
Aligned path contributorActive in 0% of observed group sessions
ACLSAxcelis Technologies, Inc.
Quiet · 9/100
+1.7%
Watch / laggardActive in 0% of observed group sessions
AEISAdvanced Energy Industries, Inc.
Quiet · 6/100
+0.3%
Watch / laggardActive in 0% of observed group sessions
FNFabrinet
Quiet · 5/100
+2.5%
Watch / laggardActive in 0% of observed group sessions
View exact member values
TICKERCompanyRole nowTodayObserved historyTrader interpretation
NPOEnpro Inc.Most unusual-0.7%0% of 0 sessionsMost unusual activity in this snapshot; performance direction may differ.
PLXSPlexus Corp.Participating+1.4%0% of 0 sessionsPrice participation with distributing signed flow.
KNKnowles CorporationParticipating+3.3%0% of 0 sessionsPrice participation is not yet confirmed by per-name flow.
FLEXFlex Ltd.Participating+2.5%0% of 0 sessionsPrice participation with distributing signed flow.
JBLJabil Inc.Participating+1.2%0% of 0 sessionsPrice participation is not yet confirmed by per-name flow.
ACLSAxcelis Technologies, Inc.Quiet / lagging+1.7%0% of 0 sessionsNot participating yet; a breadth test or a genuine divergence.
AEISAdvanced Energy Industries, Inc.Quiet / lagging+0.3%0% of 0 sessionsNot participating yet; a breadth test or a genuine divergence.
FNFabrinetQuiet / lagging+2.5%0% of 0 sessionsNot 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.

Only point-in-time live watcher observations and conservative same-day EOD observations are included. Later backfills and replay runs are excluded.
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 support2 daysHow often the cohort identity was observed
Completed episodes0Separate periods of broad group activity
Active sessions0Completed session observations, not trades
2026-08-248 names in the durable cohort
2026-08-213 names in the durable cohort
MEMBER CONSISTENCY IN OBSERVED ACTIVE SESSIONS
ACLS0% · 0 episodes
AEIS0% · 0 episodes
FLEX0% · 0 episodes
FN0% · 0 episodes
JBL0% · 0 episodes
KN0% · 0 episodes
NPO0% · 0 episodes
PLXS0% · 0 episodes