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

MARKET-DISCOVERED GROUP

Information Technology Services

THE TRADER READShared activity without a clean directional read

Price direction is split across 21 measured members. Capital-flow confirmation is unavailable.

Price breadth13 up · 7 downRelative median unavailable
Capital-flow alignmentUnavailablePrice breadth is not yet confirmed by flow
Activity nowLow_pressureActivity score 28/100
Evidence depth0 support daysLow sample—context, not a validated playbook
EVIDENCE CLOCK

What happened, in timestamp order

1 timed event
TIMING READA causal timing read is unavailable because no material member price onset could be timestamped.
2 earlier filing context receipts

WED, JAN 14ADBE filing documented shared operating contextcredit / rates affecting interest expense · date precision only

THU, MAY 21BAH 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.

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 THIS GROUP EXISTS

Shared filing context

19/21 members covered

Moderate filing support: the strongest shared 10-Q/K outlook is operating setup (near-term outlook) across ADBE, ADP, BAH, BLKB, BR, CPAY, DXC, EXPO, FIS, FISV, GPN, KD, MH, SSNC, TTD.

credit / rates affecting interest expense

“Interest Expense, net Interest expense, net increased 10% to $184 million, primarily due to an increase of $37 million in bond interest expense related to the $650 million Senior Notes due 2035 (issued in March of fiscal 2025), partially offset by a decrease in interest expense on the Company’s term loan due to lower rates year over year.”

BAH 10-K · 2026-05-22
restructuring affecting expense

“F-34 Table of Contents BOOZ ALLEN HAMILTON HOLDING CORPORATION NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Amounts in tables in millions, except share and per share data or unless otherwise noted) The Company recorded $ 61 million of severance and related charges in the fiscal year ended March 31, 2026 as a result of cost management initiatives and the restructuring of the Civil business in fiscal 2026, including the Company’s actions to reduce costs as a result of the slowed procurement and funding environment.”

BAH 10-K · 2026-05-22
credit / rates

“Pursuant to the Eleventh Amendment, the rate at which Term Loan A-2 and the Revolving Credit facility bears interest is based either on Term SOFR for the applicable interest period or a base rate (equal to the highest of (i) the administrative agent’s prime corporate rate, (ii) the overnight federal funds rate plus 0.50 % and (iii) three-month Term SOFR (subject to a floor of zero) plus 1.00 %, in each case plus an applicable margin, payable at the end of the applicable interest period and in any event at least quarterly.”

BAH 10-K · 2026-05-22
CONFIRMATION NETWORK

Outsiders and cross-asset links

0 outsiders confirming
ADP → UNGInverse historical lead/lag · strength -0.23
ADP → SLVPositive historical lead/lag · strength 0.15

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
DXCADBEEXPOADPITBAHEEFTBRBLKBCPAYFISVTRIBRSLFISOTEXTTDMHSSNCKDGPNPAY

10/21 active13 rising · 8 falling

MemberUnusual activityToday's moveRead now
DXCDXC Technology Company
Elevated · 100/100
+0.9%
Active; unclassifiedHistorical role unavailable
ADBEAdobe Inc.
Elevated · 75/100
-2.4%
Active; unclassifiedHistorical role unavailable
EXPOExponent, Inc.
Elevated · 64/100
-0.2%
Active; unclassifiedHistorical role unavailable
ADPAutomatic Data Processing, Inc.
Elevated · 49/100
+0.8%
Active; unclassifiedHistorical role unavailable
ITGartner, Inc.
Elevated · 48/100
+0.5%
Active; unclassifiedHistorical role unavailable
BAHBooz Allen Hamilton Holding Corporation
Most unusual · 46/100
+4.8%
Active; unclassifiedHistorical role unavailable
EEFTEuronet Worldwide, Inc.
Elevated · 45/100
+0.3%
Active; unclassifiedHistorical role unavailable
BRBroadridge Financial Solutions, Inc.
Elevated · 38/100
+0.1%
Active; unclassifiedHistorical role unavailable
BLKBBlackbaud, Inc.
Elevated · 38/100
+0.7%
Active; unclassifiedHistorical role unavailable
CPAYCorpay, Inc.
Elevated · 36/100
+0.7%
Active; unclassifiedHistorical role unavailable
FISVFiserv, Inc.
Elevated · 34/100
+0.6%
Active; unclassifiedHistorical role unavailable
TRIThomson Reuters Corporation
Elevated · 30/100
-1.2%
Active; unclassifiedHistorical role unavailable
BRSLBrightstar Lottery PLC
Elevated · 26/100
-4.1%
Active; unclassifiedHistorical role unavailable
FISFidelity National Information Services, Inc.
Quiet · 26/100
+1.1%
Watch / laggardHistorical role unavailable
OTEXOpen Text Corporation
Quiet · 25/100
-0.0%
Watch / laggardHistorical role unavailable
TTDThe Trade Desk, Inc.
Quiet · 24/100
+0.5%
Watch / laggardHistorical role unavailable
MHMcGraw Hill, Inc.
Quiet · 22/100
-1.5%
Watch / laggardHistorical role unavailable
SSNCSS&C Technologies Holdings, Inc.
Quiet · 20/100
-0.5%
Watch / laggardHistorical role unavailable
KDKyndryl Holdings, Inc.
Quiet · 20/100
-2.4%
Watch / laggardHistorical role unavailable
GPNGlobal Payments Inc.
Quiet · 19/100
+1.8%
Watch / laggardHistorical role unavailable
PAYPaymentus Holdings, Inc.
Quiet · 17/100
+3.0%
Watch / laggardHistorical role unavailable
View exact member values
TICKERCompanyRole nowTodayObserved historyTrader interpretation
DXCDXC Technology CompanyParticipating+0.9%—Price participation is not yet confirmed by per-name flow.
ADBEAdobe Inc.Participating-2.4%—Price participation is not yet confirmed by per-name flow.
EXPOExponent, Inc.Participating-0.2%—Price participation is not yet confirmed by per-name flow.
ADPAutomatic Data Processing, Inc.Participating+0.8%—Price participation is not yet confirmed by per-name flow.
ITGartner, Inc.Participating+0.5%—Price participation is not yet confirmed by per-name flow.
BAHBooz Allen Hamilton Holding CorporationMost unusual+4.8%—Most unusual activity in this snapshot; performance direction may differ.
EEFTEuronet Worldwide, Inc.Participating+0.3%—Price participation is not yet confirmed by per-name flow.
BRBroadridge Financial Solutions, Inc.Participating+0.1%—Price participation is not yet confirmed by per-name flow.
BLKBBlackbaud, Inc.Participating+0.7%—Price participation is not yet confirmed by per-name flow.
CPAYCorpay, Inc.Participating+0.7%—Price participation is not yet confirmed by per-name flow.
FISVFiserv, Inc.Participating+0.6%—Price participation is not yet confirmed by per-name flow.
TRIThomson Reuters CorporationParticipating-1.2%—Price participation is not yet confirmed by per-name flow.
BRSLBrightstar Lottery PLCParticipating-4.1%—Price participation is not yet confirmed by per-name flow.
FISFidelity National Information Services, Inc.Quiet / lagging+1.1%—Not participating yet; a breadth test or a genuine divergence.
OTEXOpen Text CorporationQuiet / lagging-0.0%—Not participating yet; a breadth test or a genuine divergence.
TTDThe Trade Desk, Inc.Quiet / lagging+0.5%—Not participating yet; a breadth test or a genuine divergence.
MHMcGraw Hill, Inc.Quiet / lagging-1.5%—Not participating yet; a breadth test or a genuine divergence.
SSNCSS&C Technologies Holdings, Inc.Quiet / lagging-0.5%—Not participating yet; a breadth test or a genuine divergence.
KDKyndryl Holdings, Inc.Quiet / lagging-2.4%—Not participating yet; a breadth test or a genuine divergence.
GPNGlobal Payments Inc.Quiet / lagging+1.8%—Not participating yet; a breadth test or a genuine divergence.
PAYPaymentus Holdings, Inc.Quiet / lagging+3.0%—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.