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

MARKET-DISCOVERED GROUP

Electronics Supply Chain

THE TRADER READShared activity without a clean directional read

11 of 11 measured members are falling. Capital-flow confirmation is unavailable.

Price breadth11 of 11 fallingRelative median unavailable
Capital-flow alignmentUnavailablePrice breadth is not yet confirmed by flow
Activity nowLow_pressureActivity score 23/100
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

THU, FEB 12AEIS filing documented shared operating contextdemand / volume affecting revenue · date precision only

TUE, MAY 19FLEX 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

11/11 members covered

Moderate filing support: the strongest shared 10-Q/K outlook is operating setup (near-term outlook) across AEIS, ARW, AVT, CGNX, ESI, FLEX, KN, SOLS.

demand / volume affecting revenue

Net sales in our RMS segment decreased $0.9 billion, or 8%, from fiscal year 2024, driven primarily by a decrease in net sales of 17% in our Industrial business which was driven by weaker demand in renewables, clean energy and industrial devices , a 3% decrease in our Automotive business, and a 3% decrease in our Health Solution business, primarily driven by softening demand in medical 43 Table of Contents equipment, partially offset by increased demand for medical devices.

FLEX 10-K · 2026-05-20
demand / volume

This was offset by a 6% increase in our Communications business due to stronger demand.

FLEX 10-K · 2026-05-20
credit / rates affecting interest expense

Interest expense Interest expense was $215 million during fiscal year 2026, compared to $218 million during fiscal year 2025, decreasing $3 million primarily due to lower costs from reduced factoring of accounts receivable during the year, partially offset by higher average debt balances during the year and higher interest rates on refinanced notes.

FLEX 10-K · 2026-05-20
CONFIRMATION NETWORK

Outsiders and cross-asset links

0 outsiders confirming
AEISHYGInverse historical lead/lag · strength -0.15
AEISUNGPositive 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
AVTKNFLEXPLXSAEISARWBELFBBELFAESISOLSCGNX

4/11 active0 rising · 11 falling

MemberUnusual activityToday's moveRead now
AVTAvnet, Inc.
Elevated · 100/100
-5.3%
Active; unclassifiedHistorical role unavailable
KNKnowles Corporation
Elevated · 48/100
-7.4%
Active; unclassifiedHistorical role unavailable
FLEXFlex Ltd.
Most unusual · 41/100
-7.6%
Active; unclassifiedHistorical role unavailable
PLXSPlexus Corp.
Elevated · 39/100
-7.4%
Active; unclassifiedHistorical role unavailable
AEISAdvanced Energy Industries, Inc.
Elevated · 39/100
-9.8%
Active; unclassifiedHistorical role unavailable
ARWArrow Electronics, Inc.
Elevated · 34/100
-3.2%
Active; unclassifiedHistorical role unavailable
BELFBBel Fuse Inc.
Elevated · 33/100
-6.7%
Active; unclassifiedHistorical role unavailable
BELFABel Fuse Inc.
Elevated · 27/100
-9.3%
Active; unclassifiedHistorical role unavailable
ESIElement Solutions Inc.
Elevated · 23/100
-4.9%
Active; unclassifiedHistorical role unavailable
SOLSSolstice Advanced Materials, Inc.
Quiet · 23/100
-4.0%
Watch / laggardHistorical role unavailable
CGNXCognex Corporation
Quiet · 17/100
-4.9%
Watch / laggardHistorical role unavailable
View exact member values
TICKERCompanyRole nowTodayObserved historyTrader interpretation
AVTAvnet, Inc.Participating-5.3%Price participation is not yet confirmed by per-name flow.
KNKnowles CorporationParticipating-7.4%Price participation is not yet confirmed by per-name flow.
FLEXFlex Ltd.Most unusual-7.6%Most unusual activity in this snapshot; performance direction may differ.
PLXSPlexus Corp.Participating-7.4%Price participation is not yet confirmed by per-name flow.
AEISAdvanced Energy Industries, Inc.Participating-9.8%Price participation is not yet confirmed by per-name flow.
ARWArrow Electronics, Inc.Participating-3.2%Price participation is not yet confirmed by per-name flow.
BELFBBel Fuse Inc.Participating-6.7%Price participation is not yet confirmed by per-name flow.
BELFABel Fuse Inc.Participating-9.3%Price participation is not yet confirmed by per-name flow.
ESIElement Solutions Inc.Participating-4.9%Price participation is not yet confirmed by per-name flow.
SOLSSolstice Advanced Materials, Inc.Quiet / lagging-4.0%Not participating yet; a breadth test or a genuine divergence.
CGNXCognex CorporationQuiet / lagging-4.9%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.