Themes / Group
Building · established relationshipLatest completed snapshot · Jul 27 · 18:02 ET

MARKET-DISCOVERED GROUP

Semiconductor Technology

THE TRADER READShared activity without a clean directional read

Price direction is split across 11 measured members. Capital-flow agreement is 7%, so the basket is not yet clean.

Price breadth7 up · 2 downRelative median unavailable
Capital-flow alignment7%Price breadth is not yet confirmed by flow
Activity nowHotActivity score 61/100 · lift 1.3×
Evidence depth6 episodes13 observed active sessions
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

WED, MAY 20ALGM filing documented shared operating contextdemand / volume affecting revenue · date precision only

MON, AUG 3NPO 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 ALGM, CAT, HUBB, JCI, LFUS, MOD, NPO, VMI.

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
restructuring affecting expense

“Corporate expenses for the second quarter of 2026 of $15.7 million increased $3.6 million compared to the same period in 2025, primarily due to $1.3 million of higher restructuring costs and increased incentive compensation accruals of $2.4 million.”

NPO 10-Q · 2026-08-04
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
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.

CSWNot confirming

JCI · text peer

SPXCNot confirming

NPO · text peer

HWMNot confirming

NPO · text peer

SWKNot confirming

JCI · text peer

03 · WHO IS IN IT

Member participation

Unusual activity and daily price direction are shown separately
NPOJCIMODVMIALGMCSTMTTHUBBCATWCCLFUS

7/11 active7 rising · 4 falling

MemberUnusual activityToday's moveRead now
NPOEnpro Inc.
Most unusual · 100/100
-0.1%
Active; unclassifiedActive in 30.8% of observed group sessions
JCIJohnson Controls International
Elevated · 42/100
-0.0%
Active; unclassifiedActive in 7.7% of observed group sessions
MODModine Manufacturing Company
Elevated · 33/100
+3.8%
Flow confirmerActive in 23.1% of observed group sessions
VMIValmont Industries, Inc.
Elevated · 24/100
+1.0%
Flow divergenceActive in 30.8% of observed group sessions
ALGMAllegro MicroSystems, Inc.
Elevated · 22/100
-0.1%
Active; unclassifiedActive in 23.1% of observed group sessions
CSTMConstellium SE
Elevated · 20/100
+1.9%
Active; unclassifiedActive in 7.7% of observed group sessions
TTTrane Technologies plc
Participating · 17/100
+0.6%
Flow divergenceActive in 7.7% of observed group sessions
HUBBHubbell Incorporated
Quiet · 15/100
+0.1%
Watch / laggardActive in 7.7% of observed group sessions
CATCaterpillar, Inc.
Quiet · 13/100
+1.5%
Watch / laggardActive in 7.7% of observed group sessions
WCCWESCO International, Inc.
Quiet · 12/100
+3.3%
Watch / laggardActive in 0% of observed group sessions
LFUSLittelfuse, Inc.
Quiet · 7/100
-0.1%
Watch / laggardActive in 23.1% of observed group sessions
View exact member values
TICKERCompanyRole nowTodayObserved historyTrader interpretation
NPOEnpro Inc.Most unusual-0.1%30.8% of 13 sessionsMost unusual activity in this snapshot; performance direction may differ.
JCIJohnson Controls InternationalParticipating-0.0%7.7% of 13 sessionsPrice participation is not yet confirmed by per-name flow.
MODModine Manufacturing CompanyParticipating+3.8%23.1% of 13 sessionsPrice participation with accumulating signed flow.
VMIValmont Industries, Inc.Participating+1.0%30.8% of 13 sessionsPrice participation with distributing signed flow.
ALGMAllegro MicroSystems, Inc.Participating-0.1%23.1% of 13 sessionsPrice participation is not yet confirmed by per-name flow.
CSTMConstellium SEParticipating+1.9%7.7% of 13 sessionsPrice participation is not yet confirmed by per-name flow.
TTTrane Technologies plcParticipating+0.6%7.7% of 13 sessionsPrice participation with distributing signed flow.
HUBBHubbell IncorporatedQuiet / lagging+0.1%7.7% of 13 sessionsNot participating yet; a breadth test or a genuine divergence.
CATCaterpillar, Inc.Quiet / lagging+1.5%7.7% of 13 sessionsNot participating yet; a breadth test or a genuine divergence.
WCCWESCO International, Inc.Quiet / lagging+3.3%0% of 13 sessionsNot participating yet; a breadth test or a genuine divergence.
LFUSLittelfuse, Inc.Quiet / lagging-0.1%23.1% of 13 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.
moderate structural support

6 completed episodes across 13 active sessions provide moderate historical support. These episode counts describe recurrence; the outcome ledger above is the only forward-performance evidence.

Structural support29 daysHow often the cohort identity was observed
Completed episodes6Separate periods of broad group activity
Active sessions13Completed session observations, not trades
2026-07-231 active session100% composition consistency through the episode
2026-07-15 → 2026-07-172 active sessions25% composition consistency through the episode
2026-07-07 → 2026-07-092 active sessions11.1% composition consistency through the episode
2026-06-24 → 2026-07-026 active sessionsNo name was active through every recorded session
2026-06-171 active session100% composition consistency through the episode
2026-06-121 active session100% composition consistency through the episode
MEMBER CONSISTENCY IN OBSERVED ACTIVE SESSIONS
NPO30.8% · 3 episodes
VMI30.8% · 3 episodes
ALGM23.1% · 2 episodes
LFUS23.1% · 3 episodes
MOD23.1% · 2 episodes
CAT7.7% · 1 episode
CSTM7.7% · 1 episode
HUBB7.7% · 1 episode
JCI7.7% · 1 episode
TT7.7% · 1 episode
WCC0% · 0 episodes