Themes / Group
Building · newly observed relationshipLatest completed snapshot · Aug 21 · 16:50 ET

MARKET-DISCOVERED GROUP

Industrial Machinery · CNH

THE TRADER READShared activity without a clean directional read

Price direction is split across 24 measured members. Capital-flow confirmation is unavailable.

Price breadth18 up · 5 downRelative median unavailable
Capital-flow alignmentUnavailablePrice breadth is not yet confirmed by flow
Activity nowBuilding_pressureActivity score 34/100
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, APR 29CNH filing documented shared operating contextdemand / volume affecting revenue · date precision only

WED, JUL 29AGCO 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 THIS GROUP EXISTS

Shared filing context

32/32 members covered

Moderate filing support: the strongest shared 10-Q/K outlook is operating setup (near-term outlook) across AGCO, ALH, AOS, ATMU, CNH, DCI, DE, ESAB, FAST, FTV, IEX, IR, ITW, KAI, MWA, OSK, OTIS, OTTR, PCAR, UFPI, XYL.

demand / volume affecting revenue

Financial Services Finance, Interest and Other Income Financial Services recorded revenues of $646 million in the three months ended March 31, 2026, down 0.8% compared to the three months ended March 31, 2025, as a result of lower volumes across all regions except Asia Pacific, reduced equipment sales due to fewer operating lease maturities, and lower yields in EMEA, partially offset by favorable currency translation and higher yields in South America and North America.

CNH 10-Q · 2026-04-30
restructuring affecting expense

2025 Compared to 2024 Consolidated Results of Operations Years Ended December 31, (in millions of dollars) 2025 2024 Revenues Net sales $ 15,346 $ 17,060 Finance, interest and other income 2,749 2,776 Total Revenues 18,095 19,836 Costs and Expenses Cost of goods sold 12,389 13,350 Selling, general and administrative expenses 1,876 1,712 Research and development expenses 1,025 924 Restructuring expenses 22 118 Interest expense 1,482 1,611 Other, net 681 664 Total Costs and Expenses 17,475 18,379 Consolidated income before income taxes 620 1,457 Income tax expense (184) (336) Equity in income of unconsolidated affiliates 69 138 Net income 505 1,259 Net income (loss) attributable to noncontrolling interests (5) 13 Net income attributable to CNH Industrial N.V. $ 510 $ 1,246 48 Revenues We recorded revenues of $18,095 million in 2025, a decline of 8.8% compared to 2024.

CNH 10-K · 2026-02-26
credit / rates affecting interest expense

Interest Expense Interest expense decreased to $1,482 million in 2025 from $1,611 million in 2024 primarily due to lower external borrowings.

CNH 10-K · 2026-02-26
CONFIRMATION NETWORK

Outsiders and cross-asset links

0 outsiders confirming
UFPIUVXYPositive historical lead/lag · strength 0.40
UFPIHYGInverse historical lead/lag · strength -0.35

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
KAIDCIMWANDSNATMUAYIAOSOSKXYLGGGDELECOPCARESABAWIALHTEXUFPICNHITWFTVFELEITRIIR

17/32 active18 rising · 6 falling

MemberUnusual activityToday's moveRead now
KAIKadant Inc
Elevated · 100/100
-0.5%
Active; unclassifiedHistorical role unavailable
DCIDonaldson Company, Inc.
Elevated · 94/100
+0.8%
Active; unclassifiedHistorical role unavailable
MWAMUELLER WATER PRODUCTS
Elevated · 90/100
-0.7%
Active; unclassifiedHistorical role unavailable
NDSNNordson Corporation
Elevated · 81/100
-0.7%
Active; unclassifiedHistorical role unavailable
ATMUAtmus Filtration Technologies Inc.
Elevated · 79/100
+0.9%
Active; unclassifiedHistorical role unavailable
AYIAcuity Inc.
Elevated · 74/100
+0.6%
Active; unclassifiedHistorical role unavailable
AOSA. O. Smith Corporation
Elevated · 71/100
+1.0%
Active; unclassifiedHistorical role unavailable
OSKOshkosh Corporation
Elevated · 59/100
+2.8%
Active; unclassifiedHistorical role unavailable
XYLXylem Inc.
Elevated · 59/100
-0.0%
Active; unclassifiedHistorical role unavailable
GGGGraco Inc.
Elevated · 56/100
-1.3%
Active; unclassifiedHistorical role unavailable
DEDeere & Company
Elevated · 56/100
+4.3%
Active; unclassifiedHistorical role unavailable
LECOLincoln Electric Holdings, Inc.
Elevated · 55/100
+1.7%
Active; unclassifiedHistorical role unavailable
PCARPACCAR Inc
Elevated · 52/100
+1.6%
Active; unclassifiedHistorical role unavailable
ESABESAB Corporation
Elevated · 52/100
+3.8%
Active; unclassifiedHistorical role unavailable
AWIArmstrong World Industries, Inc.
Elevated · 50/100
+0.5%
Active; unclassifiedHistorical role unavailable
ALHAlliance Laundry Holdings Inc.
Elevated · 42/100
+1.3%
Active; unclassifiedHistorical role unavailable
TEXTerex Corporation
Quiet · 41/100
+3.5%
Watch / laggardHistorical role unavailable
UFPIUFP Industries, Inc.
Elevated · 40/100
+0.8%
Active; unclassifiedHistorical role unavailable
CNHCNH Industrial N.V.
Most unusual · 38/100
+8.6%
Active; unclassifiedHistorical role unavailable
ITWIllinois Tool Works Inc.
Quiet · 37/100
-0.2%
Watch / laggardHistorical role unavailable
FTVFortive Corporation
Quiet · 34/100
+1.2%
Watch / laggardHistorical role unavailable
FELEFranklin Electric Co., Inc.
Elevated · 32/100
+0.1%
Active; unclassifiedHistorical role unavailable
ITRIItron, Inc.
Quiet · 31/100
+1.5%
Watch / laggardHistorical role unavailable
IRIngersoll Rand Inc.
Quiet · 27/100
+1.4%
Watch / laggardHistorical role unavailable
View exact member values
TICKERCompanyRole nowTodayObserved historyTrader interpretation
KAIKadant IncParticipating-0.5%Price participation is not yet confirmed by per-name flow.
DCIDonaldson Company, Inc.Participating+0.8%Price participation is not yet confirmed by per-name flow.
MWAMUELLER WATER PRODUCTSParticipating-0.7%Price participation is not yet confirmed by per-name flow.
NDSNNordson CorporationParticipating-0.7%Price participation is not yet confirmed by per-name flow.
ATMUAtmus Filtration Technologies Inc.Participating+0.9%Price participation is not yet confirmed by per-name flow.
AYIAcuity Inc.Participating+0.6%Price participation is not yet confirmed by per-name flow.
AOSA. O. Smith CorporationParticipating+1.0%Price participation is not yet confirmed by per-name flow.
OSKOshkosh CorporationParticipating+2.8%Price participation is not yet confirmed by per-name flow.
XYLXylem Inc.Participating-0.0%Price participation is not yet confirmed by per-name flow.
GGGGraco Inc.Participating-1.3%Price participation is not yet confirmed by per-name flow.
DEDeere & CompanyParticipating+4.3%Price participation is not yet confirmed by per-name flow.
LECOLincoln Electric Holdings, Inc.Participating+1.7%Price participation is not yet confirmed by per-name flow.
PCARPACCAR IncParticipating+1.6%Price participation is not yet confirmed by per-name flow.
ESABESAB CorporationParticipating+3.8%Price participation is not yet confirmed by per-name flow.
AWIArmstrong World Industries, Inc.Participating+0.5%Price participation is not yet confirmed by per-name flow.
ALHAlliance Laundry Holdings Inc.Participating+1.3%Price participation is not yet confirmed by per-name flow.
TEXTerex CorporationQuiet / lagging+3.5%Not participating yet; a breadth test or a genuine divergence.
UFPIUFP Industries, Inc.Participating+0.8%Price participation is not yet confirmed by per-name flow.
CNHCNH Industrial N.V.Most unusual+8.6%Most unusual activity in this snapshot; performance direction may differ.
ITWIllinois Tool Works Inc.Quiet / lagging-0.2%Not participating yet; a breadth test or a genuine divergence.
FTVFortive CorporationQuiet / lagging+1.2%Not participating yet; a breadth test or a genuine divergence.
FELEFranklin Electric Co., Inc.Participating+0.1%Price participation is not yet confirmed by per-name flow.
ITRIItron, Inc.Quiet / lagging+1.5%Not participating yet; a breadth test or a genuine divergence.
IRIngersoll Rand Inc.Quiet / lagging+1.4%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.