Themes / Group
Inactive · newly observed relationshipLatest completed snapshot · 03:44 ET

MARKET-DISCOVERED GROUP

Electronic Components

THE TRADER READRecurring relationship, inactive in the latest snapshot

4 of 7 measured SPY-adjusted paths align to the upside across 3.6 effective names. MU is also moving with filing-linked members. Capital-flow agreement is 21%, so the basket is not yet clean. No verified headline preceded the measured move.

Price breadth6 up · 1 down+0.2% median path versus SPY
Capital-flow alignment21%Price breadth is not yet confirmed by flow
Activity nowCalmActivity score 33/100 · lift 0.8×
Evidence depth1 support daysLow sample—context, not a validated playbook
EVIDENCE CLOCK

What happened, in timestamp order

4 timed events · 10:00–15:55 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 inferenceSIMO registered the first material downside path

    -1.93% session path at the threshold · SIMO

  2. 5-minute inferenceKN registered a material upside path

    +1.16% session path at the threshold · KN

  3. 5-minute inferenceCOHR registered a material downside path

    -1.86% session path at the threshold · COHR

  4. 5-minute inferenceHIMX registered a material upside path

    +1.03% session path at the threshold · HIMX

2 earlier filing context receipts

THU, AUG 13COHR filing documented shared operating contextcredit / rates affecting interest expense · date precision only

MON, AUG 17FN 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?

SPY-adjusted 5m paths

Observed movement is balanced across 3.6 effective names. SIMO represents 40.5% of absolute path energy; 4 of 7 members align with the up relative path.

ConstructionBalanced40.5% from the largest path
Effective names3.6 / 7Movement diversity after concentration
Direction breadth4/7 alignedupside relative path · 3 counter-moving
Largest moverSIMO 40.5%71.6% from the top two paths
SIMO40.5%Dominant mover · path -2.58% · basket -0.37pp
KN31.1%Dominant mover · path +1.98% · basket +0.28pp
COHR9.9%Counter-move · path -0.63% · basket -0.09pp
PLXS8.1%Aligned contributor · path +0.52% · basket +0.07pp
HIMX5.5%Aligned contributor · path +0.35% · basket +0.05pp
FN2.9%Aligned contributor · path +0.18% · basket +0.03pp
TSEM2.1%Counter-move · path -0.13% · basket -0.02pp
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. SIMO moved lower firstFirst member to clear the material path threshold · path -1.93%
  2. KN registered a material higher path0m after the first price move · path +1.16%
  3. COHR registered a material lower path0m after the first price move · path -1.86%
  4. HIMX registered a material higher path0m after the first price move · path +1.03%
  5. TSEM registered a material lower path0m after the first price move · path -0.72%
  6. PLXS registered a material higher path230m after the first price move · path +0.52%

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

RELATIVE CO-MOVEMENT

How the members are behaving together

SPY-adjusted
Aug 25 · 10:00 ETMove visible 12:05 ETAug 25 · 15:55 ET
Group median +0.18%Strongest relative path KNWeakest relative path SIMO

Observed member paths adjusted against SPY. 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

4/7 members covered

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

credit / rates affecting interest expense

“The decrease of $48 million in comparison to fiscal 2024 was driven by driven by $45 million lower interest expense, $8 million higher interest income and $8 million higher income from insurance settlements partially offset by $19 million higher foreign exchange net losses.”

COHR 10-K · 2026-08-14
demand / volume

“The decrease in revenues during fiscal 2025 was primarily related to weak automotive and Silicon Carbide end market demand and macroeconomic conditions in the industrial segment, partially offset by $73 million higher shipments of laser systems in our display capital equipment market.”

COHR 10-K · 2026-08-14
demand / volume affecting revenue

“Revenues increased $1,124 million, or 43%, in the Datacenter & Communications segment, with increases in datacom driven primarily by ongoing strong AI datacenter demand and growth in our telecom revenue due to higher demand in the data center interconnect and the telecom transport business.”

COHR 10-K · 2026-08-14
CONFIRMATION NETWORK

Outsiders and cross-asset links

1 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.

MUMoving with group

COHR · text peer

PENGNot confirming

COHR · text peer

BSXNot confirming

COHR · text peer

SXINot confirming

COHR · text peer

03 · WHO IS IN IT

Member participation

Unusual activity and daily price direction are shown separately
TSEMKNCOHRFNPLXSSIMOHIMX

5/7 active6 rising · 1 falling

MemberUnusual activityToday's moveRead now
TSEMTower Semiconductor Ltd.
Most unusual · 100/100
+0.9%
Counter-move / dispersionActive in 0% of observed group sessions
KNKnowles Corporation
Elevated · 49/100
+3.3%
Dominant path moverActive in 0% of observed group sessions
COHRCoherent Corp.
Elevated · 48/100
+4.6%
Counter-move / dispersionActive in 0% of observed group sessions
FNFabrinet
Elevated · 43/100
+2.5%
Aligned price + flowActive in 0% of observed group sessions
PLXSPlexus Corp.
Elevated · 41/100
+1.4%
Aligned price + flowActive in 0% of observed group sessions
SIMOSilicon Motion Technology Corporation
Quiet · 29/100
-0.4%
Watch / laggardActive in 0% of observed group sessions
HIMXHimax Technologies, Inc.
Quiet · 0/100
+2.0%
Watch / laggardActive in 0% of observed group sessions
View exact member values
TICKERCompanyRole nowTodayObserved historyTrader interpretation
TSEMTower Semiconductor Ltd.Most unusual+0.9%0% of 0 sessionsMost unusual activity in this snapshot; performance direction may differ.
KNKnowles CorporationParticipating+3.3%0% of 0 sessionsPrice participation is not yet confirmed by per-name flow.
COHRCoherent Corp.Participating+4.6%0% of 0 sessionsPrice participation with distributing signed flow.
FNFabrinetParticipating+2.5%0% of 0 sessionsPrice participation with distributing signed flow.
PLXSPlexus Corp.Participating+1.4%0% of 0 sessionsPrice participation with distributing signed flow.
SIMOSilicon Motion Technology CorporationQuiet / lagging-0.4%0% of 0 sessionsNot participating yet; a breadth test or a genuine divergence.
HIMXHimax Technologies, Inc.Quiet / lagging+2.0%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 support1 dayHow often the cohort identity was observed
Completed episodes0Separate periods of broad group activity
Active sessions0Completed session observations, not trades
2026-08-217 names in the durable cohort
MEMBER CONSISTENCY IN OBSERVED ACTIVE SESSIONS
COHR0% · 0 episodes
FN0% · 0 episodes
HIMX0% · 0 episodes
KN0% · 0 episodes
PLXS0% · 0 episodes
SIMO0% · 0 episodes
TSEM0% · 0 episodes