Inactive · newly observed relationshipLatest completed snapshot · 06:06 ET

MARKET-DISCOVERED GROUP

Technology Services

THE TRADER READRecurring relationship, inactive in the latest snapshot

4 of 7 measured session-normalized paths align to the downside across 3.9 effective names. Capital-flow agreement is 21%, so the basket is not yet clean. No verified headline preceded the measured move.

Price breadth3 up · 4 down-0.5% session-normalized median path

Capital-flow alignment21%Price breadth is not yet confirmed by flow

Activity nowCalmActivity score 0/100

Evidence depth1 support daysLow sample—context, not a validated playbook

EVIDENCE CLOCK

What happened, in timestamp order

4 timed events · 15:40–15:55 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.

15:55 ET
5-minute inferenceCLVT registered the first material upside path
+0.70% session path at the threshold · CLVT
09:30 ET
5-minute inferenceIT registered a material downside path
-1.50% session path at the threshold · IT
09:30 ET
5-minute inferenceEFX registered a material downside path
-1.28% session path at the threshold · EFX
09:30 ET
5-minute inferenceG registered a material downside path
-1.68% session path at the threshold · G

2 earlier filing context receipts

WED, FEB 18EFX filing documented shared operating contextcredit / rates affecting interest expense · date precision only

MON, FEB 23CLVT filing documented shared operating contextcredit / rates affecting interest expense · date precision only

THEME CONSTRUCTION

Broad move or one-stock disguise?

Session-normalized 5m paths

Observed movement is balanced across 3.9 effective names. IT represents 40.0% of absolute path energy; 4 of 7 members align with the down relative path.

ConstructionBalanced40.0% from the largest path

Effective names3.9 / 7Movement diversity after concentration

Direction breadth4/7 aligneddownside relative path · 2 counter-moving

Largest moverIT 40.0%63.6% from the top two paths

IT40.0%Dominant mover · path -3.17% · basket -0.45pp

CLVT23.6%Counter-move · path +1.88% · basket +0.27pp

EFX15.2%Aligned contributor · path -1.20% · basket -0.17pp

G11.2%Aligned contributor · path -0.89% · basket -0.13pp

GTM6.5%Aligned contributor · path -0.52% · basket -0.07pp

DOX2.8%Counter-move · path +0.23% · basket +0.03pp

TRU0.7%Flat / inactive path · path +0.06% · basket +0.01pp

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

15:55 ET
CLVT moved higher firstFirst member to clear the material path threshold · path +0.70%
09:30 ET
IT registered a material lower path1055m after the first price move · path -1.50%
09:30 ET
EFX registered a material lower path1055m after the first price move · path -1.28%
09:30 ET
G registered a material lower path1055m after the first price move · path -1.68%
10:30 ET
GTM registered a material lower path1115m after the first price move · path -1.29%
15:20 ET
DOX registered a material higher path1405m after the first price move · path +0.36%

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

RELATIVE CO-MOVEMENT

How the members are behaving together

Session-normalized

Aug 24 · 15:40 ETMove visible 09:30 ETAug 25 · 15:55 ET

Group median -0.52%Strongest relative path CLVTWeakest relative path IT

Observed member paths normalized to the session. 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

6/7 members covered

Moderate filing support: the strongest shared 10-Q/K outlook is operating setup (near-term outlook) across EFX, G, IT.

credit / rates affecting interest expense

“Interest expense, net The decrease of 6% compared to 2024 was primarily driven by lower interest rates on our outstanding variable-rate debt and reduced total debt outstanding.”
CLVT 10-K · 2026-02-24

restructuring affecting expense

“The following table discloses our consolidated cash flows by activity for the periods presented: Year Ended December 31, Change 2025 2024 $ % Net cash provided by operating activities $ 628.5 $ 646.6 $ (18.1) (3) % Net cash used for investing activities $ (263.2) $ (236.7) $ (26.5) 11 % Net cash used for financing activities $ (343.1) $ (470.1) $ 127.0 (27) % The decrease in net cash provided by operating activities was primarily due to higher restructuring costs and related cash outflows compared to the prior year.”
CLVT 10-K · 2026-02-24

demand / volume

“The increase for both periods is driven by growth in mortgage related services, primarily due to product pricing and higher volumes, as well as growth in diversified markets online services.”
EFX 10-Q · 2026-07-21

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.

EXLSNot confirming

G · text peer

CNXCNot confirming

G · text peer

URBNNot confirming

EFX · text peer

PBFNot confirming

IT · text peer

03 · WHO IS IN IT

Member participation

Unusual activity and daily price direction are shown separately

ITEFXCLVTGGTMDOXTRU

0/7 active3 rising · 4 falling

MemberUnusual activityToday's moveRead now

ITGartner, Inc.

Quiet · 0/100

-3.4%