Setup snapshot
Independent BreakoutFri, May 15, 3:45 PM EDTGood conviction

NGGNational Grid Transco, PLC Nati

This cluster groups companies concentrated in REIT - Healthcare Facilities, shared exposure to Real Estate, Senior, Housing, primarily within Real Estate, Utilities.

Open AssetOpen Theme
Conviction
69%
Good conviction
Theme context
New cluster forming around $NGG
Theme probability 28%
Score
45
1-3d
Early confirmation
12%
inactive
What's happening
This cluster groups companies concentrated in REIT - Healthcare Facilities, shared exposure to Real Estate, Senior, Housing, primarily within Real Estate, Utilities.
Why now
+0.58% in 60m (z=0.83)
What confirms
Confirmation improves if $FMX follow through with it.
What breaks
This read breaks if no broader confirmation shows up around NGG.
Score breakdown
Why this setup scored the way it did.
Utilities
Base
0
Raw disturbance in the name.
Within theme
1
How well it fits the surrounding group move.
Residual
1
What remains after stripping out broader beta.
Edges
0
Relationship and propagation support.
Watch next
Watch $FMX for the next leg of confirmation.
Related names
$FMX
Drivers
+0.58% in 60m (z=0.83)
Volume 1.57x expected (60m)
Mention spike: 0 articles in 6h (z=0.00)