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

MARKET-DISCOVERED GROUP

Regulated Electric Utilities · EXC

THE TRADER READRecurring relationship, inactive in the latest snapshot

9 of 9 measured members are falling. Capital-flow confirmation is unavailable.

Price breadth9 of 9 fallingRelative median unavailable
Capital-flow alignmentUnavailablePrice breadth is not yet confirmed by flow
Activity nowBuilding_pressureActivity score 36/100
Evidence depth0 support daysLow sample—context, not a validated playbook
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

TUE, MAY 5EXC filing documented shared operating contextcredit / rates affecting interest expense · date precision only

MON, JUL 27DTE 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.

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

7/9 members covered

Moderate filing support: the strongest shared 10-Q/K outlook is operating setup (near-term outlook) across CMS, DTE, DUK, ED, SO, SOMN.

credit / rates affecting interest expense

Net income increased by $12 million due to an increase in revenue as a result of the absence of surcharge credits to customers, favorable weather relative to the same period last year, and tax repairs, some of which is timing, partially offset by an increase in depreciation and interest expense.

EXC 10-Q · 2026-05-06
capital investment / capacity affecting capex

2024 Increase (Decrease) Depreciation and amortization (a) $ 24 Regulatory asset amortization 6 Regulatory required programs (b) (4) Total increase $ 26 __________ (a) Depreciation and amortization increased primarily due to ongoing capital expenditures. (b) Reflects the cost recovery associated with EmPOWER Maryland.

EXC 10-K · 2026-02-12
credit / rates

Long-term debt maturities at the Registrants in the periods 2026 through 2030 and thereafter are as follows: Year Exelon ComEd PECO BGE PHI Pepco DPL ACE 2026 $ 1,665 $ 500 $ — $ 350 $ 64 $ 6 $ 53 $ 5 2027 1,028 350 — — 28 7 17 5 2028 1,996 550 81 — 365 5 6 354 2029 1,933 — — — 284 153 4 126 2030 1,856 350 — — 257 153 103 2 Thereafter 40,950 (a) 11,342 (b) 6,578 (c) 5,750 8,291 4,376 2,178 1,551 Total $ 49,428 $ 13,092 $ 6,659 $ 6,100 $ 9,289 $ 4,700 $ 2,361 $ 2,043 __________ (a) Includes $ 390 million due to ComEd and PECO financing trusts. (b) Includes $ 206 million due to ComEd financing trust. (c) Includes $ 184 million due to PECO financing trusts.

EXC 10-K · 2026-02-12
CONFIRMATION NETWORK

Outsiders and cross-asset links

0 outsiders confirming
SOUVXYPositive historical lead/lag · strength 0.18

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
CMSSOFTSDTEDUKEXCEDEMASOMN

0/9 active0 rising · 9 falling

MemberUnusual activityToday's moveRead now
CMSCMS Energy Corporation
Elevated · 100/100
-2.2%
Active; unclassifiedHistorical role unavailable
SOSouthern Company (The)
Elevated · 97/100
-2.7%
Active; unclassifiedHistorical role unavailable
FTSFortis Inc.
Elevated · 81/100
-2.4%
Active; unclassifiedHistorical role unavailable
DTEDTE Energy Company
Elevated · 76/100
-2.1%
Active; unclassifiedHistorical role unavailable
DUKDuke Energy Corporation
Elevated · 70/100
-2.4%
Active; unclassifiedHistorical role unavailable
EXCExelon Corporation
Most unusual · 66/100
-2.9%
Active; unclassifiedHistorical role unavailable
EDConsolidated Edison, Inc.
Elevated · 63/100
-1.8%
Active; unclassifiedHistorical role unavailable
EMAEmera Incorporated
Elevated · 63/100
-3.3%
Active; unclassifiedHistorical role unavailable
SOMNThe Southern Company
Elevated · 58/100
-1.2%
Active; unclassifiedHistorical role unavailable
View exact member values
TICKERCompanyRole nowTodayObserved historyTrader interpretation
CMSCMS Energy CorporationParticipating-2.2%Price participation is not yet confirmed by per-name flow.
SOSouthern Company (The)Participating-2.7%Price participation is not yet confirmed by per-name flow.
FTSFortis Inc.Participating-2.4%Price participation is not yet confirmed by per-name flow.
DTEDTE Energy CompanyParticipating-2.1%Price participation is not yet confirmed by per-name flow.
DUKDuke Energy CorporationParticipating-2.4%Price participation is not yet confirmed by per-name flow.
EXCExelon CorporationMost unusual-2.9%Most unusual activity in this snapshot; performance direction may differ.
EDConsolidated Edison, Inc.Participating-1.8%Price participation is not yet confirmed by per-name flow.
EMAEmera IncorporatedParticipating-3.3%Price participation is not yet confirmed by per-name flow.
SOMNThe Southern CompanyParticipating-1.2%Price participation is not yet confirmed by per-name flow.

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.