US stock / ETF

The Southern Company

SO · NYSE · USD

1 dayBearish81%
Daily Downside probability 81%Bearish

SO 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $94.72 and stabilize above resistance $99.26.

Invalidation Trigger

Break above $99.26 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 39.1, MACD -0.436

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $2.11 (2.27%)

Daily

EMA Structure

Bearish
EMA 8$93.8Bearish
EMA 21$94.72Bearish
EMA 50$94.78Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.1 · MACD -0.436

Momentum is weak

Strength
Bearish
Volatility
ATR $2.11 · BB 6.01%

Medium volatility

Strength
Range
Volume
MFI 37.2 · OBV -16.58%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$91.25 - $99.26

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+9.32% · 4.1 ATR above latest close

$101.37
Nearest resistance

+7.04% · 3.1 ATR above · 34-bar high

$99.26
Current price

Price shown is delayed

$92.73
Nearest support

-1.6% · 0.7 ATR below · 34-bar low

$91.25
Deeper support zone

-3.87% · 1.7 ATR below latest close

$89.14
ATR zone

Latest close ± ATR14

$90.62 - $94.84

Indicators

Trend

Dow Theory Structure

Confirmation $98.86, invalidation $91.25

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

13.4 / 20.5 / 27.5Bearish
Supertrend (10,3)

Price is above Supertrend

$86.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$95.16 / $94.14Bearish
Donchian Channel (20)

20-period breakout channel position

19%Bearish

Volatility

ATR (14)

Medium volatility

$2.11 (2.27%)Range
Bollinger Bands (20,2)

Width 6.01%

8%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$98.96 / $90.42Range
ATR channel lower / upper

Current Volatility Envelope

$90.62 / $94.84Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$99.26Range
Support

Nearest Downside Decision Level

$91.25Range

Momentum

RSI (14)

Momentum is weak

39.1Bearish
MACD (12,26,9)

Histogram is negative

-0.436Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

19.4 / 21.8Bearish
Williams %R (14)

Oversold zone

-80.6Bullish
CCI (20)

Weak expansion

-132.2Bearish
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

37.2Bearish
OBV slope

20-period OBV slope

-16.58%Bearish
Volume ratio

Relative to 20-period average volume

1.11xBullish

Trend

Dow Theory Structure

Confirmation $98.86, invalidation $91.25

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

13.4 / 20.5 / 27.5Bearish
Supertrend (10,3)

Price is above Supertrend

$86.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$95.16 / $94.14Bearish
Donchian Channel (20)

20-period breakout channel position

19%Bearish

Momentum

RSI (14)

Momentum is weak

39.1Bearish
MACD (12,26,9)

Histogram is negative

-0.436Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

19.4 / 21.8Bearish
Williams %R (14)

Oversold zone

-80.6Bullish
CCI (20)

Weak expansion

-132.2Bearish
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volatility

ATR (14)

Medium volatility

$2.11 (2.27%)Range
Bollinger Bands (20,2)

Width 6.01%

8%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$98.96 / $90.42Range
ATR channel lower / upper

Current Volatility Envelope

$90.62 / $94.84Range

Volume / Money Flow

MFI (14)

Money flow is weak

37.2Bearish
OBV slope

20-period OBV slope

-16.58%Bearish
Volume ratio

Relative to 20-period average volume

1.11xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$99.26Range
Support

Nearest Downside Decision Level

$91.25Range

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