US stock / ETF

The Southern Company

SO · NYSE · USD

1 dayBearish59%
Daily Downside probability 59%Bearish

SO 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $85.21 and stabilize above resistance $92.65.

Invalidation Trigger

Break above $92.65 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

Daily
Momentum StateBullish
Momentum improving

RSI 47.6, MACD 0.380

Daily
Volatility EnvironmentBullish
Low volatility

ATR is $1.15 (1.35%)

Daily

EMA Structure

Bearish
EMA 8$84.34Bullish
EMA 21$85.21Bullish
EMA 50$87.85Bearish

Signals

CategoryReadStrength
Momentum
RSI 47.6 · MACD 0.380

Neutral zone

Strength
Bullish
Volatility
ATR $1.15 · BB 7.91%

Low volatility

Strength
Bullish
Volume
MFI 44.7 · OBV -7.38%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$81.69 - $92.65

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+9.79% · 7.2 ATR above latest close

$93.8
Nearest resistance

+8.44% · 6.2 ATR above · 34-bar high

$92.65
Current price

Price shown is delayed

$85.44
Nearest support

-4.39% · 3.2 ATR below · 34-bar low

$81.69
Deeper support zone

-5.74% · 4.2 ATR below latest close

$80.54
ATR zone

Latest close ± ATR14

$84.29 - $86.59

Indicators

Trend

Dow Theory Structure

Confirmation $81.69, invalidation $89.19

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

57.9 / 19.9 / 32.1Bearish
Supertrend (10,3)

Price is above Supertrend

$81.34Bullish
Ichimoku Cloud

Cloud Span A / Span B

$84.55 / $90.28Bearish
Donchian Channel (20)

20-period breakout channel position

51%Range

Volatility

ATR (14)

Low volatility

$1.15 (1.35%)Bullish
Bollinger Bands (20,2)

Width 7.91%

59%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$87.44 / $82.78Bullish
ATR channel lower / upper

Current Volatility Envelope

$84.29 / $86.59Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$92.65Range
Support

Nearest Downside Decision Level

$81.69Range

Momentum

RSI (14)

Neutral zone

47.6Range
MACD (12,26,9)

Histogram is positive

0.380Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

80.5 / 63.5Bullish
Williams %R (14)

Overbought zone

-19.5Bearish
CCI (20)

Balanced zone

5.1Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

44.7Bearish
OBV slope

20-period OBV slope

-7.38%Bearish
Volume ratio

Relative to 20-period average volume

1.10xBullish

Trend

Dow Theory Structure

Confirmation $81.69, invalidation $89.19

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

57.9 / 19.9 / 32.1Bearish
Supertrend (10,3)

Price is above Supertrend

$81.34Bullish
Ichimoku Cloud

Cloud Span A / Span B

$84.55 / $90.28Bearish
Donchian Channel (20)

20-period breakout channel position

51%Range

Momentum

RSI (14)

Neutral zone

47.6Range
MACD (12,26,9)

Histogram is positive

0.380Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

80.5 / 63.5Bullish
Williams %R (14)

Overbought zone

-19.5Bearish
CCI (20)

Balanced zone

5.1Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volatility

ATR (14)

Low volatility

$1.15 (1.35%)Bullish
Bollinger Bands (20,2)

Width 7.91%

59%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$87.44 / $82.78Bullish
ATR channel lower / upper

Current Volatility Envelope

$84.29 / $86.59Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

44.7Bearish
OBV slope

20-period OBV slope

-7.38%Bearish
Volume ratio

Relative to 20-period average volume

1.10xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$92.65Range
Support

Nearest Downside Decision Level

$81.69Range

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