US stock / ETF

The Southern Company

SO · NYSE · USD

1 dayBearish92%
Daily Downside probability 92%Bearish

SO 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $91.77 and stabilize above resistance $98.86.

Invalidation Trigger

Break above $98.86 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 31.9, MACD -0.263

Daily
Volatility EnvironmentBullish
Low volatility

ATR is $1.24 (1.39%)

Daily

EMA Structure

Bearish
EMA 8$90.21Bearish
EMA 21$91.77Bearish
EMA 50$93.15Bearish

Signals

CategoryReadStrength
Momentum
RSI 31.9 · MACD -0.263

Momentum is weak

Strength
Bearish
Volatility
ATR $1.24 · BB 6.98%

Low volatility

Strength
Bullish
Volume
MFI 40.0 · OBV -15.69%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$88.28 - $98.86

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+12.41% · 8.9 ATR above latest close

$100.1
Nearest resistance

+11.02% · 7.9 ATR above · 34-bar high

$98.86
Current price

Price shown is delayed

$89.05
Nearest support

-0.86% · 0.6 ATR below · 34-bar low

$88.28
Deeper support zone

-2.26% · 1.6 ATR below latest close

$87.04
ATR zone

Latest close ± ATR14

$87.81 - $90.29

Indicators

Trend

Dow Theory Structure

Confirmation $88.91, invalidation $93.48

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

Trend strength is active

22.0 / 21.9 / 36.3Bearish
Supertrend (10,3)

Price is above Supertrend

$85.05Bullish
Ichimoku Cloud

Cloud Span A / Span B

$92.22 / $93.77Bearish
Donchian Channel (20)

20-period breakout channel position

11%Bearish

Volatility

ATR (14)

Low volatility

$1.24 (1.39%)Bullish
Bollinger Bands (20,2)

Width 6.98%

6%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$94.43 / $88.93Bullish
ATR channel lower / upper

Current Volatility Envelope

$87.81 / $90.29Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$98.86Range
Support

Nearest Downside Decision Level

$88.28Range

Momentum

RSI (14)

Momentum is weak

31.9Bearish
MACD (12,26,9)

Histogram is negative

-0.263Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

14.8 / 17.7Bearish
Williams %R (14)

Oversold zone

-85.2Bullish
CCI (20)

Weak expansion

-157.9Bearish
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

40.0Bearish
OBV slope

20-period OBV slope

-15.69%Bearish
Volume ratio

Relative to 20-period average volume

0.83xBearish

Trend

Dow Theory Structure

Confirmation $88.91, invalidation $93.48

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

Trend strength is active

22.0 / 21.9 / 36.3Bearish
Supertrend (10,3)

Price is above Supertrend

$85.05Bullish
Ichimoku Cloud

Cloud Span A / Span B

$92.22 / $93.77Bearish
Donchian Channel (20)

20-period breakout channel position

11%Bearish

Momentum

RSI (14)

Momentum is weak

31.9Bearish
MACD (12,26,9)

Histogram is negative

-0.263Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

14.8 / 17.7Bearish
Williams %R (14)

Oversold zone

-85.2Bullish
CCI (20)

Weak expansion

-157.9Bearish
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$1.24 (1.39%)Bullish
Bollinger Bands (20,2)

Width 6.98%

6%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$94.43 / $88.93Bullish
ATR channel lower / upper

Current Volatility Envelope

$87.81 / $90.29Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

40.0Bearish
OBV slope

20-period OBV slope

-15.69%Bearish
Volume ratio

Relative to 20-period average volume

0.83xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$98.86Range
Support

Nearest Downside Decision Level

$88.28Range

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