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 $88.53 and stabilize above resistance $95.27.

Invalidation Trigger

Break above $95.27 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 31.4, MACD -0.054

Daily
Volatility EnvironmentBullish
Low volatility

ATR is $1.19 (1.38%)

Daily

EMA Structure

Bearish
EMA 8$87.04Bearish
EMA 21$88.53Bearish
EMA 50$90.74Bearish

Signals

CategoryReadStrength
Momentum
RSI 31.4 · MACD -0.054

Momentum is weak

Strength
Bearish
Volatility
ATR $1.19 · BB 5.89%

Low volatility

Strength
Bullish
Volume
MFI 26.5 · OBV -18.28%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$85.87 - $95.27

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+11.86% · 8.6 ATR above latest close

$96.46
Nearest resistance

+10.48% · 7.6 ATR above · 34-bar high

$95.27
Current price

Price shown is delayed

$86.23
Nearest support

-0.42% · 0.3 ATR below · 34-bar low

$85.87
Deeper support zone

-1.8% · 1.3 ATR below latest close

$84.68
ATR zone

Latest close ± ATR14

$85.04 - $87.42

Indicators

Trend

Dow Theory Structure

Confirmation $87.13, invalidation $89.19

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

Trend strength is active

31.4 / 12.8 / 28.9Bearish
Supertrend (10,3)

Price is above Supertrend

$82.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$88.6 / $92.57Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Volatility

ATR (14)

Low volatility

$1.19 (1.38%)Bullish
Bollinger Bands (20,2)

Width 5.89%

11%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$90.72 / $86.12Bullish
ATR channel lower / upper

Current Volatility Envelope

$85.04 / $87.42Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$95.27Range
Support

Nearest Downside Decision Level

$85.87Range

Momentum

RSI (14)

Momentum is weak

31.4Bearish
MACD (12,26,9)

Histogram is negative

-0.054Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

9.8 / 6.5Bullish
Williams %R (14)

Oversold zone

-90.2Bullish
CCI (20)

Weak expansion

-144.1Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

26.5Bearish
OBV slope

20-period OBV slope

-18.28%Bearish
Volume ratio

Relative to 20-period average volume

1.31xBullish

Trend

Dow Theory Structure

Confirmation $87.13, invalidation $89.19

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

Trend strength is active

31.4 / 12.8 / 28.9Bearish
Supertrend (10,3)

Price is above Supertrend

$82.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$88.6 / $92.57Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Momentum

RSI (14)

Momentum is weak

31.4Bearish
MACD (12,26,9)

Histogram is negative

-0.054Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

9.8 / 6.5Bullish
Williams %R (14)

Oversold zone

-90.2Bullish
CCI (20)

Weak expansion

-144.1Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

Low volatility

$1.19 (1.38%)Bullish
Bollinger Bands (20,2)

Width 5.89%

11%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$90.72 / $86.12Bullish
ATR channel lower / upper

Current Volatility Envelope

$85.04 / $87.42Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

26.5Bearish
OBV slope

20-period OBV slope

-18.28%Bearish
Volume ratio

Relative to 20-period average volume

1.31xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$95.27Range
Support

Nearest Downside Decision Level

$85.87Range

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