US stock / ETF

The Southern Company

SO · NYSE · USD

12 hoursBearish91%
12h Downside probability 91%Bearish

SO 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

12h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $90.96 and stabilize above resistance $95.31.

Invalidation Trigger

Break above $95.31 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 30.3, MACD -0.119

12h
Volatility EnvironmentBullish
Low volatility

ATR is $0.9633 (1.08%)

12h

EMA Structure

Bearish
EMA 8$89.86Bearish
EMA 21$90.96Bearish
EMA 50$92.39Bearish

Signals

CategoryReadStrength
Momentum
RSI 30.3 · MACD -0.119

Momentum is weak

Strength
Bearish
Volatility
ATR $0.9633 · BB 6.02%

Low volatility

Strength
Bullish
Volume
MFI 49.4 · OBV -5.99%

Relative to 20-period average volume

Strength
Range
Price Levels
$88.28 - $95.31

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+8.11% · 7.5 ATR above latest close

$96.27
Nearest resistance

+7.03% · 6.5 ATR above · 34-bar high

$95.31
Current price

Price shown is delayed

$89.05
Nearest support

-0.86% · 0.8 ATR below · 34-bar low

$88.28
Deeper support zone

-1.95% · 1.8 ATR below latest close

$87.32
ATR zone

Latest close ± ATR14

$88.09 - $90.01

Indicators

Trend

Dow Theory Structure

Confirmation $88.94, invalidation $90.58

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

Trend strength is moderate

15.4 / 21.0 / 38.5Bearish
Supertrend (10,3)

Price is above Supertrend

$85.93Bullish
Ichimoku Cloud

Cloud Span A / Span B

$90.46 / $93.57Bearish
Donchian Channel (20)

20-period breakout channel position

15%Bearish

Volatility

ATR (14)

Low volatility

$0.9633 (1.08%)Bullish
Bollinger Bands (20,2)

Width 6.02%

11%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$92.86 / $88.91Bullish
ATR channel lower / upper

Current Volatility Envelope

$88.09 / $90.01Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$95.31Range
Support

Nearest Downside Decision Level

$88.28Range

Momentum

RSI (14)

Momentum is weak

30.3Bearish
MACD (12,26,9)

Histogram is negative

-0.119Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

14.8 / 14.3Bullish
Williams %R (14)

Oversold zone

-85.2Bullish
CCI (20)

Weak expansion

-116.8Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.4Range
OBV slope

20-period OBV slope

-5.99%Bearish
Volume ratio

Relative to 20-period average volume

2.56xBullish

Trend

Dow Theory Structure

Confirmation $88.94, invalidation $90.58

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

Trend strength is moderate

15.4 / 21.0 / 38.5Bearish
Supertrend (10,3)

Price is above Supertrend

$85.93Bullish
Ichimoku Cloud

Cloud Span A / Span B

$90.46 / $93.57Bearish
Donchian Channel (20)

20-period breakout channel position

15%Bearish

Momentum

RSI (14)

Momentum is weak

30.3Bearish
MACD (12,26,9)

Histogram is negative

-0.119Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

14.8 / 14.3Bullish
Williams %R (14)

Oversold zone

-85.2Bullish
CCI (20)

Weak expansion

-116.8Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$0.9633 (1.08%)Bullish
Bollinger Bands (20,2)

Width 6.02%

11%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$92.86 / $88.91Bullish
ATR channel lower / upper

Current Volatility Envelope

$88.09 / $90.01Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.4Range
OBV slope

20-period OBV slope

-5.99%Bearish
Volume ratio

Relative to 20-period average volume

2.56xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$95.31Range
Support

Nearest Downside Decision Level

$88.28Range

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