US stock / ETF

The Southern Company

SO · NYSE · USD

1 hourBearish81%
1h Downside probability 81%Bearish

SO 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $95.86 and stabilize above resistance $97.64.

Invalidation Trigger

Break above $97.64 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 43.0, MACD -0.103

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.4800 (0.5%)

1h

EMA Structure

Bearish
EMA 8$95.74Bearish
EMA 21$95.86Bearish
EMA 50$95.92Bearish

Signals

CategoryReadStrength
Momentum
RSI 43.0 · MACD -0.103

Momentum is weak

Strength
Bearish
Volatility
ATR $0.4800 · BB 3.08%

Low volatility

Strength
Bullish
Volume
MFI 49.9 · OBV 2.93%

Relative to 20-period average volume

Strength
Range
Price Levels
$94.58 - $97.64

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+2.96% · 5.9 ATR above latest close

$98.12
Nearest resistance

+2.46% · 4.9 ATR above · 34-bar high

$97.64
Current price

Price shown is delayed

$95.3
Nearest support

-0.76% · 1.5 ATR below · 34-bar low

$94.58
Deeper support zone

-1.26% · 2.5 ATR below latest close

$94.1
ATR zone

Latest close ± ATR14

$94.82 - $95.78

Indicators

Trend

Dow Theory Structure

Confirmation $97.64, invalidation $95.23

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

Trend strength is active

29.1 / 29.8 / 31.6Bearish
Supertrend (10,3)

Price is above Supertrend

$93.62Bullish
Ichimoku Cloud

Cloud Span A / Span B

$96.27 / $96.11Bearish
Donchian Channel (20)

20-period breakout channel position

24%Bearish

Volatility

ATR (14)

Low volatility

$0.4800 (0.5%)Bullish
Bollinger Bands (20,2)

Width 3.08%

33%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$96.98 / $94.74Bullish
ATR channel lower / upper

Current Volatility Envelope

$94.82 / $95.78Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$97.64Range
Support

Nearest Downside Decision Level

$94.58Range

Momentum

RSI (14)

Momentum is weak

43.0Bearish
MACD (12,26,9)

Histogram is negative

-0.103Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

2.9 / 3.7Bearish
Williams %R (14)

Oversold zone

-97.1Bullish
CCI (20)

Balanced zone

-56.3Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.9Range
OBV slope

20-period OBV slope

2.93%Bullish
Volume ratio

Relative to 20-period average volume

3.36xBullish

Trend

Dow Theory Structure

Confirmation $97.64, invalidation $95.23

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

Trend strength is active

29.1 / 29.8 / 31.6Bearish
Supertrend (10,3)

Price is above Supertrend

$93.62Bullish
Ichimoku Cloud

Cloud Span A / Span B

$96.27 / $96.11Bearish
Donchian Channel (20)

20-period breakout channel position

24%Bearish

Momentum

RSI (14)

Momentum is weak

43.0Bearish
MACD (12,26,9)

Histogram is negative

-0.103Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

2.9 / 3.7Bearish
Williams %R (14)

Oversold zone

-97.1Bullish
CCI (20)

Balanced zone

-56.3Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

Low volatility

$0.4800 (0.5%)Bullish
Bollinger Bands (20,2)

Width 3.08%

33%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$96.98 / $94.74Bullish
ATR channel lower / upper

Current Volatility Envelope

$94.82 / $95.78Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.9Range
OBV slope

20-period OBV slope

2.93%Bullish
Volume ratio

Relative to 20-period average volume

3.36xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$97.64Range
Support

Nearest Downside Decision Level

$94.58Range

Related Forecasts