US stock / ETF

The Southern Company

SO · NYSE · USD

1 hourBearish68%
1h Downside probability 68%Bearish

SO 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $86.48 and stabilize above resistance $88.01.

Invalidation Trigger

Break above $88.01 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 43.8, MACD 0.055

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.2705 (0.31%)

1h

EMA Structure

Bearish
EMA 8$86.34Bearish
EMA 21$86.48Bearish
EMA 50$86.97Bearish

Signals

CategoryReadStrength
Momentum
RSI 43.8 · MACD 0.055

Momentum is weak

Strength
Bearish
Volatility
ATR $0.2705 · BB 1.51%

Low volatility

Strength
Bullish
Volume
MFI 56.3 · OBV 2.35%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$85.91 - $88.01

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+2.38% · 7.6 ATR above latest close

$88.28
Nearest resistance

+2.06% · 6.6 ATR above · 34-bar high

$88.01
Current price

Price shown is delayed

$86.23
Nearest support

-0.37% · 1.2 ATR below · 34-bar low

$85.91
Deeper support zone

-0.69% · 2.2 ATR below latest close

$85.64
ATR zone

Latest close ± ATR14

$85.96 - $86.5

Indicators

Trend

Dow Theory Structure

Confirmation $85.91, invalidation $86.8

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

Trend strength is moderate

10.3 / 27.5 / 24.8Bullish
Supertrend (10,3)

Price is above Supertrend

$85.29Bullish
Ichimoku Cloud

Cloud Span A / Span B

$86.55 / $87.38Bearish
Donchian Channel (20)

20-period breakout channel position

24%Bearish

Volatility

ATR (14)

Low volatility

$0.2705 (0.31%)Bullish
Bollinger Bands (20,2)

Width 1.51%

40%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$87.09 / $85.84Bullish
ATR channel lower / upper

Current Volatility Envelope

$85.96 / $86.5Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$88.01Range
Support

Nearest Downside Decision Level

$85.91Range

Momentum

RSI (14)

Momentum is weak

43.8Bearish
MACD (12,26,9)

Histogram is positive

0.055Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

36.0 / 43.8Bearish
Williams %R (14)

Neutral zone

-64.0Range
CCI (20)

Balanced zone

-34.1Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

56.3Bullish
OBV slope

20-period OBV slope

2.35%Bullish
Volume ratio

Relative to 20-period average volume

6.11xBullish

Trend

Dow Theory Structure

Confirmation $85.91, invalidation $86.8

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

Trend strength is moderate

10.3 / 27.5 / 24.8Bullish
Supertrend (10,3)

Price is above Supertrend

$85.29Bullish
Ichimoku Cloud

Cloud Span A / Span B

$86.55 / $87.38Bearish
Donchian Channel (20)

20-period breakout channel position

24%Bearish

Momentum

RSI (14)

Momentum is weak

43.8Bearish
MACD (12,26,9)

Histogram is positive

0.055Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

36.0 / 43.8Bearish
Williams %R (14)

Neutral zone

-64.0Range
CCI (20)

Balanced zone

-34.1Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$0.2705 (0.31%)Bullish
Bollinger Bands (20,2)

Width 1.51%

40%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$87.09 / $85.84Bullish
ATR channel lower / upper

Current Volatility Envelope

$85.96 / $86.5Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

56.3Bullish
OBV slope

20-period OBV slope

2.35%Bullish
Volume ratio

Relative to 20-period average volume

6.11xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$88.01Range
Support

Nearest Downside Decision Level

$85.91Range

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