US stock / ETF

The Southern Company

SO · NYSE · USD

1 hourBearish82%
1h Downside probability 82%Bearish

SO 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $89.25 and stabilize above resistance $90.58.

Invalidation Trigger

Break above $90.58 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 43.5, MACD -0.031

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.3478 (0.39%)

1h

EMA Structure

Bearish
EMA 8$88.86Bullish
EMA 21$89.25Bearish
EMA 50$89.88Bearish

Signals

CategoryReadStrength
Momentum
RSI 43.5 · MACD -0.031

Momentum is weak

Strength
Bearish
Volatility
ATR $0.3478 · BB 2.81%

Low volatility

Strength
Bullish
Volume
MFI 53.0 · OBV 32.11%

Relative to 20-period average volume

Strength
Range
Price Levels
$88.28 - $90.58

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+2.11% · 5.4 ATR above latest close

$90.93
Nearest resistance

+1.72% · 4.4 ATR above · 34-bar high

$90.58
Current price

Price shown is delayed

$89.05
Nearest support

-0.86% · 2.2 ATR below · 34-bar low

$88.28
Deeper support zone

-1.26% · 3.2 ATR below latest close

$87.93
ATR zone

Latest close ± ATR14

$88.7 - $89.4

Indicators

Trend

Dow Theory Structure

Confirmation $88.28, invalidation $90.07

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

Trend strength is active

40.9 / 19.0 / 42.5Bearish
Supertrend (10,3)

Price is above Supertrend

$88.01Bullish
Ichimoku Cloud

Cloud Span A / Span B

$89.16 / $89.98Bearish
Donchian Channel (20)

20-period breakout channel position

33%Range

Volatility

ATR (14)

Low volatility

$0.3478 (0.39%)Bullish
Bollinger Bands (20,2)

Width 2.81%

37%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$89.92 / $88.54Bullish
ATR channel lower / upper

Current Volatility Envelope

$88.7 / $89.4Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$90.58Range
Support

Nearest Downside Decision Level

$88.28Range

Momentum

RSI (14)

Momentum is weak

43.5Bearish
MACD (12,26,9)

Histogram is negative

-0.031Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

43.0 / 29.7Bullish
Williams %R (14)

Neutral zone

-57.0Range
CCI (20)

Balanced zone

-39.4Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.0Range
OBV slope

20-period OBV slope

32.11%Bullish
Volume ratio

Relative to 20-period average volume

4.58xBullish

Trend

Dow Theory Structure

Confirmation $88.28, invalidation $90.07

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

Trend strength is active

40.9 / 19.0 / 42.5Bearish
Supertrend (10,3)

Price is above Supertrend

$88.01Bullish
Ichimoku Cloud

Cloud Span A / Span B

$89.16 / $89.98Bearish
Donchian Channel (20)

20-period breakout channel position

33%Range

Momentum

RSI (14)

Momentum is weak

43.5Bearish
MACD (12,26,9)

Histogram is negative

-0.031Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

43.0 / 29.7Bullish
Williams %R (14)

Neutral zone

-57.0Range
CCI (20)

Balanced zone

-39.4Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$0.3478 (0.39%)Bullish
Bollinger Bands (20,2)

Width 2.81%

37%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$89.92 / $88.54Bullish
ATR channel lower / upper

Current Volatility Envelope

$88.7 / $89.4Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.0Range
OBV slope

20-period OBV slope

32.11%Bullish
Volume ratio

Relative to 20-period average volume

4.58xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$90.58Range
Support

Nearest Downside Decision Level

$88.28Range

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