US stock / ETF

The Southern Company

SO · NYSE · USD

1 monthBullish89%
Monthly Upside probability 89%Bullish

SO 1M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $61.58 and reclaim $100.82.

Invalidation Trigger

Lose $61.58 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 60.6, MACD -0.367

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $6.62 (6.82%)

Monthly

EMA Structure

Bullish
EMA 8$94.23Bullish
EMA 21$90.51Bullish
EMA 50$82.1Bullish

Signals

CategoryReadStrength
Momentum
RSI 60.6 · MACD -0.367

Momentum is strong

Strength
Bullish
Volatility
ATR $6.62 · BB 17.43%

High volatility

Strength
Bearish
Volume
MFI 57.9 · OBV 43.93%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$61.58 - $100.82

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+10.74% · 1.6 ATR above latest close

$107.44
Nearest resistance

+3.92% · 0.6 ATR above · 34-bar high

$100.82
Current price

Price shown is delayed

$97.02
Nearest support

-36.53% · 5.4 ATR below · 34-bar low

$61.58
Deeper support zone

-43.35% · 6.4 ATR below latest close

$54.96
ATR zone

Latest close ± ATR14

$90.4 - $103.64

Indicators

Trend

Dow Theory Structure

Confirmation $99.5, invalidation $83.81

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

Trend strength is active

23.1 / 21.8 / 18.2Bullish
Supertrend (10,3)

Price is above Supertrend

$72.56Bullish
Ichimoku Cloud

Cloud Span A / Span B

$89.7 / $80.79Bullish
Donchian Channel (20)

20-period breakout channel position

81%Bullish

Volatility

ATR (14)

High volatility

$6.62 (6.82%)Bearish
Bollinger Bands (20,2)

Width 17.43%

83%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$104.53 / $77.13Bearish
ATR channel lower / upper

Current Volatility Envelope

$90.4 / $103.64Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$100.82Range
Support

Nearest Downside Decision Level

$61.58Range

Momentum

RSI (14)

Momentum is strong

60.6Bullish
MACD (12,26,9)

Histogram is negative

-0.367Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

78.5 / 68.3Bullish
Williams %R (14)

Neutral zone

-21.5Range
CCI (20)

Balanced zone

70.1Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

57.9Bullish
OBV slope

20-period OBV slope

43.93%Bullish
Volume ratio

Relative to 20-period average volume

1.15xBullish

Trend

Dow Theory Structure

Confirmation $99.5, invalidation $83.81

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

Trend strength is active

23.1 / 21.8 / 18.2Bullish
Supertrend (10,3)

Price is above Supertrend

$72.56Bullish
Ichimoku Cloud

Cloud Span A / Span B

$89.7 / $80.79Bullish
Donchian Channel (20)

20-period breakout channel position

81%Bullish

Momentum

RSI (14)

Momentum is strong

60.6Bullish
MACD (12,26,9)

Histogram is negative

-0.367Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

78.5 / 68.3Bullish
Williams %R (14)

Neutral zone

-21.5Range
CCI (20)

Balanced zone

70.1Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$6.62 (6.82%)Bearish
Bollinger Bands (20,2)

Width 17.43%

83%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$104.53 / $77.13Bearish
ATR channel lower / upper

Current Volatility Envelope

$90.4 / $103.64Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

57.9Bullish
OBV slope

20-period OBV slope

43.93%Bullish
Volume ratio

Relative to 20-period average volume

1.15xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$100.82Range
Support

Nearest Downside Decision Level

$61.58Range

Related Forecasts