US stock / ETF

The Southern Company

SO · NYSE · USD

1 monthRange49%
Monthly Range probability 98%Range

SO 1M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Break either side of $65.8 - $100.84 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 46.9, MACD -1.386

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $6.46 (7.49%)

Monthly

EMA Structure

Bullish
EMA 8$91.2Bearish
EMA 21$90.1Bearish
EMA 50$82.97Bullish

Signals

CategoryReadStrength
Momentum
RSI 46.9 · MACD -1.386

Neutral zone

Strength
Bearish
Volatility
ATR $6.46 · BB 13.78%

High volatility

Strength
Bearish
Volume
MFI 48.3 · OBV -13.46%

Relative to 20-period average volume

Strength
Range
Price Levels
$65.8 - $100.84

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+24.43% · 3.3 ATR above latest close

$107.29
Nearest resistance

+16.94% · 2.3 ATR above · 34-bar high

$100.84
Current price

Price shown is delayed

$86.23
Nearest support

-23.69% · 3.2 ATR below · 34-bar low

$65.8
Deeper support zone

-31.18% · 4.2 ATR below latest close

$59.34
ATR zone

Latest close ± ATR14

$79.77 - $92.69

Indicators

Trend

Dow Theory Structure

Confirmation $99.26, invalidation $83.8

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

Trend strength is moderate

17.1 / 19.4 / 24.6Bearish
Supertrend (10,3)

Price is above Supertrend

$67.64Bullish
Ichimoku Cloud

Cloud Span A / Span B

$91.52 / $79.84Bearish
Donchian Channel (20)

20-period breakout channel position

19%Range

Volatility

ATR (14)

High volatility

$6.46 (7.49%)Bearish
Bollinger Bands (20,2)

Width 13.78%

3%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$103.61 / $77.02Bearish
ATR channel lower / upper

Current Volatility Envelope

$79.77 / $92.69Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$100.84Range
Support

Nearest Downside Decision Level

$65.8Range

Momentum

RSI (14)

Neutral zone

46.9Range
MACD (12,26,9)

Histogram is negative

-1.386Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

14.3 / 33.0Bearish
Williams %R (14)

Oversold zone

-85.7Bullish
CCI (20)

Weak expansion

-115.0Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.3Range
OBV slope

20-period OBV slope

-13.46%Bearish
Volume ratio

Relative to 20-period average volume

0.49xBearish

Trend

Dow Theory Structure

Confirmation $99.26, invalidation $83.8

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

Trend strength is moderate

17.1 / 19.4 / 24.6Bearish
Supertrend (10,3)

Price is above Supertrend

$67.64Bullish
Ichimoku Cloud

Cloud Span A / Span B

$91.52 / $79.84Bearish
Donchian Channel (20)

20-period breakout channel position

19%Range

Momentum

RSI (14)

Neutral zone

46.9Range
MACD (12,26,9)

Histogram is negative

-1.386Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

14.3 / 33.0Bearish
Williams %R (14)

Oversold zone

-85.7Bullish
CCI (20)

Weak expansion

-115.0Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

High volatility

$6.46 (7.49%)Bearish
Bollinger Bands (20,2)

Width 13.78%

3%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$103.61 / $77.02Bearish
ATR channel lower / upper

Current Volatility Envelope

$79.77 / $92.69Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.3Range
OBV slope

20-period OBV slope

-13.46%Bearish
Volume ratio

Relative to 20-period average volume

0.49xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$100.84Range
Support

Nearest Downside Decision Level

$65.8Range

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