US stock / ETF

The Southern Company

SO · NYSE · USD

1 monthBearish61%
Monthly Downside probability 61%Bearish

SO 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Recover $90.63 and stabilize above resistance $100.84.

Invalidation Trigger

Break above $100.84 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 50.1, MACD -0.901

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $6.58 (7.39%)

Monthly

EMA Structure

Bullish
EMA 8$92.97Bearish
EMA 21$90.63Bearish
EMA 50$82.9Bullish

Signals

CategoryReadStrength
Momentum
RSI 50.1 · MACD -0.901

Neutral zone

Strength
Bearish
Volatility
ATR $6.58 · BB 14.46%

High volatility

Strength
Bearish
Volume
MFI 53.9 · OBV -3.45%

Relative to 20-period average volume

Strength
Range
Price Levels
$65.8 - $100.84

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+20.63% · 2.8 ATR above latest close

$107.42
Nearest resistance

+13.23% · 1.8 ATR above · 34-bar high

$100.84
Current price

Price shown is delayed

$89.05
Nearest support

-26.11% · 3.5 ATR below · 34-bar low

$65.8
Deeper support zone

-33.5% · 4.5 ATR below latest close

$59.22
ATR zone

Latest close ± ATR14

$82.47 - $95.63

Indicators

Trend

Dow Theory Structure

Confirmation $99.58, invalidation $83.8

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

Trend strength is moderate

19.0 / 23.9 / 21.5Bullish
Supertrend (10,3)

Price is above Supertrend

$70.8Bullish
Ichimoku Cloud

Cloud Span A / Span B

$90.29 / $79.84Bearish
Donchian Channel (20)

20-period breakout channel position

42%Range

Volatility

ATR (14)

High volatility

$6.58 (7.39%)Bearish
Bollinger Bands (20,2)

Width 14.46%

26%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$104.71 / $77.08Bearish
ATR channel lower / upper

Current Volatility Envelope

$82.47 / $95.63Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$100.84Range
Support

Nearest Downside Decision Level

$65.8Range

Momentum

RSI (14)

Neutral zone

50.1Range
MACD (12,26,9)

Histogram is negative

-0.901Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

30.8 / 55.0Bearish
Williams %R (14)

Neutral zone

-69.2Range
CCI (20)

Balanced zone

-24.4Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.9Range
OBV slope

20-period OBV slope

-3.45%Bearish
Volume ratio

Relative to 20-period average volume

0.72xBearish

Trend

Dow Theory Structure

Confirmation $99.58, invalidation $83.8

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

Trend strength is moderate

19.0 / 23.9 / 21.5Bullish
Supertrend (10,3)

Price is above Supertrend

$70.8Bullish
Ichimoku Cloud

Cloud Span A / Span B

$90.29 / $79.84Bearish
Donchian Channel (20)

20-period breakout channel position

42%Range

Momentum

RSI (14)

Neutral zone

50.1Range
MACD (12,26,9)

Histogram is negative

-0.901Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

30.8 / 55.0Bearish
Williams %R (14)

Neutral zone

-69.2Range
CCI (20)

Balanced zone

-24.4Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

High volatility

$6.58 (7.39%)Bearish
Bollinger Bands (20,2)

Width 14.46%

26%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$104.71 / $77.08Bearish
ATR channel lower / upper

Current Volatility Envelope

$82.47 / $95.63Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.9Range
OBV slope

20-period OBV slope

-3.45%Bearish
Volume ratio

Relative to 20-period average volume

0.72xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$100.84Range
Support

Nearest Downside Decision Level

$65.8Range

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