US stock / ETF

The Southern Company

SO · NYSE · USD

1 monthBearish56%
Monthly Downside probability 56%Bearish

SO 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $89.4 and stabilize above resistance $100.84.

Invalidation Trigger

Break above $100.84 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 46.6, MACD -1.762

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $6.7 (7.84%)

Monthly

EMA Structure

Range
EMA 8$89.34Bearish
EMA 21$89.4Bearish
EMA 50$82.94Bullish

Signals

CategoryReadStrength
Momentum
RSI 46.6 · MACD -1.762

Neutral zone

Strength
Bearish
Volatility
ATR $6.7 · BB 16.60%

High volatility

Strength
Bearish
Volume
MFI 49.1 · OBV -20.85%

Relative to 20-period average volume

Strength
Range
Price Levels
$65.8 - $100.84

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+25.86% · 3.3 ATR above latest close

$107.53
Nearest resistance

+18.02% · 2.3 ATR above · 34-bar high

$100.84
Current price

Price shown is delayed

$85.44
Nearest support

-22.99% · 2.9 ATR below · 34-bar low

$65.8
Deeper support zone

-30.82% · 3.9 ATR below latest close

$59.1
ATR zone

Latest close ± ATR14

$78.74 - $92.14

Indicators

Trend

Dow Theory Structure

Confirmation $99.26, invalidation $83.8

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

Trend strength is moderate

16.6 / 18.7 / 28.2Bearish
Supertrend (10,3)

Price is above Supertrend

$63.71Bullish
Ichimoku Cloud

Cloud Span A / Span B

$90.64 / $79.84Bearish
Donchian Channel (20)

20-period breakout channel position

20%Range

Volatility

ATR (14)

High volatility

$6.7 (7.84%)Bearish
Bollinger Bands (20,2)

Width 16.60%

8%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$102.93 / $76.19Bearish
ATR channel lower / upper

Current Volatility Envelope

$78.74 / $92.14Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$100.84Range
Support

Nearest Downside Decision Level

$65.8Range

Momentum

RSI (14)

Neutral zone

46.6Range
MACD (12,26,9)

Histogram is negative

-1.762Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

19.6 / 15.8Bullish
Williams %R (14)

Oversold zone

-80.4Bullish
CCI (20)

Weak expansion

-159.4Bearish
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.1Range
OBV slope

20-period OBV slope

-20.85%Bearish
Volume ratio

Relative to 20-period average volume

0.22xBearish

Trend

Dow Theory Structure

Confirmation $99.26, invalidation $83.8

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

Trend strength is moderate

16.6 / 18.7 / 28.2Bearish
Supertrend (10,3)

Price is above Supertrend

$63.71Bullish
Ichimoku Cloud

Cloud Span A / Span B

$90.64 / $79.84Bearish
Donchian Channel (20)

20-period breakout channel position

20%Range

Momentum

RSI (14)

Neutral zone

46.6Range
MACD (12,26,9)

Histogram is negative

-1.762Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

19.6 / 15.8Bullish
Williams %R (14)

Oversold zone

-80.4Bullish
CCI (20)

Weak expansion

-159.4Bearish
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

High volatility

$6.7 (7.84%)Bearish
Bollinger Bands (20,2)

Width 16.60%

8%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$102.93 / $76.19Bearish
ATR channel lower / upper

Current Volatility Envelope

$78.74 / $92.14Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.1Range
OBV slope

20-period OBV slope

-20.85%Bearish
Volume ratio

Relative to 20-period average volume

0.22xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$100.84Range
Support

Nearest Downside Decision Level

$65.8Range

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