US stock / ETF

The Southern Company

SO · NYSE · USD

1 weekBearish87%
Weekly Downside probability 87%Bearish

SO 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $91.77 and stabilize above resistance $99.58.

Invalidation Trigger

Break above $99.58 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 35.7, MACD -1.065

Weekly
Volatility EnvironmentRange
Medium volatility

ATR is $3.46 (4.01%)

Weekly

EMA Structure

Bearish
EMA 8$89.39Bearish
EMA 21$91.77Bearish
EMA 50$92.05Bearish

Signals

CategoryReadStrength
Momentum
RSI 35.7 · MACD -1.065

Momentum is weak

Strength
Bearish
Volatility
ATR $3.46 · BB 14.35%

Medium volatility

Strength
Range
Volume
MFI 38.0 · OBV -5.12%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$85.87 - $99.58

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+19.49% · 4.9 ATR above latest close

$103.04
Nearest resistance

+15.48% · 3.9 ATR above · 34-bar high

$99.58
Current price

Price shown is delayed

$86.23
Nearest support

-0.42% · 0.1 ATR below · 34-bar low

$85.87
Deeper support zone

-4.43% · 1.1 ATR below latest close

$82.41
ATR zone

Latest close ± ATR14

$82.77 - $89.69

Indicators

Trend

Dow Theory Structure

Confirmation $89.02, invalidation $98.86

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

Trend strength is moderate

11.8 / 10.6 / 18.7Bearish
Supertrend (10,3)

Price is above Supertrend

$76.77Bullish
Ichimoku Cloud

Cloud Span A / Span B

$92.47 / $92.32Bearish
Donchian Channel (20)

20-period breakout channel position

3%Bearish

Volatility

ATR (14)

Medium volatility

$3.46 (4.01%)Range
Bollinger Bands (20,2)

Width 14.35%

2%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$98.46 / $84.92Range
ATR channel lower / upper

Current Volatility Envelope

$82.77 / $89.69Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$99.58Range
Support

Nearest Downside Decision Level

$85.87Range

Momentum

RSI (14)

Momentum is weak

35.7Bearish
MACD (12,26,9)

Histogram is negative

-1.065Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

2.7 / 4.1Bearish
Williams %R (14)

Oversold zone

-97.3Bullish
CCI (20)

Weak expansion

-173.1Bearish
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

38.0Bearish
OBV slope

20-period OBV slope

-5.12%Bearish
Volume ratio

Relative to 20-period average volume

0.61xBearish

Trend

Dow Theory Structure

Confirmation $89.02, invalidation $98.86

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

Trend strength is moderate

11.8 / 10.6 / 18.7Bearish
Supertrend (10,3)

Price is above Supertrend

$76.77Bullish
Ichimoku Cloud

Cloud Span A / Span B

$92.47 / $92.32Bearish
Donchian Channel (20)

20-period breakout channel position

3%Bearish

Momentum

RSI (14)

Momentum is weak

35.7Bearish
MACD (12,26,9)

Histogram is negative

-1.065Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

2.7 / 4.1Bearish
Williams %R (14)

Oversold zone

-97.3Bullish
CCI (20)

Weak expansion

-173.1Bearish
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volatility

ATR (14)

Medium volatility

$3.46 (4.01%)Range
Bollinger Bands (20,2)

Width 14.35%

2%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$98.46 / $84.92Range
ATR channel lower / upper

Current Volatility Envelope

$82.77 / $89.69Range

Volume / Money Flow

MFI (14)

Money flow is weak

38.0Bearish
OBV slope

20-period OBV slope

-5.12%Bearish
Volume ratio

Relative to 20-period average volume

0.61xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$99.58Range
Support

Nearest Downside Decision Level

$85.87Range

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