US stock / ETF

The Southern Company

SO · NYSE · USD

1 weekBearish86%
Weekly Downside probability 86%Bearish

SO 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $89.81 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 38.3, MACD -1.055

Weekly
Volatility EnvironmentRange
Medium volatility

ATR is $3.36 (3.94%)

Weekly

EMA Structure

Bearish
EMA 8$86.59Bearish
EMA 21$89.81Bearish
EMA 50$91.12Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.3 · MACD -1.055

Momentum is weak

Strength
Bearish
Volatility
ATR $3.36 · BB 19.96%

Medium volatility

Strength
Range
Volume
MFI 9.5 · OBV -9.05%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$81.69 - $99.58

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+20.49% · 5.2 ATR above latest close

$102.94
Nearest resistance

+16.55% · 4.2 ATR above · 34-bar high

$99.58
Current price

Price shown is delayed

$85.44
Nearest support

-4.39% · 1.1 ATR below · 34-bar low

$81.69
Deeper support zone

-8.33% · 2.1 ATR below latest close

$78.33
ATR zone

Latest close ± ATR14

$82.08 - $88.8

Indicators

Trend

Dow Theory Structure

Confirmation $89.02, invalidation $98.86

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

Trend strength is moderate

21.7 / 7.2 / 28.1Bearish
Supertrend (10,3)

Price is above Supertrend

$75.99Bullish
Ichimoku Cloud

Cloud Span A / Span B

$89.03 / $91.26Bearish
Donchian Channel (20)

20-period breakout channel position

21%Bearish

Volatility

ATR (14)

Medium volatility

$3.36 (3.94%)Range
Bollinger Bands (20,2)

Width 19.96%

18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$95.37 / $83.97Range
ATR channel lower / upper

Current Volatility Envelope

$82.08 / $88.8Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$99.58Range
Support

Nearest Downside Decision Level

$81.69Range

Momentum

RSI (14)

Momentum is weak

38.3Bearish
MACD (12,26,9)

Histogram is negative

-1.055Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

21.3 / 12.5Bullish
Williams %R (14)

Neutral zone

-78.7Range
CCI (20)

Weak expansion

-115.8Bearish
TD Sequential

Exhaustion setup is near completion

buy 11Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

9.5Bearish
OBV slope

20-period OBV slope

-9.05%Bearish
Volume ratio

Relative to 20-period average volume

0.36xBearish

Trend

Dow Theory Structure

Confirmation $89.02, invalidation $98.86

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

Trend strength is moderate

21.7 / 7.2 / 28.1Bearish
Supertrend (10,3)

Price is above Supertrend

$75.99Bullish
Ichimoku Cloud

Cloud Span A / Span B

$89.03 / $91.26Bearish
Donchian Channel (20)

20-period breakout channel position

21%Bearish

Momentum

RSI (14)

Momentum is weak

38.3Bearish
MACD (12,26,9)

Histogram is negative

-1.055Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

21.3 / 12.5Bullish
Williams %R (14)

Neutral zone

-78.7Range
CCI (20)

Weak expansion

-115.8Bearish
TD Sequential

Exhaustion setup is near completion

buy 11Bullish

Volatility

ATR (14)

Medium volatility

$3.36 (3.94%)Range
Bollinger Bands (20,2)

Width 19.96%

18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$95.37 / $83.97Range
ATR channel lower / upper

Current Volatility Envelope

$82.08 / $88.8Range

Volume / Money Flow

MFI (14)

Money flow is weak

9.5Bearish
OBV slope

20-period OBV slope

-9.05%Bearish
Volume ratio

Relative to 20-period average volume

0.36xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$99.58Range
Support

Nearest Downside Decision Level

$81.69Range

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