US stock / ETF

The Southern Company

SO · NYSE · USD

1 weekBullish82%
Weekly Upside probability 82%Bullish

SO 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $83.81 and reclaim $99.5.

Invalidation Trigger

Lose $83.81 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 57.0, MACD -0.057

Weekly
Volatility EnvironmentRange
Medium volatility

ATR is $3.54 (3.65%)

Weekly

EMA Structure

Bullish
EMA 8$94.28Bullish
EMA 21$93.77Bullish
EMA 50$92.36Bullish

Signals

CategoryReadStrength
Momentum
RSI 57.0 · MACD -0.057

Momentum is strong

Strength
Bullish
Volatility
ATR $3.54 · BB 8.43%

Medium volatility

Strength
Range
Volume
MFI 55.4 · OBV 38.80%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$83.81 - $99.5

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+6.21% · 1.7 ATR above latest close

$103.04
Nearest resistance

+2.56% · 0.7 ATR above · 34-bar high

$99.5
Current price

Price shown is delayed

$97.02
Nearest support

-13.62% · 3.7 ATR below · 34-bar low

$83.81
Deeper support zone

-17.27% · 4.7 ATR below latest close

$80.27
ATR zone

Latest close ± ATR14

$93.48 - $100.56

Indicators

Trend

Dow Theory Structure

Confirmation $89.03, invalidation $97.4

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

Trend strength is active

29.7 / 18.4 / 17.4Bullish
Supertrend (10,3)

Price is above Supertrend

$84.11Bullish
Ichimoku Cloud

Cloud Span A / Span B

$92.79 / $92.32Bullish
Donchian Channel (20)

20-period breakout channel position

77%Bullish

Volatility

ATR (14)

Medium volatility

$3.54 (3.65%)Range
Bollinger Bands (20,2)

Width 8.43%

76%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$101.14 / $86.48Range
ATR channel lower / upper

Current Volatility Envelope

$93.48 / $100.56Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$99.5Range
Support

Nearest Downside Decision Level

$83.81Range

Momentum

RSI (14)

Momentum is strong

57.0Bullish
MACD (12,26,9)

Histogram is negative

-0.057Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

84.5 / 57.0Bullish
Williams %R (14)

Overbought zone

-15.5Bearish
CCI (20)

Balanced zone

46.3Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

55.4Bullish
OBV slope

20-period OBV slope

38.80%Bullish
Volume ratio

Relative to 20-period average volume

1.13xBullish

Trend

Dow Theory Structure

Confirmation $89.03, invalidation $97.4

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

Trend strength is active

29.7 / 18.4 / 17.4Bullish
Supertrend (10,3)

Price is above Supertrend

$84.11Bullish
Ichimoku Cloud

Cloud Span A / Span B

$92.79 / $92.32Bullish
Donchian Channel (20)

20-period breakout channel position

77%Bullish

Momentum

RSI (14)

Momentum is strong

57.0Bullish
MACD (12,26,9)

Histogram is negative

-0.057Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

84.5 / 57.0Bullish
Williams %R (14)

Overbought zone

-15.5Bearish
CCI (20)

Balanced zone

46.3Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Medium volatility

$3.54 (3.65%)Range
Bollinger Bands (20,2)

Width 8.43%

76%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$101.14 / $86.48Range
ATR channel lower / upper

Current Volatility Envelope

$93.48 / $100.56Range

Volume / Money Flow

MFI (14)

Money flow is strong

55.4Bullish
OBV slope

20-period OBV slope

38.80%Bullish
Volume ratio

Relative to 20-period average volume

1.13xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$99.5Range
Support

Nearest Downside Decision Level

$83.81Range

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