US stock / ETF

The Southern Company

SO · NYSE · USD

1 weekBullish77%
Weekly Upside probability 77%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 $83.8 and reclaim $99.58.

Invalidation Trigger

Lose $83.8 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 52.7, MACD 0.087

Weekly
Volatility EnvironmentRange
Medium volatility

ATR is $3.75 (3.94%)

Weekly

EMA Structure

Bullish
EMA 8$95.24Bullish
EMA 21$94.38Bullish
EMA 50$92.81Bullish

Signals

CategoryReadStrength
Momentum
RSI 52.7 · MACD 0.087

Neutral zone

Strength
Bullish
Volatility
ATR $3.75 · BB 8.61%

Medium volatility

Strength
Range
Volume
MFI 50.8 · OBV 10.41%

Relative to 20-period average volume

Strength
Range
Price Levels
$83.8 - $99.58

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+8.43% · 2.1 ATR above latest close

$103.33
Nearest resistance

+4.49% · 1.1 ATR above · 34-bar high

$99.58
Current price

Price shown is delayed

$95.3
Nearest support

-12.07% · 3.1 ATR below · 34-bar low

$83.8
Deeper support zone

-16.01% · 4.1 ATR below latest close

$80.05
ATR zone

Latest close ± ATR14

$91.55 - $99.05

Indicators

Trend

Dow Theory Structure

Confirmation $89.02, invalidation $97.4

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

Trend strength is moderate

19.2 / 17.5 / 17.0Bullish
Supertrend (10,3)

Price is above Supertrend

$85.74Bullish
Ichimoku Cloud

Cloud Span A / Span B

$93.69 / $92.32Bullish
Donchian Channel (20)

20-period breakout channel position

59%Bullish

Volatility

ATR (14)

Medium volatility

$3.75 (3.94%)Range
Bollinger Bands (20,2)

Width 8.61%

53%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$101.54 / $87.33Range
ATR channel lower / upper

Current Volatility Envelope

$91.55 / $99.05Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$99.58Range
Support

Nearest Downside Decision Level

$83.8Range

Momentum

RSI (14)

Neutral zone

52.7Range
MACD (12,26,9)

Histogram is positive

0.087Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

61.3 / 73.4Bearish
Williams %R (14)

Neutral zone

-38.7Range
CCI (20)

Balanced zone

45.6Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.8Range
OBV slope

20-period OBV slope

10.41%Bullish
Volume ratio

Relative to 20-period average volume

0.67xBearish

Trend

Dow Theory Structure

Confirmation $89.02, invalidation $97.4

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

Trend strength is moderate

19.2 / 17.5 / 17.0Bullish
Supertrend (10,3)

Price is above Supertrend

$85.74Bullish
Ichimoku Cloud

Cloud Span A / Span B

$93.69 / $92.32Bullish
Donchian Channel (20)

20-period breakout channel position

59%Bullish

Momentum

RSI (14)

Neutral zone

52.7Range
MACD (12,26,9)

Histogram is positive

0.087Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

61.3 / 73.4Bearish
Williams %R (14)

Neutral zone

-38.7Range
CCI (20)

Balanced zone

45.6Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Medium volatility

$3.75 (3.94%)Range
Bollinger Bands (20,2)

Width 8.61%

53%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$101.54 / $87.33Range
ATR channel lower / upper

Current Volatility Envelope

$91.55 / $99.05Range

Volume / Money Flow

MFI (14)

Money flow is neutral

50.8Range
OBV slope

20-period OBV slope

10.41%Bullish
Volume ratio

Relative to 20-period average volume

0.67xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$99.58Range
Support

Nearest Downside Decision Level

$83.8Range

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