US stock / ETF

The Southern Company

SO · NYSE · USD

1 weekBearish73%
Weekly Downside probability 73%Bearish

SO 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $93.38 and stabilize above resistance $99.58.

Invalidation Trigger

Break above $99.58 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 40.5, MACD -0.785

Weekly
Volatility EnvironmentRange
Medium volatility

ATR is $3.84 (4.31%)

Weekly

EMA Structure

Range
EMA 8$92.25Bearish
EMA 21$93.38Bearish
EMA 50$92.71Bearish

Signals

CategoryReadStrength
Momentum
RSI 40.5 · MACD -0.785

Momentum is weak

Strength
Bearish
Volatility
ATR $3.84 · BB 10.24%

Medium volatility

Strength
Range
Volume
MFI 45.2 · OBV 6.01%

Relative to 20-period average volume

Strength
Range
Price Levels
$85.22 - $99.58

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+16.13% · 3.7 ATR above latest close

$103.42
Nearest resistance

+11.82% · 2.7 ATR above · 34-bar high

$99.58
Current price

Price shown is delayed

$89.05
Nearest support

-4.3% · 1.0 ATR below · 34-bar low

$85.22
Deeper support zone

-8.61% · 2.0 ATR below latest close

$81.38
ATR zone

Latest close ± ATR14

$85.21 - $92.89

Indicators

Trend

Dow Theory Structure

Confirmation $89.02, invalidation $98.86

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

Trend strength is moderate

10.6 / 12.3 / 18.2Bearish
Supertrend (10,3)

Price is above Supertrend

$77.85Bullish
Ichimoku Cloud

Cloud Span A / Span B

$93.85 / $92.32Bearish
Donchian Channel (20)

20-period breakout channel position

7%Bearish

Volatility

ATR (14)

Medium volatility

$3.84 (4.31%)Range
Bollinger Bands (20,2)

Width 10.24%

0%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$101.09 / $85.65Range
ATR channel lower / upper

Current Volatility Envelope

$85.21 / $92.89Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$99.58Range
Support

Nearest Downside Decision Level

$85.22Range

Momentum

RSI (14)

Momentum is weak

40.5Bearish
MACD (12,26,9)

Histogram is negative

-0.785Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.0 / 14.7Bearish
Williams %R (14)

Oversold zone

-93.0Bullish
CCI (20)

Weak expansion

-182.4Bearish
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

45.2Range
OBV slope

20-period OBV slope

6.01%Bullish
Volume ratio

Relative to 20-period average volume

0.54xBearish

Trend

Dow Theory Structure

Confirmation $89.02, invalidation $98.86

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

Trend strength is moderate

10.6 / 12.3 / 18.2Bearish
Supertrend (10,3)

Price is above Supertrend

$77.85Bullish
Ichimoku Cloud

Cloud Span A / Span B

$93.85 / $92.32Bearish
Donchian Channel (20)

20-period breakout channel position

7%Bearish

Momentum

RSI (14)

Momentum is weak

40.5Bearish
MACD (12,26,9)

Histogram is negative

-0.785Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.0 / 14.7Bearish
Williams %R (14)

Oversold zone

-93.0Bullish
CCI (20)

Weak expansion

-182.4Bearish
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

Medium volatility

$3.84 (4.31%)Range
Bollinger Bands (20,2)

Width 10.24%

0%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$101.09 / $85.65Range
ATR channel lower / upper

Current Volatility Envelope

$85.21 / $92.89Range

Volume / Money Flow

MFI (14)

Money flow is neutral

45.2Range
OBV slope

20-period OBV slope

6.01%Bullish
Volume ratio

Relative to 20-period average volume

0.54xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$99.58Range
Support

Nearest Downside Decision Level

$85.22Range

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