US stock / ETF

The Southern Company

SO · NYSE · USD

4 hoursRange47%
4h Range probability 94%Range

SO 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: price is below EMA21, short trend is weak

Confirmation Trigger

Break either side of $94.58 - $98.82 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 45.2, MACD 0.019

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.7514 (0.79%)

4h

EMA Structure

Range
EMA 8$95.75Bearish
EMA 21$95.83Bearish
EMA 50$95.77Bearish

Signals

CategoryReadStrength
Momentum
RSI 45.2 · MACD 0.019

Neutral zone

Strength
Bearish
Volatility
ATR $0.7514 · BB 2.57%

Low volatility

Strength
Bullish
Volume
MFI 56.2 · OBV -7.38%

Relative to 20-period average volume

Strength
Range
Price Levels
$94.58 - $98.82

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+4.48% · 5.7 ATR above latest close

$99.57
Nearest resistance

+3.69% · 4.7 ATR above · 34-bar high

$98.82
Current price

Price shown is delayed

$95.3
Nearest support

-0.76% · 1.0 ATR below · 34-bar low

$94.58
Deeper support zone

-1.54% · 2.0 ATR below latest close

$93.83
ATR zone

Latest close ± ATR14

$94.55 - $96.05

Indicators

Trend

Dow Theory Structure

Confirmation $97.64, invalidation $94.58

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

25.1 / 38.0 / 29.1Bullish
Supertrend (10,3)

Price is above Supertrend

$93.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$96.11 / $96.7Bearish
Donchian Channel (20)

20-period breakout channel position

24%Bearish

Volatility

ATR (14)

Low volatility

$0.7514 (0.79%)Bullish
Bollinger Bands (20,2)

Width 2.57%

30%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$97.22 / $94.42Bullish
ATR channel lower / upper

Current Volatility Envelope

$94.55 / $96.05Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$98.82Range
Support

Nearest Downside Decision Level

$94.58Range

Momentum

RSI (14)

Neutral zone

45.2Range
MACD (12,26,9)

Histogram is positive

0.019Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

23.5 / 41.9Bearish
Williams %R (14)

Neutral zone

-76.5Range
CCI (20)

Balanced zone

-68.5Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

56.2Bullish
OBV slope

20-period OBV slope

-7.38%Bearish
Volume ratio

Relative to 20-period average volume

1.83xBullish

Trend

Dow Theory Structure

Confirmation $97.64, invalidation $94.58

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

25.1 / 38.0 / 29.1Bullish
Supertrend (10,3)

Price is above Supertrend

$93.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$96.11 / $96.7Bearish
Donchian Channel (20)

20-period breakout channel position

24%Bearish

Momentum

RSI (14)

Neutral zone

45.2Range
MACD (12,26,9)

Histogram is positive

0.019Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

23.5 / 41.9Bearish
Williams %R (14)

Neutral zone

-76.5Range
CCI (20)

Balanced zone

-68.5Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$0.7514 (0.79%)Bullish
Bollinger Bands (20,2)

Width 2.57%

30%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$97.22 / $94.42Bullish
ATR channel lower / upper

Current Volatility Envelope

$94.55 / $96.05Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

56.2Bullish
OBV slope

20-period OBV slope

-7.38%Bearish
Volume ratio

Relative to 20-period average volume

1.83xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$98.82Range
Support

Nearest Downside Decision Level

$94.58Range

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