US stock / ETF

The Southern Company

SO · NYSE · USD

4 hoursBearish75%
4h Downside probability 75%Bearish

SO 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $90 and stabilize above resistance $93.48.

Invalidation Trigger

Break above $93.48 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 35.4, MACD -0.049

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.5147 (0.58%)

4h

EMA Structure

Bearish
EMA 8$89.32Bearish
EMA 21$90Bearish
EMA 50$91.1Bearish

Signals

CategoryReadStrength
Momentum
RSI 35.4 · MACD -0.049

Momentum is weak

Strength
Bearish
Volatility
ATR $0.5147 · BB 2.81%

Low volatility

Strength
Bullish
Volume
MFI 51.1 · OBV 2.99%

Relative to 20-period average volume

Strength
Range
Price Levels
$88.28 - $93.48

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+5.55% · 9.6 ATR above latest close

$93.99
Nearest resistance

+4.97% · 8.6 ATR above · 34-bar high

$93.48
Current price

Price shown is delayed

$89.05
Nearest support

-0.86% · 1.5 ATR below · 34-bar low

$88.28
Deeper support zone

-1.44% · 2.5 ATR below latest close

$87.77
ATR zone

Latest close ± ATR14

$88.54 - $89.56

Indicators

Trend

Dow Theory Structure

Confirmation $90.58, invalidation $89.77

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

31.5 / 25.7 / 27.9Bearish
Supertrend (10,3)

Price is above Supertrend

$87.42Bullish
Ichimoku Cloud

Cloud Span A / Span B

$89.98 / $90.88Bearish
Donchian Channel (20)

20-period breakout channel position

22%Bearish

Volatility

ATR (14)

Low volatility

$0.5147 (0.58%)Bullish
Bollinger Bands (20,2)

Width 2.81%

21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$91.04 / $88.86Bullish
ATR channel lower / upper

Current Volatility Envelope

$88.54 / $89.56Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$93.48Range
Support

Nearest Downside Decision Level

$88.28Range

Momentum

RSI (14)

Momentum is weak

35.4Bearish
MACD (12,26,9)

Histogram is negative

-0.049Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

33.5 / 20.7Bullish
Williams %R (14)

Neutral zone

-66.5Range
CCI (20)

Weak expansion

-109.2Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.1Range
OBV slope

20-period OBV slope

2.99%Bullish
Volume ratio

Relative to 20-period average volume

1.63xBullish

Trend

Dow Theory Structure

Confirmation $90.58, invalidation $89.77

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

31.5 / 25.7 / 27.9Bearish
Supertrend (10,3)

Price is above Supertrend

$87.42Bullish
Ichimoku Cloud

Cloud Span A / Span B

$89.98 / $90.88Bearish
Donchian Channel (20)

20-period breakout channel position

22%Bearish

Momentum

RSI (14)

Momentum is weak

35.4Bearish
MACD (12,26,9)

Histogram is negative

-0.049Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

33.5 / 20.7Bullish
Williams %R (14)

Neutral zone

-66.5Range
CCI (20)

Weak expansion

-109.2Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

Low volatility

$0.5147 (0.58%)Bullish
Bollinger Bands (20,2)

Width 2.81%

21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$91.04 / $88.86Bullish
ATR channel lower / upper

Current Volatility Envelope

$88.54 / $89.56Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.1Range
OBV slope

20-period OBV slope

2.99%Bullish
Volume ratio

Relative to 20-period average volume

1.63xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$93.48Range
Support

Nearest Downside Decision Level

$88.28Range

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