US stock / ETF

The Southern Company

SO · NYSE · USD

4 hoursBullish76%
4h Upside probability 76%Bullish

SO 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Hold above $87.4 and reclaim $94.04.

Invalidation Trigger

Lose $87.4 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateRange
Momentum mixed

RSI 59.3, MACD -0.124

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.6693 (0.72%)

4h

EMA Structure

Bullish
EMA 8$92.52Bearish
EMA 21$91.73Bullish
EMA 50$89.9Bullish

Signals

CategoryReadStrength
Momentum
RSI 59.3 · MACD -0.124

Momentum is strong

Strength
Range
Volatility
ATR $0.6693 · BB 6.20%

Low volatility

Strength
Bullish
Volume
MFI 39.7 · OBV -1.40%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$87.4 - $94.04

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.59% · 3.6 ATR above latest close

$94.71
Nearest resistance

+1.86% · 2.6 ATR above · 34-bar high

$94.04
Current price

Price shown is delayed

$92.32
Nearest support

-5.33% · 7.4 ATR below · 34-bar low

$87.4
Deeper support zone

-6.06% · 8.4 ATR below latest close

$86.73
ATR zone

Latest close ± ATR14

$91.65 - $92.99

Indicators

Trend

Dow Theory Structure

Confirmation $93.4, invalidation $92.22

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

Trend strength is active

50.9 / 53.8 / 5.1Bullish
Supertrend (10,3)

Price is above Supertrend

$90.43Bullish
Ichimoku Cloud

Cloud Span A / Span B

$92.31 / $89.54Bullish
Donchian Channel (20)

20-period breakout channel position

66%Bullish

Volatility

ATR (14)

Low volatility

$0.6693 (0.72%)Bullish
Bollinger Bands (20,2)

Width 6.20%

61%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$93.14 / $90.47Bullish
ATR channel lower / upper

Current Volatility Envelope

$91.65 / $92.99Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$94.04Range
Support

Nearest Downside Decision Level

$87.4Range

Momentum

RSI (14)

Momentum is strong

59.3Bullish
MACD (12,26,9)

Histogram is negative

-0.124Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

52.9 / 57.8Bearish
Williams %R (14)

Neutral zone

-47.1Range
CCI (20)

Balanced zone

36.3Range
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

39.7Bearish
OBV slope

20-period OBV slope

-1.40%Bearish
Volume ratio

Relative to 20-period average volume

0.98xRange

Trend

Dow Theory Structure

Confirmation $93.4, invalidation $92.22

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

Trend strength is active

50.9 / 53.8 / 5.1Bullish
Supertrend (10,3)

Price is above Supertrend

$90.43Bullish
Ichimoku Cloud

Cloud Span A / Span B

$92.31 / $89.54Bullish
Donchian Channel (20)

20-period breakout channel position

66%Bullish

Momentum

RSI (14)

Momentum is strong

59.3Bullish
MACD (12,26,9)

Histogram is negative

-0.124Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

52.9 / 57.8Bearish
Williams %R (14)

Neutral zone

-47.1Range
CCI (20)

Balanced zone

36.3Range
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

Low volatility

$0.6693 (0.72%)Bullish
Bollinger Bands (20,2)

Width 6.20%

61%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$93.14 / $90.47Bullish
ATR channel lower / upper

Current Volatility Envelope

$91.65 / $92.99Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

39.7Bearish
OBV slope

20-period OBV slope

-1.40%Bearish
Volume ratio

Relative to 20-period average volume

0.98xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$94.04Range
Support

Nearest Downside Decision Level

$87.4Range

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