SOUTHERN CO/THE (SO)

US8425871071 - Common Stock

80.14  +2.06 (+2.64%)

After market: 80.45 +0.31 (+0.39%)

Technical Rating and Analysis

9

Overall SO gets a technical rating of 9 out of 10. Both in the recent history as in the last year, SO has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
SO is part of the Electric Utilities industry. There are 45 other stocks in this industry. SO outperforms 84% of them.
A new 52 week high is currently being made by SO, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month SO has a been trading in the 74.88 - 80.23 range, which is quite wide. It is currently trading near the high of this range.
SO has an average volume of 4831450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, SO did better than 82% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Weekly and Daily overview Charts
SO Weekly chart
SO Daily chart
Setup Rating and Analysis

2

Although SO has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

62.87

80.95

When analyzing the support we can see 6 important areas.

  • A support zone ranging from 77.17 to 78.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 70.39 to 70.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 68.62 to 68.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 67.34 to 67.43. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @65.43 from a horizontal line in the daily time frame.
  • Support @63.51 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 80.15 to 80.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.63
Mansfield0.14
10 Day High80.23
10 Day Low76.64
20 Day High80.23
20 Day Low74.88
52 Week High80.23
52 Week Low61.56
Performance
1 Week3.85%
2 Weeks0.96%
1 Month6.39%
3 Month19.86%
6 Month12.05%
12 Month15.39%
2 Year5.92%
3 Year25.38%
5 Year49.79%
10 Year83.05%
15 Year182.08%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.25
RSI(14)67.29
LBB76.79
UBB80.52
SO Daily chart

SOUTHERN CO/THE

NYSE:SO (5/31/2024, 7:06:37 PM)

After market: 80.45 +0.31 (+0.39%)

80.14

+2.06 (+2.64%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg2.64%
1 Week3.85%
2 Weeks0.96%
1 Month6.39%
3 Month19.86%
6 Month12.05%
12 Month15.39%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.08
ATR(20)%1.42%
ATR Inc
Range Today2.08
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High80.23
10 Day Low76.64
20 Day High80.23
20 Day Low74.88
52 Week High80.23
52 Week Low61.56
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume7.17M
Volume Incr-17.16%
Vol(5)4.24M
Vol(50)4.83M