SOUTHERN CO/THE (SO) Technical Analysis
NYSE:SO • US8425871071
Current stock price
91.92 USD
-1.59 (-1.7%)
At close:
91.94 USD
+0.02 (+0.02%)
Pre-Market:
SO Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to SO. In the last year, SO was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- SO is part of the Electric Utilities industry. There are 47 other stocks in this industry, of which 67% are performing better than SO.
- In the last month SO has a been trading in the 91.91 - 98.49 range, which is quite wide. It is currently trading near the lows of this range.
- SO has an average volume of 5927930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When comparing the performance of all stocks over the past year, SO turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
- SO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SO is lagging the market.
- Considerably lower volume is observed in the last couple of days.
SO Weekly and Daily overview Charts
SO Setup Rating and Analysis
The technical rating of SO is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
SO Support and Resistance Analysis
83.24
100.72
We found 2 important support areas.
- Support @86.16 from a trend line in the weekly time frame.
- A support zone ranging from 84.08 to 84.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 94.14 to 95.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 97.63 to 99.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
SO Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for SO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SO is down. |
| ChartMill Relative Strength | 45.2 | NEUTRAL | SO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 31.74 | NEUTRAL | The RSI value for SO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.55 | NEGATIVE | The MACD value suggests SO has a negative trend. |
| Stochastics (14,3) | 9.06 | OVERSOLD | The low Stochastics value suggests SO may be oversold. |
| Average True Range in percent/ATR (20) | 1.64 | LOW VOLATILITY | The low ATR as a percentage value for SO suggests low volalility. |
| Average Directional Index/ADX (14) | 17.68 | NEGATIVE | The low ADX value for SO suggests a weak or negative trend. |
SO Chart- and CandleStick Pattern Analysis
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)
SO Technicals: Chart, Performance Metrics, Trend & Indicators
91.92
-1.59 (-1.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-1.7%
1 Week-4.21%
2 Weeks-5.06%
1 Month-1.95%
3 Month5%
6 Month-4.13%
12 Month1.65%
2 Year25.06%
3 Year24.98%
5 Year38.91%
10 Year83.47%
15 Year135.45%
Volatility
ATR(14)1.47
ATR(20)%1.64%
ATR Inc11.71%
Range Today1.82
ADR(20)1.45
ADR(20)%1.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.2
3 months CRS77.03
6 months CRS34.29
Mansfield-0.77
10 Day High98.49
10 Day Low91.91
20 Day High98.49
20 Day Low91.91
52 Week High100.84
52 Week Low83.09
CS1 End86.16
CR1 Start94.14
Volume & EV
DER(3)-3.97%
DER(5)-2.18%
Volume3.69M
Volume Incr-25.79%
Vol(5)3.66M
Vol(50)5.93M
SOUTHERN CO/THE / SO TA FAQ
What is the technical rating for SO stock?
ChartMill assigns a technical rating of 3 / 10 to SO.
What is the current trend direction of SOUTHERN CO/THE (SO) stock?
The current trend direction for SOUTHERN CO/THE (SO) is Bearish.
Can you provide the RSI signal for SOUTHERN CO/THE?
SOUTHERN CO/THE (SO) has an RSI value of 31.7365. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SOUTHERN CO/THE?
The MACD indicator for SOUTHERN CO/THE (SO) has a value of -0.549137, indicating a bearish trend.
What is the short term momentum for SOUTHERN CO/THE (SO) stock?
The short term momentum for SOUTHERN CO/THE (SO) is negative.