SOUTHERN CO/THE (SO) Stock Technical Analysis
USA - NYSE:SO - US8425871071 - Common Stock
98.43 USD
-1.29 (-1.29%)
99.22 USD
+0.79 (+0.8%)
Overall SO gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SO is only an average performer.
The long and short term trends are both positive. This is looking good!
SO is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month SO has a been trading in the 90.34 - 100.83 range, which is quite wide. It is currently trading near the high of this range.
SO has an average volume of 4811080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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 59% of all stocks.
SO is an average performer in the Electric Utilities industry, it outperforms 41% of 47 stocks in the same industry.
Although SO has an excellent technical rating, it does not offer a high 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
85.81
99.41
3 important support areas can be observed.
- A support zone ranging from 92.93 to 95.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @89.71 from a trend line in the daily time frame.
- A support zone ranging from 86.68 to 88.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for SO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SO is up. |
| ChartMill Relative Strength | 59.09 | NEUTRAL | SO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.79 | NEUTRAL | The RSI value for SO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.44 | POSITIVE | The MACD value suggests SO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.91 | OVERBOUGHT | The high Stochastics value suggests SO may be overbought. |
| Average True Range in percent/ATR (20) | 1.39 | LOW VOLATILITY | The low ATR as a percentage value for SO suggests low volalility. |
| Average Directional Index/ADX (14) | 31.82 | POSITIVE | The high ADX value value for SO suggests a strong trend. |
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)
98.43
-1.29 (-1.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-1.29%
1 Week2.39%
2 Weeks4.84%
1 Month7.63%
3 Month4.6%
6 Month7.21%
12 Month5.57%
2 Year46.26%
3 Year50.32%
5 Year71.33%
10 Year118.25%
15 Year159.92%
Volatility
ATR(14)1.37
ATR(20)%1.39%
ATR Inc36.64%
Range Today2.45
ADR(20)1.31
ADR(20)%1.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.09
Mansfield-0.04
10 Day High100.84
10 Day Low93.5
20 Day High100.84
20 Day Low90.35
52 Week High100.84
52 Week Low80.46
CS1 End95.54
CR1 StartN/A
Volume & EV
DER(3)0.79%
DER(5)1.52%
Volume4.93M
Volume Incr-2.27%
Vol(5)5.42M
Vol(50)4.81M