SOUTHERN CO/THE (SO) Stock Technical Analysis
USA - NYSE:SO - US8425871071 - Common Stock
Taking everything into account, SO scores 1 out of 10 in our technical rating. SO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
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
86.21
We found 1 important support area.
- A support zone ranging from 87.08 to 88.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 92.96 to 95.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 98.29 to 99.72. 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 | 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 | 41.87 | 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) | DOWN | NEGATIVE | The current price of SO is below a declining 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) | 35.12 | NEUTRAL | The RSI value for SO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.66 | NEGATIVE | The MACD value suggests SO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.22 | OVERSOLD | The low Stochastics value suggests SO may be oversold. |
| Average True Range in percent/ATR (20) | 1.77 | LOW VOLATILITY | The low ATR as a percentage value for SO suggests low volalility. |
| Average Directional Index/ADX (14) | 27.18 | POSITIVE | The high ADX value value for SO suggests a strong trend. |
91.44
+0.54 (+0.59%)
SOUTHERN CO/THE / SO FAQ
What is the technical rating for SO stock?
ChartMill assigns a technical rating of 1 / 10 to SO.
Can you provide the trend direction for SOUTHERN CO/THE?
The current trend direction for SOUTHERN CO/THE (SO) is Bearish.
What is the RSI signal for SOUTHERN CO/THE (SO) stock?
SOUTHERN CO/THE (SO) has an RSI value of 35.1164. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SOUTHERN CO/THE?
The short term momentum for SOUTHERN CO/THE (SO) is negative.
What are the support and resistance levels for SOUTHERN CO/THE (SO) stock?
SOUTHERN CO/THE (SO) has a support level at 88.22 and a resistance level at 92.96. Check the full technical report for our detailed analysis of SO support and resistance levels.