SOUTHERN CO/THE (SO) Technical Analysis
NYSE:SO • US8425871071
Current stock price
93.39 USD
-2.84 (-2.95%)
At close:
93.99 USD
+0.6 (+0.64%)
After Hours:
SO Technical Rating and Analysis
Taking everything into account, SO scores 5 out of 10 in our technical rating. 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.
- In the last month SO has a been trading in the 93.15 - 99.58 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- SO has an average volume of 6436880 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 70% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- SO is an average performer in the Electric Utilities industry, it outperforms 53% of 46 stocks in the same industry.
- SO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SO is lagging the market slightly.
SO Weekly and Daily overview Charts
SO Setup Rating and Analysis
SO has an average technical rating and it also 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
SO Support and Resistance Analysis
83.24
100.72
When analyzing the support we can see 3 important areas.
- A support zone ranging from 92.35 to 93.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @88.42 from a horizontal line in the daily time frame.
- A support zone ranging from 84.08 to 85.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 96.81 to 99.72. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for SO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SO is neutral. |
| ChartMill Relative Strength | 70.06 | POSITIVE | SO has a high relative strength, it outperformed 70.06% off all stocks 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 | 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) | 42.04 | NEUTRAL | The RSI value for SO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.57 | NEGATIVE | The MACD value suggests SO has a negative trend. |
| Stochastics (14,3) | 18.26 | 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) | 25.49 | POSITIVE | The high ADX value value for SO suggests a strong 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
93.39
-2.84 (-2.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-2.95%
1 Week-4.71%
2 Weeks-4.2%
1 Month-0.97%
3 Month9.51%
6 Month1.73%
12 Month4.51%
2 Year30.18%
3 Year34.22%
5 Year50.24%
10 Year80.53%
15 Year145.05%
Volatility
ATR(14)1.72
ATR(20)%1.77%
ATR Inc55.61%
Range Today3.3
ADR(20)1.61
ADR(20)%1.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.06
3 months CRS86.92
6 months CRS69.86
Mansfield-0.01
10 Day High99.58
10 Day Low93.15
20 Day High99.58
20 Day Low93.15
52 Week High100.84
52 Week Low83.09
CS1 End93.57
CR1 Start96.85
Volume & EV
DER(3)-2.27%
DER(5)-1.63%
Volume9.91M
Volume Incr-23.35%
Vol(5)5.53M
Vol(50)6.44M
SOUTHERN CO/THE / SO TA FAQ
What is the technical rating for SO stock?
ChartMill assigns a technical rating of 8 / 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 Bullish.
What is the RSI signal for SOUTHERN CO/THE (SO) stock?
SOUTHERN CO/THE (SO) has an RSI value of 42.0393. This indicates that the stock is currently neutral.
What is the short term momentum for SO stock?
The short term momentum for SOUTHERN CO/THE (SO) is neutral.