SOUTHERN CO/THE (SO)

US8425871071 - Common Stock

74.37  +0.46 (+0.62%)

After market: 74.37 0 (0%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to SO. SO has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.

The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
SO is part of the Electric Utilities industry. There are 45 other stocks in this industry. SO outperforms 77% of them.
SO is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SO is performing more or less in line with the market.
In the last month SO has a been trading in the 67.53 - 74.85 range, which is quite wide. It is currently trading near the high of this range.
SO has an average volume of 4855070 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 57% of all stocks.
Weekly and Daily overview Charts
SO Weekly chart
SO Daily chart
Setup Rating and Analysis

3

Although SO has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

62.87

75.12

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 69.09 to 71.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 67.34 to 67.74. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 64.72 to 66.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @63.51 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 74.38 to 74.38. 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
CRS57.36
Mansfield-0.28
10 Day High74.85
10 Day Low67.53
20 Day High74.85
20 Day Low67.53
52 Week High75.8
52 Week Low61.56
Performance
1 Week5.38%
2 Weeks6.88%
1 Month4.67%
3 Month7.61%
6 Month11.78%
12 Month1.11%
2 Year1.34%
3 Year12.39%
5 Year39.74%
10 Year62.27%
15 Year157.51%
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)0.47
RSI(14)70.83
LBB66.77
UBB74.94
SO Daily chart

SOUTHERN CO/THE

NYSE:SO (4/25/2024, 4:31:44 PM)

After market: 74.37 0 (0%)

74.37

+0.46 (+0.62%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.62%
1 Week5.38%
2 Weeks6.88%
1 Month4.67%
3 Month7.61%
6 Month11.78%
12 Month1.11%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.41
ATR(20)%1.79%
ATR Inc
Range Today1.64
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 High74.85
10 Day Low67.53
20 Day High74.85
20 Day Low67.53
52 Week High75.8
52 Week Low61.56
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume6.16M
Volume Incr35.09%
Vol(5)5.96M
Vol(50)4.86M