SOUTHERN CO - SO 4.95 01/30/2080 (SOJD) Technical Analysis
NYSE:SOJD • US8425878001
Current stock price
SOJD Technical Rating and Analysis
Overall SOJD gets a technical rating of 5 out of 10. SOJD has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- SOJD is part of the Electric Utilities industry. There are 47 other stocks in this industry, of which 67% are performing better than SOJD.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month SOJD has a been trading in the 19.30 - 20.62 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, SOJD outperforms 40% of them, which is more or less in line with the market.
- SOJD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SOJD is lagging the market.
- Considerably lower volume is observed in the last couple of days.
SOJD Weekly and Daily overview Charts
SOJD Setup Rating and Analysis
Although the technical rating is only medium, SOJD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 20.69. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.44, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
SOJD Support and Resistance Analysis
19.11
When analyzing the support we can see 2 important areas.
- A support zone ranging from 20.17 to 20.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.30 to 19.64. 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 20.69 to 20.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @21.25 from a horizontal line in the daily time frame.
SOJD 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 SOJD is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SOJD is up. |
| ChartMill Relative Strength | 40.46 | NEUTRAL | SOJD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SOJD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SOJD is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SOJD is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.38 | NEUTRAL | The RSI value for SOJD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests SOJD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.7 | NEUTRAL | The Stochastics value for SOJD is a neutral value. |
| Average True Range in percent/ATR (20) | 0.85 | LOW VOLATILITY | The low ATR as a percentage value for SOJD suggests low volalility. |
| Average Directional Index/ADX (14) | 29.36 | POSITIVE | The high ADX value value for SOJD suggests a strong trend. |
SOJD Chart- and CandleStick Pattern Analysis
SOJD Technicals: Chart, Performance Metrics, Trend & Indicators
20.45
-0.03 (-0.15%)
SOUTHERN CO - SO 4.95 01/30/2080 / SOJD TA FAQ
What is the technical rating for SOJD stock?
ChartMill assigns a technical rating of 5 / 10 to SOJD.
What is the trend direction for SOJD stock?
The current trend direction for SOUTHERN CO - SO 4.95 01/30/2080 (SOJD) is Bearish.
Can you provide the RSI signal for SOUTHERN CO - SO 4.95 01/30/2080?
SOUTHERN CO - SO 4.95 01/30/2080 (SOJD) has an RSI value of 59.384. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SOUTHERN CO - SO 4.95 01/30/2080?
The MACD indicator for SOUTHERN CO - SO 4.95 01/30/2080 (SOJD) has a value of 0.0495553, indicating a bearish trend.