SOUTHERN CO/THE (SO)
US8425871071 - Common Stock
Taking everything into account, SO scores 3 out of 10 in our technical rating. In the last year, SO was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
SO is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
SO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SO is lagging the market slightly.
SO has an average volume of 4411890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
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 66% of all stocks.
SO is part of the Electric Utilities industry. There are 47 other stocks in this industry, SO did better than 65% of them.
Although the technical rating is bad, SO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 88.26. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 87.94, a Stop Loss order could be placed below this zone.
More info and screens
84.88
95.09
We found 1 important support area.
- A support zone ranging from 85.74 to 87.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 88.26 to 89.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 93.24 to 94.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.92
Mansfield0.05
10 Day High89.13
10 Day Low86.61
20 Day High94.19
20 Day Low86.37
52 Week High94.45
52 Week Low65.8
Performance
1 Week1.57%
2 Weeks1.39%
1 Month-5.84%
3 Month2.35%
6 Month13.36%
12 Month26.62%
2 Year30.31%
3 Year44.26%
5 Year42.18%
10 Year85.83%
15 Year174.67%
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)-0.01
RSI(14)45.92
LBB86.79
UBB89
SOUTHERN CO/THE
NYSE:SO (11/21/2024, 8:04:00 PM)
Premarket: 88.15 +0.01 (+0.01%)88.14
+0.17 (+0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.19%
1 Week1.57%
2 Weeks1.39%
1 Month-5.84%
3 Month2.35%
6 Month13.36%
12 Month26.62%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.25
ATR(20)%1.7%
ATR Inc
Range Today1.04
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 High89.13
10 Day Low86.61
20 Day High94.19
20 Day Low86.37
52 Week High94.45
52 Week Low65.8
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume5.64M
Volume Incr3.37%
Vol(5)4.58M
Vol(50)4.41M