SOUTHERN CO - SO 6 1/2 03/15/2085 (SOJF) Stock Technical Analysis
NYSE:SOJF - New York Stock Exchange, Inc. - US8425878670 - Currency: USD
Taking everything into account, SOJF scores 3 out of 10 in our technical rating. SOJF performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is bad, SOJF 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 25.52. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.47, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SOJF in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
24.85
When analyzing the support we notice one important area.
- A support zone ranging from 25.10 to 25.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 25.52 to 25.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @26.42 from a horizontal line in the daily time frame.
SOUTHERN CO - SO 6 1/2 03/15/2085
NYSE:SOJF (4/22/2025, 8:04:01 PM)
25.51
+0.09 (+0.35%)