Advertisement

Meyka AI - Contribute to AI-powered stock and crypto research platform
Meyka Stock Market API - Real-time financial data and AI insights for developers
Advertise on Meyka - Reach investors and traders across 10 global markets
Loading...

The Southern Company

SOMNNYSE
Utilities
Regulated Electric
$52.81
$0.49(0.93%)
U.S. Market opens in 6h 6m

The Southern Company (SOMN) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for The Southern Company (NYSE:SOMN).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

SOMN Technical Analysis Summary

The Southern Company stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 47.01)
Trend Strength:Very Strong (ADX: 48.12)
Volatility:Low (ATR: 0.77)
Support/Resistance:$52.03 – $54.30 (Bollinger Bands)

This mix signals that The Southern Company is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 47.01

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 38.18

Bearish
Momentum remains weak below midpoint.

Williams %R: -86.84

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -1.41

Bearish
Selling pressure outweighs buying.

Takeaway:The Southern Company shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 0.49

Bullish
Bullish, trend momentum is strengthening.

ADX: 48.12

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.77

Low
Low volatility, stable price action.

CCI (14): -276.69

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:The Southern Company shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$54.30
Middle Band (SMA 20)
$53.16
Lower Band
$52.03
Current Position
Within Bands

Takeaway:The Southern Company trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$54.45
Middle Line (EMA 20)
$52.92
Lower Channel
$51.39
Squeeze Status
Squeeze On

Takeaway:The Southern Company trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume5.93M
Money Flow Index81.20Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index48.24Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:SOMN shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of The Southern Company, here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Bearish Signals

MACD below signal line → short-term caution on momentum.

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for The Southern Company are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ