Stock Analysis: Southern Co/the (SO)

Stock Analysis for Southern Co/the (SO)

The Interpreter
Hey Friend, I'm analysing SOUTHERN CO/THE (SO), and it is between the Support of $ 68.69 (PivotS1) and the Resistance of $ 69.10 (61.8% of Fibonacci). The stock is also approaching the line of PivotS1 at $ 68.69, and if it goes below this line it could reach the next Support of 50% of Fibonacci at $ 68.58.

Southern Co/the (SO)

$ 73.25 +0.4%

Last Close 23-Apr-24

Trade SO Now

Supports

Next Support: $ 68.69

Pivot S1: $ 68.69
Fibonacci 50%: $ 68.58
Triangle Level (4): $ 65.53

Resistances

Next Resistance: $ 69.10

Pivot: $ 70.38
Fibonacci 61.8%: $ 69.10
Triangle Level (0): $ 73.40

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 21 Mar 2024	Sell Price: 69.90	Profit: Close Day1 ($ 69.80)	Engulfing	Sell
002 18 Mar 2024	Buy Price: 69.42	Profit: Open Day1 ($ 69.63)	Abandoned Baby	Buy
003 14 Mar 2024	Sell Price: 69.38	Profit: Open Day1 ($ 68.96)	Abandoned Baby	Sell
004 08 Mar 2024	Sell Price: 69.01	Profit: Open Day1 ($ 68.92)	Engulfing	Sell
005 22 Feb 2024	Sell Price: 67.28	Profit: Close Day2 ($ 66.25)	Abandoned Baby	Sell
006 20 Feb 2024	Buy Price: 67.04	Profit: Open Day1 ($ 67.44)	Abandoned Baby	Buy
007 29 Nov 2023	Sell Price: 70.23	Loss: Close Day2 ($ 71.52)	Engulfing	Sell
008 22 Nov 2023	Sell Price: 69.59	Loss: Close Day2 ($ 70.26)	Engulfing	Sell
009 31 Aug 2023	Sell Price: 67.73	Profit: Close Day1 ($ 67.22)	Engulfing	Sell
010 23 Aug 2023	Sell Price: 67.37	Loss: Close Day2 ($ 68.09)	Engulfing	Sell
011 23 Aug 2023	Sell Price: 67.55	Profit: Close Day1 ($ 67.43)	Dark Cloud Cover	Sell
012 22 Aug 2023	Buy Price: 67.73	Profit: Open Day1 ($ 68.12)	Piercing Line	Buy
013 21 Jun 2023	Buy Price: 71.64	Profit: Open Day1 ($ 71.91)	Engulfing	Buy
014 06 Jun 2023	Sell Price: 69.45	Profit: Open Day1 ($ 69.38)	Engulfing	Sell
015 06 Jun 2023	Sell Price: 69.37	Loss: Close Day2 ($ 71.08)	Dark Cloud Cover	Sell
016One Year Average	Both Sides Result for 15 Signals	Loss: $ -0.79 ($ -0.05 / Signal) -1.1% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for SO Below.

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The Latest Trade Signals

Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	73.58	BUY	2	73.60	BUY
3	73.38	BUY	3	73.26	BUY
5	72.57	BUY	5	72.59	BUY
8	71.10	BUY	8	71.89	BUY
13	70.58	BUY	13	71.27	BUY
21	70.62	BUY	21	70.75	BUY
34	70.24	BUY	34	70.27	BUY
55	69.12	BUY	55	69.88	BUY
90	69.49	BUY	90	69.60	BUY
200	69.13	BUY	200	69.41	BUY

Company Info +

Name & IPO

Southern Co/the
IPO: 1949-09-30

Stock Ticker & Exchange

Ticker: SOIndices: S&P 500,
Exchange: New York Stock Exchange, Inc. (US - USD)

Contact

Website: https://www.southerncompany.com/
Phone:

Stock Type

Common Stock

SIC Office

Energy & Transportation ()

Industry

Electric Services

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

Income Statement +

in USD millions (if not decimal) - Dictionary

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.