SO

Southern CompanyUtilities

$94.13+0.54%

Descending Triangle Rectangle Symmetrical Triangle

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$94.13

MARAPRMAY

Trade this Descending Triangle

The Descending Triangle is just one piece of the puzzle. See the full technical breakdown.

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Quick Actions

Trade Plan: Bearish Flag

Risk/Reward

1:1.93

Entry

$90.86

Stop

$94.95

Target

$82.94

Chart Pattern

Descending Triangle

Bearish continuation pattern.

Rectangle

Sideways movement between parallel supports.

Symmetrical Triangle

Consolidation. Can break either way.

Bearish Flag

Bearish continuation if preceding move was down.

Market Analysis

Technical analysis of Southern Company (SO) reveals a significant setup. With a last close of $94.13, volatility remains active (0.54%). Our AI has detected a valid Bearish Flag pattern. The trend indicator is reading 15.0/100, suggesting moderate momentum. A potential breakout level is identified at $90.86, targeting $82.94 with support near $94.95 (R:R 1.93).

Community Sentiment

What is your outlook on SO?

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