What chart pattern is ChartPattern.io tracking on Southern Company?
ChartPattern.io is currently tracking Double Bottom on Southern Company in the Utilities stock. Secondary context includes Falling Wedge and Descending Triangle.
Live Utilities stock scanner page for Southern Company. Review the double bottom setup, chart structure, and trade levels in one place.
SO is showing interesting structural developments at $87.75. Currently at $87.75, the asset is showing downward momentum (-0.67%). Algorithmically, a Double Bottom structure has completed. This setup is supported by average volume turnover. A potential breakout level is identified at $96.51, targeting $105.9 with support near $91.82 (R:R 2.0).
SO is part of the Utilities stock on ChartPattern.io. The scanner currently highlights Double Bottom as the leading setup, with an entry near $96.51, a stop around $91.82, and a target near $105.90.
Double Bottom
55/100 CP Index
Entry $96.51 · Stop $91.82 · Target $105.90
The Double Bottom is just one piece of the puzzle. See the full technical breakdown.
Reversal pattern after a downtrend.
Reversal pattern. Price likely to break upwards.
Bearish continuation pattern.
What is your outlook on SO?
These answers make the page easier to scan for traders, search engines, and LLMs looking for quick context on SO.
ChartPattern.io is currently tracking Double Bottom on Southern Company in the Utilities stock. Secondary context includes Falling Wedge and Descending Triangle.
The current trade plan points to an entry near $96.51, a stop near $91.82, and a target near $105.90.
Southern Company currently leans neutral. The page is showing a CP Index of 55/100, which helps summarize the current technical setup.