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Archive - 2/6/2026 - Sign In to see current Signals. |
Southern Co. (SO) Technical Analysis
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| Summary:
| | | Weekly : | | Daily :  Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Southern Co. (SO). During the week, the SO climbed 0.77 points, or 0.86%, and closed at 90.08 on Friday, February 6, 2026. Weekly volume was 15% above average.
Long-term trend: [See SO long-term trend chart] A long-term uptrend had started on March 12, 2009 at 26.48 and reached 100.84 on October 16, 2025. SO gained -74.36 points, or -280.82%, in 866 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 66.20 and resistance is at 92.97. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See SO medium-term trend chart] A medium-term uptrend had started on January 24, 2023 at 58.85 and reached 100.84 on October 16, 2025. SO gained -41.99 points, or -71.35%, in 142 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 70.72 and resistance is at 104.00. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See SO weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since October 31, 2025. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.
Short-term trend: [See SO short-term trend chart] A short-term uptrend had started on December 10, 2025 at 83.80 and reached 91.70 on February 6, 2026. SO gained -7.90 points, or -9.43%, in 58 days. The chart has formed a Rising Channel chart pattern. The trend support level is at 87.51 and resistance is at 90.70. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a short-term trend.
Daily Technical Indicators: [See SO daily technical indicators chart] Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range. Daily Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The daily MACD line is above its signal line since December 16, 2025. This is an indication that the short-term trend is up.
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