Technical Analysis for SOJC - Southern Company (The) Series 2017B 5.25% Junior Subordinated Notes due December 1, 2077

Grade Last Price % Change Price Change
D 22.88 -0.26% -0.06
SOJC closed down 0.26 percent on Thursday, April 18, 2024, on 1.77 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Oversold Stochastic Weakness 0.00%
Spinning Top Other -0.26%
Lower Bollinger Band Walk Weakness -0.26%
Gapped Up Strength -0.26%
Oversold Stochastic Weakness -0.26%
Lower Bollinger Band Walk Weakness 0.35%
Below Lower BB Weakness 0.35%
Down 3 Days in a Row Weakness 0.35%
Down 4 Days in a Row Weakness 0.35%

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Profile

Southern Company (The) Series 2017B 5.25% Junior Subordinated Notes due December 1, 2077 Description

The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. The company also constructs, acquires, owns, and manages power generation assets, including renewable energy facilities and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, New Jersey, Florida, Tennessee, and Maryland, as well as provides gas marketing services, wholesale gas services, and gas midstream operations. It owns and/or operates 33 hydroelectric generating stations, 29 fossil fuel generating stations, 3 nuclear generating stations, 15 combined cycle/cogeneration stations, 35 solar facilities, 8 wind facilities, 1 biomass facility, and 1 landfill gas facility; and constructs, operates, and maintains 82,000 miles of natural gas pipelines and 14 storage facilities with total capacity of 158 Bcf to provide natural gas to residential, commercial, and industrial customers. The company has 46,000 megawatts of generating capacity and 1,500 billion cubic feet of combined natural gas consumption and throughput volume serving 9 million electric and gas utility customers. It also provides products and services in the areas of distributed generation infrastructure, energy efficiency, and utility infrastructure. In addition, the company offers digital wireless communications services with various communication options, including push to talk, cellular service, text messaging, wireless Internet access, and wireless data. The Southern Company was founded in 1945 and is headquartered in Atlanta, Georgia.


Classification

Sector: Other
Industry: Other
Keywords: Natural Gas Electricity Internet Access Wireless Communication Fossil Fuel Gas Pipeline Energy Efficiency Landfill Biomass Natural Gas Pipeline Gas Services Gas Utility Landfill Gas Cogeneration Wireless Data Gas Marketing Distributed Generation Madison Gas And Electric Push To Talk Wireless Internet Access Digital Wireless Communications Services Gas Utility Customers

Is SOJC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 24.981
52 Week Low 19.8057
Average Volume 21,153
200-Day Moving Average 23.23
50-Day Moving Average 24.34
20-Day Moving Average 24.06
10-Day Moving Average 23.56
Average True Range 0.28
RSI (14) 24.24
ADX 40.83
+DI 7.63
-DI 43.22
Chandelier Exit (Long, 3 ATRs) 24.13
Chandelier Exit (Short, 3 ATRs) 23.55
Upper Bollinger Bands 25.47
Lower Bollinger Band 22.65
Percent B (%b) 0.08
BandWidth 11.74
MACD Line -0.43
MACD Signal Line -0.25
MACD Histogram -0.1736
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 23.11
Resistance 3 (R3) 23.11 23.03 23.07
Resistance 2 (R2) 23.03 22.98 23.03 23.05
Resistance 1 (R1) 22.96 22.94 22.92 22.96 23.04
Pivot Point 22.88 22.88 22.87 22.88 22.88
Support 1 (S1) 22.81 22.83 22.77 22.81 22.72
Support 2 (S2) 22.73 22.79 22.73 22.71
Support 3 (S3) 22.66 22.73 22.69
Support 4 (S4) 22.66