SOJB Forecast and Technical Stock AnalysisHold candidate since 2019-07-12
Southern Company (The) Series 2016A 5.25% Junior Subordinated Notes due October 1 2076 fell by -0.23% in the last day ( Friday, 12th Jul 2019 ) from $25.74 to $25.68 and has now fallen 3 days in a row. During day the stock fluctuated 0.35% from a day low at $25.63 to a day high of $25.72. The price has risen in 6 of the last 10 days , but is still down by -0.85% for this period. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -3 139 shares and in total 24 920 shares bought and sold for approximately $639 946.00.
- 30 day high of the SOJB stock price was $26.14 and low was $25.45.
- 90 day high was $26.14 and low was $24.92.
- 52 week high for the Southern Company (The) Series 2016A 5.25% Junior Subordinated Notes due October 1 2076 - $26.14 and low - $21.47.
Southern Company (The) Series 2016A 5.25% Junior Subordinated Notes due October 1 2076 lies in the lower part of a narrow and weak rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $25.63 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 3.7% during the next 3 months and, with 90% probability hold a price between $26.57 and $27.26 at the end of this period.
There are few to none technical positive signals at the moment. Southern Company (The) Series 2016A 5.25% Junior Subordinated Notes due October 1 2076 holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at $25.78 and $25.70. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Wednesday June 26, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 44 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
Support & Resistance
Southern Company (The) Series 2016A 5.25% Junior Subordinated Notes due October 1 2076 finds support from accumulated volume at $25.50.
In general the stock tends to have controlled movements, but the low liquidity has increased the risk substantially.
Our recommended stoploss: $24.53 (-4.49%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 11 days ago.)
0.51 %Average volatility
Very Low Low Medium High Very High
Southern Company (The) Series 2016A 5.25% Junior Subordinated Notes due October 1 2076 holds several negative signals and this should give a sell recommendation, but due to the general chance for a turnaround situation we recommend to hold or accumulate whilst awaiting for further development. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Hold/Accumulate.
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