Southern (SO) Chart Patterns, Support & Resistance & Technical Analysis
Auto-detected technical analysis for SO · data as of Jun 25, 2026. The chart above is live; the read below updates daily.
$95.91last close · Jun 25, 2026
SO Falling Wedge Pattern
No chart pattern is currently detected on SO. The most recent was a Falling Wedge, detected Jun 5, 2026.
A Falling Wedge is a brief, tidy pause that typically continues the move higher. It projects a measured-move target near $98.60 (+6.1%). Across 13,048 backtested falling wedges, the setup followed through 53.9% of the time, averaging +0.38R; SO's own falling wedges have hit 57.7%.
SO is in an open Falling Wedge setup — it broke higher near $92.95, projecting a target near $98.60, with invalidation at $89.02.
How Falling Wedges have performed
Win rate
53.9%
Avg return
+0.38R
Backtested trades
13,048
SO win rate
57.7%
Historical pattern statistics (1986-12-19 – 2026-06-10), not a prediction.
SO support and resistance levels
The weekly read is leaning higher. Price eased down into a floor near $90.65 about 3 weeks ago, and the rules still favor a move higher from here.
What started it: Price only had to touch that floor at some point during the week — it didn't need to close there.
What would call it off: Two weekly closes back below $90.10 — a touch below the $90.65 floor, the room the read is given before it's wrong.
Where it has room to go: There's room toward its measured target — the first price above where the move is likely to pause.
It's already come a long way in that direction.
Nearest auto-detected support sits near $91.82, resistance near $98.44. These are chart/swing-derived levels, not formula pivots.
Resistance
$98.44$99.45$100.91$103.30$104.44$114.73
Support
$91.82$81.59$80.87$64.77$61.56$61.16
SO recent daily prices
Date
Open
High
Low
Close
Jun 25, 2026
$95.73
$96.87
$95.22
$95.91
Jun 24, 2026
$95.23
$95.92
$94.44
$95.78
Jun 23, 2026
$94.28
$95.11
$93.50
$94.93
Jun 22, 2026
$93.06
$94.09
$92.89
$93.43
Jun 18, 2026
$92.50
$94.26
$92.44
$93.09
Jun 17, 2026
$93.88
$94.64
$92.31
$92.53
Jun 16, 2026
$93.90
$95.29
$93.71
$94.31
Jun 15, 2026
$93.38
$94.75
$92.75
$93.82
Jun 12, 2026
$93.59
$94.68
$93.23
$94.00
Jun 11, 2026
$94.55
$95.06
$93.21
$93.27
SO frequently asked questions
What chart pattern is SO forming right now?
No pattern is currently detected on SO. The most recent was a Falling Wedge, detected Jun 5, 2026.
Is a Falling Wedge bullish or bearish?
The Falling Wedge detected on SO is a bullish pattern, projecting a measured-move target of $98.60. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Falling Wedge pattern, and what is its win rate?
Across TradingPal's backtest of the Falling Wedge family (13,048 trades over 516 symbols), it resolved in the expected direction 53.9% of the time with an average of +0.38R. These are historical statistics, not a prediction.
What are the support and resistance levels for SO?
Based on auto-detected, swing-derived levels (as of Jun 25, 2026), SO's nearest support is around $91.82 and nearest resistance around $98.44.
What is the price target if SO's pattern breaks out?
The detected Falling Wedge has a geometry-based measured-move target of $98.60 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was SO's closing price on Jun 25, 2026?
Southern (SO) last closed at $95.91 on Jun 25, 2026. For the live quote, see the chart above or a real-time quote provider.
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.
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