Southern(SO)

Southern (SO) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for SO · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$95.80last close · Jul 22, 202652-week range $83.80 – $100.83 · 4.99% below the high

SO Triangle Pattern

SO is currently forming a triangle on the daily timeframe. Detected Jul 22, 2026.

A triangle is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $89.90 (−6.8%). Across 17,276 backtested triangles, the setup followed through 53.5% of the time, averaging +0.37R; SO's own triangles have hit 43.9%.

DirectionBearishTarget$89.90Projected move−6.8%Breakout level$96.25

New to this pattern? What a triangle is and how to trade it →

SO's Most Recent Rising Wedge Trade

SO's most recent completed rising wedge (which broke against type) resolved as a win: it broke higher on Feb 2, 2026 near $89.80, then reached its target at $91.04 on Feb 18, 2026 — a 1.4% move (+0.43R) over 11 sessions. Across 135 backtested rising wedges, this setup wins 52.6% of the time.

OutcomeWinResult+1.4%R+0.43REntry$89.80Exit$91.04

Learn about rising wedge

How Triangles Have Performed

Win rate

53.5%

Avg return

+0.37R

Backtested trades

17,276

SO win rate

43.9%

Historical pattern statistics (1986-12-19 – 2026-07-16), not a prediction.

How these backtests work →

SO Pattern Trade History

Every completed pattern trade our nightly backtest found on SO's daily chart, newest first — wins and losses alike.

Pattern	Entry	Exit	Outcome	Result
Rising Wedge	Feb 2, 2026 @ $89.80	Feb 18, 2026 @ $91.04	Win	+3.5% · +0.43R
Triangle	Jan 13, 2026 @ $87.30	Feb 18, 2026 @ $91.04	Win	+6.6% · +1.80R
Triangle	Jun 26, 2025 @ $90.85	Oct 20, 2025 @ $97.69	Win	+10.1% · +2.28R
Triangle	Jun 12, 2025 @ $89.85	Oct 20, 2025 @ $97.69	Win	+9.0% · +3.32R
Falling Wedge	Dec 6, 2024 @ $85.43	Mar 3, 2025 @ $90.85	Loss	+7.5% · -1.13R
Falling Wedge	Sep 5, 2023 @ $66.53	Sep 13, 2023 @ $69.50	Loss	+7.5% · -1.12R
Triangle	Feb 15, 2023 @ $66.34	Mar 15, 2023 @ $67.65	Loss	+7.6% · -1.12R
Rising Wedge	Dec 8, 2022 @ $68.66	Jan 5, 2023 @ $70.38	Win	+6.5% · +0.48R
Triangle	Nov 30, 2022 @ $66.83	Dec 16, 2022 @ $69.43	Win	+7.0% · +1.45R
Triangle	Feb 24, 2021 @ $58.72	Mar 26, 2021 @ $61.66	Loss	+4.7% · -1.05R
Falling Wedge	Feb 5, 2021 @ $60.63	Feb 25, 2021 @ $57.76	Loss	+4.7% · -1.15R
Bullish Pennant	Feb 4, 2021 @ $60.34	Feb 25, 2021 @ $57.76	Loss	+11.7% · -1.17R

Recent Triangles on Other Charts

TDGstopped −5.9%Jul 22, 2026 XLEstopped −4.7%Jul 22, 2026 AONhit target +9.3%Jul 21, 2026 EOGstopped −4.8%Jul 21, 2026

Learn about triangle

SO Support and Resistance Levels

Price found a floor near $90.81 about 7 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $97.75 — still about 2.0% away.

Traders commonly watch $97.75 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
There's nothing to act on here — the spot to watch was the $90.81 floor about 7 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

SO Recent Daily Prices

Date	Open	High	Low	Close
Jul 22, 2026	$94.81	$95.85	$94.40	$95.80
Jul 21, 2026	$94.01	$94.44	$93.21	$93.85
Jul 20, 2026	$95.77	$96.38	$94.45	$94.46
Jul 17, 2026	$97.30	$98.34	$95.14	$95.30
Jul 16, 2026	$94.78	$96.14	$94.78	$96.07
Jul 15, 2026	$95.72	$96.40	$94.46	$94.60
Jul 14, 2026	$96.85	$97.25	$95.74	$95.96
Jul 13, 2026	$95.80	$96.95	$95.62	$96.47
Jul 10, 2026	$95.24	$95.93	$95.12	$95.61
Jul 9, 2026	$96.43	$96.68	$94.89	$95.17

SO Frequently Asked Questions

What chart pattern is SO forming right now?

As of Jul 22, 2026, TradingPal's detector identifies a triangle on Southern (SO) on the daily chart, with a measured-move target of $89.90.

Is a triangle bullish or bearish?

The triangle detected on SO is a bearish pattern, projecting a measured-move target of $89.90. See its full backtested track record above — that's the real edge, not the textbook label.

How reliable is a triangle pattern, and what is its win rate?

Across TradingPal's backtest of the triangle family (17,276 trades over 628 symbols), it resolved in the expected direction 53.5% of the time with an average of +0.37R. These are historical statistics, not a prediction.

What is the price target if SO's pattern breaks out?

The detected triangle has a geometry-based measured-move target of $89.90 (pattern height projected from the breakout). This is a technical target, not a recommendation.

What was SO's closing price on Jul 22, 2026?

Southern (SO) last closed at $95.80 on Jul 22, 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.