SouthernSO
Auto-detected technical analysis for SO · data as of Sep 2, 2026. The chart above is live; the read below updates daily.
SO is currently forming a triangle on the daily timeframe. Detected Sep 2, 2026.
A triangle is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $89.74 (−6.8%).
New to this pattern? What a triangle is and how to trade it →
SO's most recent completed falling wedge resolved as a win: it broke higher on Oct 6, 2026 near $84.47, then reached its target at $93.12 on Nov 4, 2026 — a 10.2% move (+6.63R) over 21 sessions. Across 137,198 backtested falling wedges, this setup wins 42.2% of the time.
Every completed pattern trade our nightly backtest found on SO's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Falling wedge | Oct 6, 2026 @ $84.47 | Nov 4, 2026 @ $93.12 | Win | +3.8% · +6.63R |
| Falling wedge | Sep 23, 2026 @ $83.52 | Oct 14, 2026 @ $89.33 | Loss | +5.6% · -1.00R |
| Falling wedge | Sep 11, 2026 @ $88.64 | Sep 14, 2026 @ $87.72 | Loss | +5.4% · -0.95R |
| Falling wedge | Sep 10, 2026 @ $88.99 | Sep 11, 2026 @ $88.37 | Loss | +5.4% · -0.63R |
| Falling wedge | Aug 27, 2026 @ $88.47 | Sep 23, 2026 @ $84.13 | Win | +4.9% · +0.87R |
| Triangle | Aug 21, 2026 @ $90.16 | Sep 25, 2026 @ $82.78 | Win | +8.2% · +2.23R |
| Triangle | Jun 1, 2026 @ $90.61 | Jun 11, 2026 @ $94.95 | Loss | +5.0% · -1.00R |
| Triangle | Jun 1, 2026 @ $90.65 | Jun 11, 2026 @ $94.95 | Loss | +4.5% · -1.00R |
| Rising wedge | Feb 19, 2026 @ $95.50 | Mar 11, 2026 @ $96.00 | Win | +0.8% · +0.11R |
| Rising wedge | Feb 12, 2026 @ $92.30 | Feb 19, 2026 @ $95.50 | Win | +1.3% · +1.12R |
| Triangle | Jan 14, 2026 @ $88.48 | Feb 19, 2026 @ $95.50 | Win | +5.1% · +2.85R |
| Falling wedge | Jan 6, 2026 @ $87.66 | Mar 11, 2026 @ $96.00 | Win | +12.8% · +3.43R |
Historical examples from the published simulation. This selection is not a win-rate sample.
Price was turned away at a ceiling near $99.10 about 5 weeks ago and has been sliding since. On the weekly chart, the next floor below sits near $85.83 — still about 2.8% away.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Sep 2, 2026 | $87.99 | $88.51 | $87.13 | $88.31 |
| Sep 1, 2026 | $88.43 | $88.78 | $87.75 | $88.09 |
| Aug 31, 2026 | $88.04 | $88.22 | $87.20 | $88.00 |
| Aug 28, 2026 | $89.37 | $89.57 | $87.88 | $88.25 |
| Aug 27, 2026 | $89.00 | $89.41 | $88.27 | $89.05 |
| Aug 26, 2026 | $89.92 | $90.58 | $89.67 | $89.76 |
| Aug 25, 2026 | $90.00 | $90.54 | $89.71 | $89.97 |
| Aug 24, 2026 | $89.06 | $90.47 | $89.06 | $90.10 |
| Aug 21, 2026 | $91.48 | $91.65 | $88.91 | $88.94 |
| Aug 20, 2026 | $91.75 | $92.65 | $91.41 | $91.43 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.