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Southern Co Bullish Moving Average Crossover Alert (SO)

By David Diaz

Southern Co (NYSE:SO) shares have crossed bullishly above their 10-day moving average of $61.23 on a volume of 211K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Southern Co has traded in a range of $42.50 to $62.36 and is now at $61.73, 45% above that low. The 200-day and 50-day moving averages have moved 0.47% higher and 0.30% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Southern Co and will alert subscribers who have SO in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses southern co

Ticker(s): SO