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Where Southern Company Stock Might Go from Here

Vincent Kruger
Where Southern Company Stock Might Go from Here

With a significant fall recently, Southern Company (SO) stock is currently standing on the verge of the oversold zone. Its RSI (relative strength index) is at 32 as of September 25. A stock is considered oversold when its RSI score drops below 30 and overbought when its RSI score rises above 70. Extreme RSI values could suggest an impending reversal in the stock’s direction.