Share on :

Asset Summary

Daily Performance Report for SO ETF: Dec 26, 2024

Summary: The day started with SO ETF opening at $83.1 and closing at $82.84. The ETF showed weakness throughout the day, with the highest price observed at $83.18 and the lowest at $82.5. The underlying asset had a trading range of $0.68 Overall, it was a negative trading day for SO ETF, reflecting investor pessimism and market activity.

Change in Closing Price: There was a net decrease of $-0.26 or -0.31% in the closing price from the opening to the closing price over the day.

Volume Analysis: Trading volume for SO ETF was 2,152,360 units during Dec 26, 2024, indicating active market participation and investor interest.

Opening Price: The day started at $83.1.

Highest Price: The highest price observed during the day was $83.18.

Lowest Price: The lowest price observed during the day was $82.5.

Closing Price: The day ended at $82.84.

Asset Performance Metrics and Risk Characteristics:

Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.

Asset Technical Analysis

Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. By using various technical indicators and chart patterns, investors can gain insights into market trends, price momentum, and potential turning points. This section delves into essential technical metrics, including moving averages, pivot points, and other indicators that provide a snapshot of an asset's current technical stance. Analyzing these indicators helps investors identify entry and exit points, assess market sentiment, and refine their trading strategies. Explore the following technical analysis data to understand the asset's performance dynamics and make better-informed decisions.

Moving Averages

Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:

  • SMA (Simple Moving Average): Reflects the average price over a specific number of periods.
  • EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new information.
  • WMA (Weighted Moving Average): Assigns a weight to each price, emphasizing more recent prices.
  • WEMA (Weighted Exponential Moving Average): Combines elements of both WMA and EMA for a more responsive moving average.

Supercharge Your SO Trading Now

Empower your trading with Rank My Trade Online. Our comprehensive platform delivers precise analysis and strategic insights for SO, designed to improve your trading outcomes. Elevate your trading approach instantly and unlock new opportunities with our advanced system!

Start Optimizing Now

Frequently Asked Questions

Competitors include Duke Energy, Dominion Energy, and NextEra Energy.

Southern Company is a major player in the energy market, influencing policy and investment in clean energy solutions.

Southern Company has a history of paying dividends and aims to provide consistent returns to shareholders.

Southern Company invests in renewable energy projects and aims to reduce carbon emissions.

Southern Company promotes a diverse and inclusive workplace, fostering professional growth and community involvement.

Southern Company was founded in 1945.

Southern Company actively engages with regulatory bodies to ensure compliance and advocate for beneficial policies.

Southern Company aims to lead in energy innovation while prioritizing sustainability and customer satisfaction.

Southern Company serves parts of Georgia, Alabama, Mississippi, and Florida.

Southern Company employs advanced technology and infrastructure to maintain reliable electricity and gas services.

Maximize Your SO Trading Now

Maximize your trading efficiency with RankMyTrade Platform. Our advanced trading system provides detailed insights and actionable strategies for SO. Don’t wait—Boost your investment success with us and see how our platform can help you achieve your trading goals!

Disclaimers

The information displayed on this site is sourced from third-party providers and is believed to be reliable. RankMyTrade (RMT) has not independently verified this data and does not guarantee its accuracy. The information and calculations provided by RankMyTrade are for educational and informational purposes only and should not be construed as financial or investment advice.

With any investment, your capital is at risk. The value of your portfolio go down as well as up. Past performance is no guarantee of future results. By using this website, you accept our Terms of Service, Privacy Policy, and Payment Agreement.

Market data is provided in near real-time when available, but we do not guarantee its accuracy or timeliness.

Securities products are: Not FDIC insured · Not bank guaranteed · May lose value

Trademarks and logos are the property of their respective owners and do not represent endorsements of any kind. Unless otherwise noted, RankMyTrade and its affiliates are not partners, affiliates, or licensees of these companies.

Supported Assets & ETFs