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Gas Utilities Industry Stocks Technical Analysis - ATOArchive
- 3/21/2025 -
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Atmos Energy Corp (ATO) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the Atmos Energy Corp (ATO). During the week, the ATO gave back -1.30 points, or -0.87%, and closed at 148.60 on Friday, March 21, 2025. Weekly volume was 26% above average.
ATO is a member of Utilities Sector. Utilities is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See ATO long-term trend chart]
A long-term uptrend had started on September 28, 2021 at 85.80 and reached 154.60 on March 4, 2025. ATO gained -68.80 points, or -80.19%, in 179 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (113.49) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
 Medium-term trend: [See ATO medium-term trend chart]
A medium-term uptrend had started on December 19, 2024 at 136.10 and reached 154.60 on March 4, 2025. ATO gained -18.50 points, or -13.59%, in 10 weeks. The price is now at the 32.43% retracement level.
 Weekly Technical Indicators: [See ATO weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since February 28, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.
 Short-term trend: [See ATO short-term trend chart]
A short-term uptrend had started on March 6, 2025 at 145.20 and reached 153.00 on March 10, 2025. ATO gained -7.80 points, or -5.37%, in 4 days. The chart has formed a Symmetric Triangle chart pattern.
Daily Technical Indicators: [See ATO daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since March 4, 2025. The distance between MACD and the signal line is low and getting smaller.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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