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Downtrend Broken Resist.Archive - 6/26/2026 - Sign In to see current Signals. |
Atmos Energy Corp (ATO) Technical Analysis
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| Summary:
| | Weekly :    | | Daily :  Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Atmos Energy Corp (ATO). During the week, the ATO gained 5.06 points, or 2.97%, and closed at 175.17 on Friday, June 26, 2026. It was the best weekly gain since April 2, 2026. 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 192.51 on April 9, 2026. ATO gained -106.71 points, or -124.37%, in 236 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (123.08) 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 October 3, 2023 at 101.00 and reached 192.51 on April 9, 2026. ATO gained -91.51 points, or -90.60%, in 131 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (177.33) is broken. A broken support is considered to be a long-term bearish signal. 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 support in a medium-term trend.
Weekly Technical Indicators: [See ATO weekly technical indicators chart] Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The weekly MACD line is below its signal line since May 8, 2026. The distance between MACD and the signal line is near its high, but getting smaller. 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 June 4, 2026 at 166.33 and reached 175.27 on June 25, 2026. ATO gained -8.94 points, or -5.37%, in 21 days. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (169.46) 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 short-term trend.
Daily Technical Indicators: [See ATO daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since June 11, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong. During the last week, the price has moved above 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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