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Downtrend Broken Resist.Archive - 7/10/2026 - 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 the negative week for the Atmos Energy Corp (ATO). During the week, the ATO gave back -0.67 points, or -0.38%, and closed at 176.20 on Friday, July 10, 2026. It was the worst weekly loss since May 29, 2026. ATO was trading at average weekly trading volume. ATO is a member of Utilities Sector. Utilities is the second 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 (123.35) 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 (178.36) 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 technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. 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. 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 179.79 on July 7, 2026. ATO gained -13.46 points, or -8.09%, in 33 days. The price is now at the 26.67% retracement level.
Daily Technical Indicators: [See ATO daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. The daily MACD line is above its signal line since June 11, 2026. This is an indication that the short-term trend is up. Price is close to the 50 Day Moving Average. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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