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Downtrend Broken Resist.Archive - 9/4/2026 - 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 first positive week after 5 consecutive negative weeks for the Atmos Energy Corp (ATO). During the week, the ATO climbed 0.91 points, or 0.55%, and closed at 167.56 on Friday, September 4, 2026. It was the best weekly gain since July 24, 2026. Weekly volume was -28% below average. ATO is a member of Utilities Sector. Utilities is the most oversold 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 downtrend had started on July 28, 2026 at 182.64 and reached 164.62 on August 31, 2026. ATO lost 18.02 points, or 9.87%, in 4 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (164.22) is broken. A broken support is considered to be a long-term bullish 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 resistance line in a long-term trend.
Medium-term trend: [See ATO medium-term trend chart] A medium-term downtrend had started on August 20, 2026 at 173.13 and reached 164.62 on August 31, 2026. ATO lost 8.51 points, or 4.92%, in 1 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (163.49) is broken. A broken support is considered to be a long-term bullish 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 resistance line in a medium-term trend.
Weekly Technical Indicators: [See ATO weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range and 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 links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is below its signal line since May 8, 2026. This is an indication that the medium-term trend is down. 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 August 31, 2026 at 164.62 and reached 169.58 on September 4, 2026. ATO gained -4.96 points, or -3.01%, in 4 days. The price is now at the 40.73% retracement level.
Daily Technical Indicators: [See ATO daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
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