The Greedy Trader Weekly Analysis
Sign In Jul 2, 2026
Skip Navigation Links
Share
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

Archive
- 6/26/2026 -
Sign In to see current Signals.

Atmos Energy Corp (ATO) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorBroken trend support lineBroken trend resistance lineLane's Stochastic is oversold
Daily :Broken trend resistance lineThe price moved above the moving average in the center of the Bollinger Bands
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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 67.59
Williams' Percentage Range (W%R) 39.90
Lane's Stochastic (%D-Slow) 77.71
Greed/Fear Indicator (GFI) 68.47
Moving Average Converg./Diverg. (MACD) -2.20
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 44.28
Williams' Percentage Range (W%R) 78.90
Lane's Stochastic (%D-Slow) 12.53
Oversold
Greed/Fear Indicator (GFI) 26.16
Moving Average Converg./Diverg. (MACD) 2.40
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 198.67
Monthly Trendline Resistance 189.05
50 Day Moving Average 177.41
Quarterly Trendline Support 177.33
Upper Bollinger Band 176.04
Price 175.17
Daily Stochastic Crossing 173.95
Parabolic System 170.77
Weekly Trendline Resistance 170.61
20 Day Moving Average 169.78
Weekly Stochastic Crossing 169.60
Weekly Trendline Support 169.46
Lower Bollinger Band 168.09
Monthly Trendline Support 158.84
Sector and Industry
Description Name Rank
Sector Utilities 9
Industry Gas Utilities 37
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 168.22
Low Date 06/17/2026
High 175.27
High Date 06/25/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 170.61
Support 169.46
Low 166.33
Low Date 06/04/2026
High 175.27
High Date 06/25/2026
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 189.05
Support 158.84
High 192.51
High Date 04/09/2026
Low 166.33
Low Date 06/04/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Support
Resistance 198.67
Support 177.33
Low 101.00
Low Date 10/03/2023
High 192.51
High Date 04/09/2026
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Resistance
Resistance 130.64
Support 123.08
Low 85.80
Low Date 09/28/2021
High 192.51
High Date 04/09/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.