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Uptrend ExhaustionArchive - 6/20/2025 - 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 positive week after 5 consecutive negative weeks for the Atmos Energy Corp (ATO). During the week, the ATO climbed 0.57 points, or 0.37%, and closed at 153.56 on Friday, June 20, 2025. Weekly volume was -7% below average. ATO is a member of Utilities Sector. Utilities is the second 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 uptrend had started on September 28, 2021 at 85.80 and reached 167.45 on May 8, 2025. ATO gained -81.65 points, or -95.16%, in 188 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (115.37) 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 167.45 on May 8, 2025. ATO gained -66.45 points, or -65.79%, in 83 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (155.38) 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. The weekly MACD line is below its signal line since May 23, 2025. 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 17, 2025 at 150.68 and reached 154.16 on June 20, 2025. ATO gained -3.48 points, or -2.31%, in 3 days. The price is now at the 17.24% 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. 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. The price is close to 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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