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Uptrend ExhaustionArchive - 3/27/2026 - 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 for the Atmos Energy Corp (ATO). During the week, the ATO gained 2.70 points, or 1.50%, and closed at 183.19 on Friday, March 27, 2026. Weekly volume was -27% below 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 190.13 on March 16, 2026. ATO gained -104.33 points, or -121.60%, in 232 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (121.20) 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 190.13 on March 16, 2026. ATO gained -89.13 points, or -88.25%, in 127 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 172.54 and resistance is at 190.60. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.
Weekly Technical Indicators: [See ATO weekly technical indicators chart] Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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 above its signal line since February 20, 2026. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See ATO short-term trend chart] A short-term downtrend had started on March 16, 2026 at 190.13 and reached 179.32 on March 24, 2026. ATO lost 10.81 points, or 5.69%, in 8 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See ATO daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since March 9, 2026. This is an indication that the short-term trend is down. 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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