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Gas Utilities Industry Stocks Technical Analysis - ATOArchive - 7/18/2025 - 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 consecutive positive week for the Atmos Energy Corp (ATO). During the week, the ATO gained 2.47 points, or 1.60%, and closed at 156.66 on Friday, July 18, 2025. It was the best weekly gain since May 2, 2025. Weekly volume was -29% 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 (115.94) 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 price is near the trend support (157.91) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line 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 July 2, 2025 at 149.98 and reached 157.47 on July 18, 2025. ATO gained -7.49 points, or -4.99%, in 16 days. The price is now at the 10.81% retracement level.
Daily Technical Indicators: [See ATO daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since July 8, 2025. This is an indication that the short-term trend is up. During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. 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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