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Archive - 8/22/2025 - 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 third consecutive positive week for the Atmos Energy Corp (ATO). During the week, the ATO gained 2.84 points, or 1.72%, and closed at 168.21 on Friday, August 22, 2025. Weekly volume was -20% 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 168.86 on August 22, 2025. ATO gained -83.06 points, or -96.81%, in 203 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (116.70) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 168.86 on August 22, 2025. ATO gained -67.86 points, or -67.19%, in 98 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 154.39 and resistance is at 178.39. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See ATO weekly technical indicators chart] Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. 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 Williams' Percentage Range help. The weekly MACD line is above its signal line since August 8, 2025. 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 uptrend had started on August 19, 2025 at 163.77 and reached 168.86 on August 22, 2025. ATO gained -5.09 points, or -3.11%, in 3 days. The price is now at the 12.77% retracement level.
Daily Technical Indicators: [See ATO daily technical indicators chart] Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. Daily Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following link to access Lane's Stochastic help. The daily MACD line is above its signal line since August 1, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
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