|
|
Downtrend ExhaustionArchive
- 9/25/2026 -
Sign In to see current Signals. |
Atmos Energy Corp (ATO) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the Atmos Energy Corp (ATO). During the week, the ATO dropped -3.09 points, or -1.93%, and closed at 157.21 on Friday, September 25, 2026. Weekly volume was -8% below average.
ATO is a member of Utilities Sector. Utilities is the 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 downtrend had started on April 9, 2026 at 192.51 and reached 155.00 on September 23, 2026. ATO lost 37.51 points, or 19.48%, in 23 weeks. The price is now at the 5.89% retracement level.
 Medium-term trend: [See ATO medium-term trend chart]
A medium-term downtrend had started on July 28, 2026 at 182.64 and reached 155.00 on September 23, 2026. ATO lost 27.64 points, or 15.13%, in 8 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend support line (161.59) is broken, while daily and weekly technical indicators are oversold. Downtrend 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 support in a medium-term trend.
 Weekly Technical Indicators: [See ATO weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. 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 links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is below its signal line since May 8, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term downtrend is strong. 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 September 4, 2026 at 169.58 and reached 155.00 on September 23, 2026. ATO lost 14.58 points, or 8.60%, in 19 days. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (152.99) is broken. A broken support is considered to be a long-term bullish 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 resistance line in a short-term trend.
 Daily Technical Indicators: [See ATO daily technical indicators chart]
Daily Relative Strength Index and Lane's Stochastic are oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Relative Strength Index and Lane's Stochastic or strongly oversold daily Williams' Percentage Range. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Use the following link to access Relative Strength Index help.
The daily MACD line is below its signal line since September 10, 2026. This is an indication that the short-term trend is down.
A Parabolic SAR (stop and reversal) indicator (158.57) comes close to the price (157.21). It indicates that the trend is getting weaker. 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.
| |
|
|