|

ATMOS ENERGY CORP (ATO)

US0495601058 - Common Stock

113.32  -1.21 (-1.06%)

Technical Rating and Analysis

5

Taking everything into account, ATO scores 5 out of 10 in our technical rating. ATO has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
ATO has an average volume of 1214230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, ATO turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
ATO is an average performer in the Gas Utilities industry, it outperforms 69% of 14 stocks in the same industry.
ATO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ATO is lagging the market.
In the last month ATO has a been trading in a tight range between 110.40 and 115.73.
Weekly and Daily overview Charts
ATO Weekly chart
ATO Daily chart
Setup Rating and Analysis

10

ATO has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 114.61. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 114.14, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ATO in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

104.87

125.65

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 110.59 to 113.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 105.93 to 107.49. This zone is formed by a combination of multiple trend lines in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 113.49 to 114.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @117.70 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 121.71 to 124.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.82
Mansfield-0.79
10 Day High115.33
10 Day Low111.17
20 Day High115.73
20 Day Low110.4
52 Week High125.28
52 Week Low101
Performance
1 Week0.63%
2 Weeks1.31%
1 Month4.81%
3 Month0.31%
6 Month-2.39%
12 Month-2.67%
2 Year9.32%
3 Year20.01%
5 Year23.52%
10 Year152.16%
15 Year383.25%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.13
RSI(14)58.73
LBB111.25
UBB115.37
ATO Daily chart

ATMOS ENERGY CORP

NYSE:ATO (12/8/2023, 12:11:09 PM)

113.32

-1.21 (-1.06%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg-1.06%
1 Week0.63%
2 Weeks1.31%
1 Month4.81%
3 Month0.31%
6 Month-2.39%
12 Month-2.67%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.77
ATR(20)%1.8%
ATR Inc
Range Today1.34
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High115.33
10 Day Low111.17
20 Day High115.73
20 Day Low110.4
52 Week High125.28
52 Week Low101
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume210.26K
Volume Incr-22.96%
Vol(5)1.18M
Vol(50)1.21M