ATMOS ENERGY CORP (ATO) Stock Technical Analysis
NYSE:ATO • US0495601058
Overall ATO gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ATO has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that ATO is one of the better performing stocks in the market, outperforming 72% of all stocks. We also observe that the gains produced by ATO over the past year are nicely spread over this period.
- ATO is one of the better performing stocks in the Gas Utilities industry, it outperforms 78% of 15 stocks in the same industry.
- A new 52 week high is currently being made by ATO, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month ATO has a been trading in the 164.40 - 187.82 range, which is quite wide. It is currently trading near the high of this range.
- ATO has an average volume of 1329380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although ATO has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
161.30
We found 1 important support area.
- A support zone ranging from 162.93 to 168.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ATO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ATO is up. |
| ChartMill Relative Strength | 72.57 | POSITIVE | ATO has a high relative strength, it outperformed 72.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ATO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ATO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ATO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 80.39 | OVERBOUGHT | The high RSI value suggests ATO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.85 | POSITIVE | The MACD value suggests ATO has a positive trend. |
| Stochastics (14,3) | 95.81 | OVERBOUGHT | The high Stochastics value suggests ATO may be overbought. |
| Average True Range in percent/ATR (20) | 1.62 | LOW VOLATILITY | The low ATR as a percentage value for ATO suggests low volalility. |
| Average Directional Index/ADX (14) | 37.96 | POSITIVE | The high ADX value value for ATO suggests a strong trend. |
186.79
+3.16 (+1.72%)
ATMOS ENERGY CORP / ATO FAQ
What is the technical rating for ATO stock?
ChartMill assigns a technical rating of 10 / 10 to ATO.
What is the trend direction for ATO stock?
The current trend direction for ATMOS ENERGY CORP (ATO) is Bullish.
What is the RSI signal for ATO stock?
ATMOS ENERGY CORP (ATO) has an RSI value of 80.3854. This indicates that the stock is currently overbought.
What is the MACD signal for ATMOS ENERGY CORP (ATO) stock?
The MACD indicator for ATMOS ENERGY CORP (ATO) has a value of 0.848865, indicating a bearish trend.
What is the buy/sell signal for ATO stock?
The buy/sell signal for ATMOS ENERGY CORP (ATO) is buy as both the short term and long term trends are positive.