Atmos Energy Corporation (ATO)

Atmos Energy Corporation is trading at $161.66, up 0.62% on the session. The 50 day average sits at $166.32 and the 200 day at $174.43, which puts the stock in a downtrend. RSI is at 36.2, which reads as weak, and MACD is bullish crossover. Volume is below average.

The nearest support is around $155.00 with resistance near $169.58, so that band frames the current range. Average daily movement is roughly $2.23, or about 1.4% of the share price, which is what any stop placement has to allow for. The overall health score of 41 out of 100 combines a trend score of 3, momentum of 51 and a risk score of 86.

Atmos Energy Corporation, together with its subsidiaries, engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States. It operates through two segments, Distribution, and Pipeline and Storage. The Distribution segment is involved in the regulated natural gas distribution and related sales operations in eight states. This segment distributes natural gas to approximately 3.4 million residential, commercial, public authority, and industrial customers; and owned 76,000 miles of underground distribution and transmission mains. The Pipeline and Storage segment engages in the pipeline and storage operations. This segment transports natural gas for third parties and manages five underground storage facilities in Texas; provides ancillary services customary to the pipeline industry, including parking arrangements, lending, and inventory sales; and owned 5,700 miles of gas transmission lines. Atmos Energy Corporation was founded in 1906 and is based in Dallas, Texas.