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Atmos Energy Crosses Above its 10-day MA (ATO)

By David Diaz

Today, shares of Atmos Energy (NYSE:ATO) have crossed bullishly above their 10-day moving average of $85.83 on a volume of 210K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Atmos Energy has traded in a range of $76.46 to $93.56 and is now at $86.12, 13% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

SmarTrend is monitoring the recent change of momentum in Atmos Energy. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Atmos Energy in search of a potential trend change.

Keywords: moving crosses Atmos Energy

Ticker(s): ATO