• Return to Headlines

Look for Shares of Atmos Energy to Potentially Pullback after Yesterday's 1.30% Rise

By David Diaz

Atmos Energy (NYSE:ATO) traded in a range yesterday that spanned from a low of $101.88 to a high of $102.71. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $102.56 on volume of 225,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

In the past 52 weeks, Atmos Energy share prices have been bracketed by a low of $84.35 and a high of $104.07 and are now at $102.69, 22% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.2%.

SmarTrend is tracking the current trend status for Atmos Energy and will alert subscribers who have ATO in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders Atmos Energy

Ticker(s): ATO