Atmos Stock Technical Analysis

ATO
 Stock
  

USD 115.38  0.91  0.80%   

As of the 11th of August 2022, Atmos Energy shows the Mean Deviation of 1.03, risk adjusted performance of 0.0128, and Downside Deviation of 1.56. Atmos Energy Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Atmos Energy Corp, which can be compared to its rivals. Please confirm Atmos Energy Corp downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if Atmos Energy Corp is priced correctly, providing market reflects its regular price of 115.38 per share. Given that Atmos Energy has jensen alpha of (0.007597), we suggest you to validate Atmos Energy Corp's prevailing market performance to make sure the company can sustain itself at a future point.
  

Atmos Energy Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Atmos, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Atmos
Atmos Energy's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Atmos Energy Analyst Consensus

Target PriceAdvice# of Analysts
112.83Buy6Odds
Atmos Energy Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Atmos analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Atmos stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Atmos Energy Corp, talking to its executives and customers, or listening to Atmos conference calls.
Atmos Analyst Advice Details
Atmos Energy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Atmos Energy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Atmos Energy trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Atmos Energy Corp Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was five with a total number of output elements of fifty-six. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Atmos Energy Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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Atmos Energy Corp Trend Analysis

Use this graph to draw trend lines for Atmos Energy Corp. You can use it to identify possible trend reversals for Atmos Energy as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Atmos Energy price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Atmos Energy Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Atmos Energy Corp applied against its price change over selected period. The best fit line has a slop of   0.06  , which may imply that Atmos Energy Corp will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 120.31, which is the sum of squared deviations for the predicted Atmos Energy price change compared to its average price change.

About Atmos Energy Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Atmos Energy Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Atmos Energy Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Atmos Energy Corp stock first instead of the macroeconomic environment surrounding Atmos Energy Corp. By analyzing Atmos Energy's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Atmos Energy's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Atmos Energy specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2019 2020 2021 2022 (projected)
Long Term Debt to Equity0.670.620.720.82
Interest Coverage9.7610.839.7510.52

Atmos Energy August 11, 2022 Technical Indicators

Most technical analysis of Atmos help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Atmos from various momentum indicators to cycle indicators. When you analyze Atmos charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Atmos Energy August 11, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Atmos stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Please continue to Trending Equities. Note that the Atmos Energy Corp information on this page should be used as a complementary analysis to other Atmos Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Complementary Tools for Atmos Stock analysis

When running Atmos Energy Corp price analysis, check to measure Atmos Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Atmos Energy is operating at the current time. Most of Atmos Energy's value examination focuses on studying past and present price action to predict the probability of Atmos Energy's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Atmos Energy's price. Additionally, you may evaluate how the addition of Atmos Energy to your portfolios can decrease your overall portfolio volatility.
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Is Atmos Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Atmos Energy. If investors know Atmos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Atmos Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.18
Market Capitalization
15.9 B
Quarterly Revenue Growth YOY
0.35
Return On Assets
0.0279
Return On Equity
0.0882
The market value of Atmos Energy Corp is measured differently than its book value, which is the value of Atmos that is recorded on the company's balance sheet. Investors also form their own opinion of Atmos Energy's value that differs from its market value or its book value, called intrinsic value, which is Atmos Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Atmos Energy's market value can be influenced by many factors that don't directly affect Atmos Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Atmos Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine Atmos Energy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atmos Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.