US stock / ETF

Atmos Energy Corporation

ATO · NYSE · USD

4 hoursBearish90%
4h Downside probability 90%Bearish

ATO 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $163.93 and stabilize above resistance $169.39.

Invalidation Trigger

Break above $169.39 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 38.3, MACD -0.070

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.1 (0.67%)

4h

EMA Structure

Bearish
EMA 8$162.63Bearish
EMA 21$163.93Bearish
EMA 50$165.87Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.3 · MACD -0.070

Momentum is weak

Strength
Bearish
Volatility
ATR $1.1 · BB 3.74%

Low volatility

Strength
Bullish
Volume
MFI 27.0 · OBV -55.23%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$161.43 - $169.39

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+4.84% · 7.2 ATR above latest close

$170.49
Nearest resistance

+4.17% · 6.2 ATR above · 34-bar high

$169.39
Current price

Price shown is delayed

$162.61
Nearest support

-0.73% · 1.1 ATR below · 34-bar low

$161.43
Deeper support zone

-1.4% · 2.1 ATR below latest close

$160.33
ATR zone

Latest close ± ATR14

$161.51 - $163.71

Indicators

Trend

Dow Theory Structure

Confirmation $163.14, invalidation $163.76

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

23.4 / 33.5 / 20.5Bullish
Supertrend (10,3)

Price is above Supertrend

$159.51Bullish
Ichimoku Cloud

Cloud Span A / Span B

$164.09 / $166.15Bearish
Donchian Channel (20)

20-period breakout channel position

17%Bearish

Volatility

ATR (14)

Low volatility

$1.1 (0.67%)Bullish
Bollinger Bands (20,2)

Width 3.74%

29%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$165.87 / $161.82Bullish
ATR channel lower / upper

Current Volatility Envelope

$161.51 / $163.71Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$169.39Range
Support

Nearest Downside Decision Level

$161.43Range

Momentum

RSI (14)

Momentum is weak

38.3Bearish
MACD (12,26,9)

Histogram is negative

-0.070Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

26.6 / 13.6Bullish
Williams %R (14)

Neutral zone

-73.4Range
CCI (20)

Balanced zone

-75.0Range
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

27.0Bearish
OBV slope

20-period OBV slope

-55.23%Bearish
Volume ratio

Relative to 20-period average volume

1.07xRange

Trend

Dow Theory Structure

Confirmation $163.14, invalidation $163.76

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

23.4 / 33.5 / 20.5Bullish
Supertrend (10,3)

Price is above Supertrend

$159.51Bullish
Ichimoku Cloud

Cloud Span A / Span B

$164.09 / $166.15Bearish
Donchian Channel (20)

20-period breakout channel position

17%Bearish

Momentum

RSI (14)

Momentum is weak

38.3Bearish
MACD (12,26,9)

Histogram is negative

-0.070Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

26.6 / 13.6Bullish
Williams %R (14)

Neutral zone

-73.4Range
CCI (20)

Balanced zone

-75.0Range
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

Low volatility

$1.1 (0.67%)Bullish
Bollinger Bands (20,2)

Width 3.74%

29%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$165.87 / $161.82Bullish
ATR channel lower / upper

Current Volatility Envelope

$161.51 / $163.71Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

27.0Bearish
OBV slope

20-period OBV slope

-55.23%Bearish
Volume ratio

Relative to 20-period average volume

1.07xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$169.39Range
Support

Nearest Downside Decision Level

$161.43Range

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