ATLASSIAN CORP-CL A (TEAM)

US0494681010 - Common Stock

160.09  +4.07 (+2.61%)

After market: 160.09 0 (0%)

Technical Rating and Analysis

0

Taking everything into account, TEAM scores 0 out of 10 in our technical rating. TEAM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, TEAM is a bad performer in the overall market: 79% of all stocks are doing better.
TEAM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month TEAM has a been trading in the 154.02 - 183.14 range, which is quite wide. It is currently trading near the lows of this range.
TEAM has an average volume of 1793930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TEAM is an average performer in the Software industry, it outperforms 41% of 278 stocks in the same industry.
Weekly and Daily overview Charts
TEAM Weekly chart
TEAM Daily chart
Setup Rating and Analysis

7

TEAM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 163.37. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 156.85, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TEAM in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

154.45

240.84

When analyzing the support we notice one important area.

  • A support zone ranging from 156.01 to 156.85. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 4 important resistance areas.

  • A resistance zone ranging from 163.37 to 165.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 176.15 to 179.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @218.76 from a horizontal line in the daily time frame.
  • Resistance @238.46 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.71
Mansfield-2.87
10 Day High166.35
10 Day Low155.13
20 Day High183.14
20 Day Low154.02
52 Week High258.69
52 Week Low154.02
Performance
1 Week-2%
2 Weeks2.06%
1 Month-12.14%
3 Month-17.66%
6 Month-30.26%
12 Month-9.96%
2 Year-14.57%
3 Year-37.67%
5 Year22.36%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.45
RSI(14)37.95
LBB155.08
UBB166.94
TEAM Daily chart

ATLASSIAN CORP-CL A

NASDAQ:TEAM (6/14/2024, 7:00:01 PM)

After market: 160.09 0 (0%)

160.09

+4.07 (+2.61%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg2.61%
1 Week-2%
2 Weeks2.06%
1 Month-12.14%
3 Month-17.66%
6 Month-30.26%
12 Month-9.96%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)5.05
ATR(20)%2.98%
ATR Inc
Range Today4.28
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High166.35
10 Day Low155.13
20 Day High183.14
20 Day Low154.02
52 Week High258.69
52 Week Low154.02
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.44M
Volume Incr-30.21%
Vol(5)1.32M
Vol(50)1.79M