We assign a technical rating of 0 out of 10 to TEAM. 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.
The technical rating of TEAM is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
140.02
We found 2 important support areas.
- A support zone ranging from 144.03 to 144.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @141.43 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 158.39 to 163.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @169.48 from a trend line in the daily time frame.
- A resistance zone ranging from 176.09 to 177.78. This zone is formed by a combination of multiple trend lines in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for TEAM is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TEAM is neutral. |
| ChartMill Relative Strength | 18.26 | NEGATIVE | TEAM has a low relative strength, it was outperformed by 81.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TEAM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TEAM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TEAM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.9 | NEUTRAL | The RSI value for TEAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.55 | NEGATIVE | The MACD value suggests TEAM has a negative trend. |
| Stochastics (14,3) | 40.99 | NEUTRAL | The Stochastics value for TEAM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.99 | MEDIUM VOLATILITY | The ATR as a percentage value for TEAM suggests some volalility. |
| Average Directional Index/ADX (14) | 15.97 | NEGATIVE | The low ADX value for TEAM suggests a weak or negative trend. |
154.76
-7.38 (-4.55%)
ATLASSIAN CORP-CL A / TEAM FAQ
What is the technical rating for TEAM stock?
ChartMill assigns a technical rating of 0 / 10 to TEAM.
What is the current trend direction of ATLASSIAN CORP-CL A (TEAM) stock?
The current trend direction for ATLASSIAN CORP-CL A (TEAM) is Bearish.
Can you provide the RSI signal for ATLASSIAN CORP-CL A?
ATLASSIAN CORP-CL A (TEAM) has an RSI value of 41.9035. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ATLASSIAN CORP-CL A?
The MACD indicator for ATLASSIAN CORP-CL A (TEAM) has a value of -0.548993, indicating a bearish trend.
What is the support and resistance level for TEAM stock?
ATLASSIAN CORP-CL A (TEAM) has a support level at 144.56 and a resistance level at 158.39. Check the full technical report for our detailed analysis of TEAM support and resistance levels.