ATLASSIAN CORP-CL A (TEAM) Stock Technical Analysis
USA - NASDAQ:TEAM - US0494681010 - Common Stock
169.05 USD
-0.58 (-0.34%)
169.3 USD
+0.25 (+0.15%)
Overall TEAM gets a technical rating of 1 out of 10. 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: 77% of all stocks are doing better.
TEAM is one of the lesser performing stocks in the Software industry. 63% of 280 stocks in the same industry do 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.
TEAM has an average volume of 2500660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month TEAM has a been trading in the 163.81 - 184.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, TEAM does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
165.32
214.10
We found 1 important support area.
- Support @166.99 from a horizontal line in the weekly time frame.
We can see 5 important resistance areas.
- Resistance @169.41 from a trend line in the weekly time frame.
- A resistance zone ranging from 172.59 to 174.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 177.79 to 178.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 182.11 to 182.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @211.98 from a trend line 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 | DOWN | NEGATIVE | The short term trend for TEAM is down. |
| ChartMill Relative Strength | 23.18 | NEGATIVE | TEAM has a low relative strength, it was outperformed by 76.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TEAM is below the rising 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) | 43.67 | NEUTRAL | The RSI value for TEAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests TEAM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 26.28 | NEUTRAL | The Stochastics value for TEAM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.37 | MEDIUM VOLATILITY | The ATR as a percentage value for TEAM suggests some volalility. |
| Average Directional Index/ADX (14) | 14.19 | NEGATIVE | The low ADX value for TEAM suggests a weak or negative trend. |
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)
169.05
-0.58 (-0.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.34%
1 Week-3.33%
2 Weeks-1.96%
1 Month2.71%
3 Month-10.81%
6 Month-25.64%
12 Month3.66%
2 Year-16.11%
3 Year-19.73%
5 Year-7.01%
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.63
ATR(20)%3.37%
ATR Inc0.34%
Range Today3.56
ADR(20)5.19
ADR(20)%3.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.18
Mansfield-3.14
10 Day High184
10 Day Low168.12
20 Day High184
20 Day Low163.81
52 Week High326
52 Week Low155.37
CS1 End166.99
CR1 Start169.41
Volume & EV
DER(3)-0.03%
DER(5)-0.37%
Volume2.75M
Volume Incr-3.99%
Vol(5)2.14M
Vol(50)2.50M