ATLASSIAN CORP-CL A (TEAM) Stock Technical Analysis
USA - NASDAQ:TEAM - US0494681010 - Common Stock
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.
TEAM has a poor technical rating and the quality of the setup is also only medium 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 144.03. 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 4 important areas.
- A resistance zone ranging from 157.90 to 161.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @168.98 from a trend line in the daily time frame.
- Resistance @177.78 from a horizontal line in the daily time frame.
- Resistance @203.31 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 | 12.45 | NEGATIVE | TEAM has a low relative strength, it was outperformed by 87.55% 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) | 35.99 | NEUTRAL | The RSI value for TEAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.72 | NEGATIVE | The MACD value suggests TEAM has a negative trend. |
| Stochastics (14,3) | 6.06 | OVERSOLD | The low Stochastics value suggests TEAM may be oversold. |
| Average True Range in percent/ATR (20) | 4.76 | MEDIUM VOLATILITY | The ATR as a percentage value for TEAM suggests some volalility. |
| Average Directional Index/ADX (14) | 14.34 | NEGATIVE | The low ADX value for TEAM suggests a weak or negative trend. |
144.04
-2.47 (-1.69%)
ATLASSIAN CORP-CL A / TEAM FAQ
What is the technical rating for TEAM stock?
ChartMill assigns a technical rating of 0 / 10 to TEAM.
Can you provide the trend direction for ATLASSIAN CORP-CL A?
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 35.99. This indicates that the stock is currently neutral.
What is the short term momentum for TEAM stock?
The short term momentum for ATLASSIAN CORP-CL A (TEAM) is negative.
Can you provide the buy/sell signal for ATLASSIAN CORP-CL A?
The buy/sell signal for ATLASSIAN CORP-CL A (TEAM) is sell as both the short term and long term trends are negative.