ATLASSIAN CORP-CL A (TEAM) Technical Analysis
NASDAQ:TEAM • US0494681010
Current stock price
TEAM Technical Rating and Analysis
Overall TEAM gets a technical rating of 0 out of 10. TEAM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, TEAM is a bad performer in the overall market: 97% of all stocks are doing better.
- TEAM is part of the Software industry. There are 277 other stocks in this industry, of which 82% are performing better than TEAM.
- TEAM is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so TEAM is lagging the market.
- TEAM has an average volume of 6485450 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 67.85 - 88.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TEAM Weekly and Daily overview Charts
TEAM Setup Rating and Analysis
TEAM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
TEAM Support and Resistance Analysis
74.46
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 83.62 to 83.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @101.92 from a trend line in the daily time frame.
- Resistance @127.01 from a trend line in the weekly time frame.
- Resistance @137.06 from a trend line in the daily time frame.
- Resistance @142.56 from a trend line in the weekly time frame.
TEAM Technical Indicator Signal Analysis
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 | 3.55 | NEGATIVE | TEAM has a low relative strength, it was outperformed by 96.45% 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) | 36.41 | NEUTRAL | The RSI value for TEAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.88 | POSITIVE | The MACD value suggests TEAM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 39.86 | NEUTRAL | The Stochastics value for TEAM is a neutral value. |
| Average True Range in percent/ATR (20) | 7.39 | HIGH VOLATILITY | The high ATR as a percentage value for TEAM suggests high volalility. |
| Average Directional Index/ADX (14) | 37.57 | POSITIVE | The high ADX value value for TEAM suggests a strong trend. |
TEAM Chart- and CandleStick Pattern Analysis
TEAM Technicals: Chart, Performance Metrics, Trend & Indicators
75.21
+1.87 (+2.55%)
ATLASSIAN CORP-CL A / TEAM TA 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 36.4063. 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 1.87879, indicating a bullish trend.
What is the support and resistance level for TEAM stock?
ATLASSIAN CORP-CL A (TEAM) has a resistance level at 83.62. Check the full technical report for our detailed analysis of TEAM support and resistance levels.