ATLASSIAN CORP-CL A (TEAM) Stock Technical Analysis
NASDAQ:TEAM - US0494681010 - Common Stock
176.78 USD
+4.9 (+2.85%)
177 USD
+0.22 (+0.12%)
Overall TEAM gets a technical rating of 0 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, TEAM is a bad performer in the overall market: 78% of all stocks are doing better.
TEAM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
TEAM has an average volume of 2540050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TEAM is part of the Software industry. There are 282 other stocks in this industry, TEAM did better than 41% of them.
In the last month TEAM has a been trading in the 156.69 - 190.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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. There is very little resistance above the current price. There is a support zone below the current price at 170.51, a Stop Loss order could be placed below this zone.
More info and screens
165.32
220.79
We found 1 important support area.
- A support zone ranging from 166.99 to 170.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- Resistance @184.87 from a trend line in the daily time frame.
- Resistance @214.94 from a trend line in the daily time frame.
- Resistance @218.60 from a horizontal 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 | NEUTRAL | NEUTRAL | The short term trend for TEAM is neutral. |
| ChartMill Relative Strength | 22.79 | NEGATIVE | TEAM has a low relative strength, it was outperformed by 77.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TEAM is above 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) | 50.34 | NEUTRAL | The RSI value for TEAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.83 | POSITIVE | The MACD value suggests TEAM has a positive trend. |
| Stochastics (14,3) | 63.82 | NEUTRAL | The Stochastics value for TEAM is a neutral value. |
| Average True Range in percent/ATR (20) | 4 | MEDIUM VOLATILITY | The ATR as a percentage value for TEAM suggests some volalility. |
| Average Directional Index/ADX (14) | 27.41 | POSITIVE | The high ADX value value for TEAM suggests a strong 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)
176.78
+4.9 (+2.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg2.85%
1 Week7.41%
2 Weeks7.54%
1 Month-7.82%
3 Month-14.86%
6 Month-37.81%
12 Month6.75%
2 Year-13.37%
3 Year-28.62%
5 Year-7.81%
10 YearN/A
15 YearN/A
Volatility
ATR(14)6.26
ATR(20)%4%
ATR Inc-3.2%
Range Today5.1
ADR(20)6.76
ADR(20)%3.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.79
Mansfield-2.7
10 Day High177.91
10 Day Low161.86
20 Day High190
20 Day Low156.69
52 Week High326
52 Week Low154.07
CS1 End170.51
CR1 Start184.87
Volume & EV
DER(3)-1.03%
DER(5)-1.34%
Volume2.76M
Volume Incr-26.25%
Vol(5)2.12M
Vol(50)2.54M