ATLASSIAN CORP-CL A (TEAM) Technical Analysis
NASDAQ:TEAM • US0494681010
Current stock price
TEAM Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to TEAM. 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.
- 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: 97% of all stocks are doing better.
- TEAM is one of the lesser performing stocks in the Software industry. 82% of 271 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.
- In the last month TEAM has a been trading in the 56.01 - 78.80 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- TEAM has an average volume of 7069760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TEAM Weekly and Daily overview Charts
TEAM Setup Rating and Analysis
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
TEAM Support and Resistance Analysis
59.11
2 important resistance areas can be observed.
- A resistance zone ranging from 63.04 to 63.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @110.58 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 | 3.02 | NEGATIVE | TEAM has a low relative strength, it was outperformed by 96.98% 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) | 33.18 | NEUTRAL | The RSI value for TEAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TEAM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.51 | NEUTRAL | The Stochastics value for TEAM is a neutral value. |
| Average True Range in percent/ATR (20) | 7.05 | HIGH VOLATILITY | The high ATR as a percentage value for TEAM suggests high volalility. |
| Average Directional Index/ADX (14) | 34.26 | 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
59.71
-1.59 (-2.59%)
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.
What is the RSI signal for TEAM stock?
ATLASSIAN CORP-CL A (TEAM) has an RSI value of 33.181. This indicates that the stock is currently neutral.
What is the buy/sell signal for ATLASSIAN CORP-CL A (TEAM) stock?
The buy/sell signal for ATLASSIAN CORP-CL A (TEAM) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for ATLASSIAN CORP-CL A (TEAM) stock?
ATLASSIAN CORP-CL A (TEAM) has a resistance level at 63.04. Check the full technical report for our detailed analysis of TEAM support and resistance levels.