ATLASSIAN CORP-CL A (TEAM)
US0494681010 - Common Stock
We assign a technical rating of 6 out of 10 to TEAM. In the last year, TEAM was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month TEAM has a been trading in the 239.92 - 285.38 range, which is quite wide. It is currently trading near the lows of this range.
TEAM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TEAM is performing more or less in line with the market.
TEAM has an average volume of 2201560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the yearly performance of all stocks, we notice that TEAM is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this relatively good performance is mostly due to a recent big move.
TEAM is part of the Software industry. There are 280 other stocks in this industry, TEAM did better than 62% of them.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, TEAM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. We notice that large players showed an interest for TEAM in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
142.07
252.77
We found 4 important support areas.
- Support @250.10 from a horizontal line in the weekly time frame.
- A support zone ranging from 238.92 to 245.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @196.98 from a trend line in the daily time frame.
- Support @143.50 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.04
Mansfield1.6
10 Day High259.49
10 Day Low239.92
20 Day High285.38
20 Day Low239.92
52 Week High287.97
52 Week Low135.29
Performance
1 Week-1.56%
2 Weeks0.03%
1 Month-12.95%
3 Month46.36%
6 Month33.61%
12 Month10.69%
2 Year54.85%
3 Year-22.84%
5 Year70.25%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-3.67
RSI(14)47.53
LBB233.36
UBB278.29
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 259.50 | 250.09 | 9.41 (3.63%) | 25.00% |
| An entry @259.50. This is a Buy Stop order right above the 10 day high. | An exit @250.09. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 9.41 points, which is 3.63%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.91%. |
- The distance between exit and entry is rather small compared to the average daily movement of TEAM. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ATLASSIAN CORP-CL A
NASDAQ:TEAM (1/3/2025, 8:05:21 PM)
After market: 250.95 +0.68 (+0.27%)250.27
+7.88 (+3.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg3.25%
1 Week-1.56%
2 Weeks0.03%
1 Month-12.95%
3 Month46.36%
6 Month33.61%
12 Month10.69%
2 Year54.85%
3 Year-22.84%
5 Year70.25%
10 YearN/A
15 YearN/A
Volatility
ATR(14)8.39
ATR(20)%3.42%
ATR Inc-11.36%
Range Today8.11
ADR(20)8.29
ADR(20)%3.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.04
Mansfield1.6
10 Day High259.49
10 Day Low239.92
20 Day High285.38
20 Day Low239.92
52 Week High287.97
52 Week Low135.29
CS1 End250.1
CR1 StartN/A
Volume & EV
DER(3)3.92%
DER(5)2.54%
Volume2.13M
Volume Incr-25.74%
Vol(5)1.42M
Vol(50)2.20M