Technical Analysis for TEAM - Atlassian Corporation Plc

Grade Last Price % Change Price Change
F 179.45 -9.56% -18.96
TEAM closed down 9.56 percent on Friday, April 26, 2024, on 3.58 times normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.
Earnings due: May 2
*** please verify all earnings dates ***
9 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
MACD Bearish Signal Line Cross Bearish 0.00%
Hammer Candlestick Bullish 0.00%
Volume Surge Other 0.00%
Multiple of Ten Bearish Other 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Gapped Down Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
20 DMA Support Bullish -9.56%

   Recent Intraday Alerts

Alert Time
2x Volume Pace about 16 hours ago
1.5x Volume Pace about 16 hours ago
3x Volume Pace about 16 hours ago
5x Volume Pace about 16 hours ago
Gapped Down (Full) about 17 hours ago

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Atlassian Corporation Plc designs, develops, licenses, and maintains software, as well as provides software hosting services worldwide. The company offers JIRA, a team planning and project management platform; Confluence, a team content creation and sharing solution; HipChat, a team messaging and communications tool; and Bitbucket, a team code sharing and management software, as well as JIRA Service Desk for team services and support applications. Its products enable teams to organize, discuss and complete shared work. Atlassian Corporation Plc was founded in 2002 and is headquartered in Sydney, Australia.
Classification

Sector: Technology
Industry: Software - Application
Keywords: Computing Nasdaq 100 Software Software As A Service Project Management Work From Home Web Application Instant Messaging Project Management Software Content Creation Communications Tool

Is TEAM a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Comments

T

TraderMike 4 months ago

This has been on my watchlist for a few weeks.  I didn't participate in the December rally but I'm liking this pullback.   Let's see if the 20 DMA can become support

0 Reply
S

SwingScalp 4 months ago

I had it on my shorts watchlist to kick off the new year and have been riding the downdraft in it and other high-flyer software/cloud names.  Until the rotation out of the XLK names into XLV, XLE, etc. stops, then I think there is more room for the XSW and the Semis to go lower.

0 Reply
T

TraderMike 4 months ago

Nice catch on the short!  I had a pretty long watchlist of potential shorts at the end of December -- so many parabolic charts & long upper Bollinger Band Walks to choose from.  I managed to nail MARA on the 28th & closed it out on the 29th.  Haven't shorted anything yet this year but I'm on the lookout for some weak bounces in certain names.

1 Reply

View full discussion...

Indicators

Indicator Value
52 Week High 258.69
52 Week Low 128.02
Average Volume 1,639,258
200-Day Moving Average 201.85
50-Day Moving Average 200.34
20-Day Moving Average 196.92
10-Day Moving Average 193.75
Average True Range 8.16
RSI (14) 34.64
ADX 21.45
+DI 17.57
-DI 41.45
Chandelier Exit (Long, 3 ATRs) 192.99
Chandelier Exit (Short, 3 ATRs) 196.82
Upper Bollinger Bands 210.65
Lower Bollinger Band 183.19
Percent B (%b) -0.14
BandWidth 13.94
MACD Line -2.64
MACD Signal Line -1.92
MACD Histogram -0.7245
Fundamentals Value
Market Cap 28.24 Billion
Num Shares 157 Million
EPS -1.49
Price-to-Earnings (P/E) Ratio -120.44
Price-to-Sales 14.02
Price-to-Book 62.79
PEG Ratio 3.77
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 196.78
Resistance 3 (R3) 196.34 190.12 193.89
Resistance 2 (R2) 190.12 185.71 190.34 192.93
Resistance 1 (R1) 184.79 182.98 181.68 185.23 191.97
Pivot Point 178.57 178.57 177.01 178.79 178.57
Support 1 (S1) 173.23 174.15 170.12 173.67 166.93
Support 2 (S2) 167.01 171.42 167.23 165.97
Support 3 (S3) 161.68 167.01 165.01
Support 4 (S4) 162.12