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TEAM Stock Forecast & Atlassian Corporation Chart Analysis

This article provides a detailed analysis of TEAM-Atlassian Corporation stock including a forecast for TEAM shares. It features Atlassian Corporation technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

TEAM Historical Data Review

TEAM Current Price Performance Analysis

The Atlassian Corporation - TEAM stock traded on the American stock market, on 06-05-2024, closed at 157.88$ with a %-0.04 decreased compared to the previous day.

In the last month, the price of TEAM changed by %-13.14 decreased in value, from 181.77 dollars on 05-06-2024 to 157.88 dollars, decreased.

Last year, the price of TEAM was 184.0 dollars on 06-06-2023, and changed by %-14.20 decreased in value, to 157.88 dollars decreased within a year.

The price of Atlassian Corporation stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.

TEAM with AI Stock Forecast & Price Target

TEAM stock forecast Atlassian Corporation price target

On the TEAM chart Atlassian Corporation price was recorded as 157.88 Dollars on 06/05/2024.

The artificial intelligence's forecast on TEAM stock is as follows.

The artificial intelligence's prediction error margin for TEAM stock is very high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for Atlassian Corporation stock over the next 4 months is: 302.9 Dollars.

The commentary on TEAM stock Target Price: Highest: 352.284 Dollars is predicted.

The commentary on TEAM stock Target Price: Lowest: 204.945 Dollars is predicted.

Resistance Price where Atlassian Corporation stock will Rise and Fall:

Date Price Prediction
10-03-2024 330.236
11-12-2024 322.151
01-16-2025 321.840
02-25-2025 352.284

Support Price where Atlassian Corporation stock will Fall and Rise:

Date Price Prediction
10-28-2024 318.012
12-12-2024 301.342
01-21-2025 320.827
04-01-2025 300.414

The commentary on TEAM stock: The target price can generally be said to be on the rise.

The commentary on TEAM stock: Fluctuations in the target price can be expected in the coming days.

The target price for Atlassian Corporation stock by the end of 2024 is predicted to be 313.318 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on TEAM stock, and the 2024 target price predictions for Atlassian Corporation are detailed above.

The technical analysis and charts for the commentary on TEAM stock are below.

TEAM Support & Resistance and Trend Analysis

TEAM review Atlassian Corporation technical analysis trend chart TEAM priceTEAM stock support and resistance price chart

TEAM stock you have reviewed the technical analysis support resistance charts regarding.

TEAM : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the TEAM review, the Atlassian Corporation support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

Atlassian Corporation Support and Resistance Prices:

TEAM Support Level Price TEAM Resistance Level Price
165.51 186.84
168.20 189.48
168.71 200.33
172.63 208.83
178.63 217.46
179.45 217.82
189.50 221.00
193.47 231.16
199.95 248.00
218.85 258.69

TEAM Technical Analysis: SMA, RSI, MACD

TEAM review Atlassian Corporation SMA chart analysis TEAM priceTEAM buy or sell review Atlassian Corporation MACD chart analysis TEAM price

Upon reviewing the TEAM chart, buy and sell signals have been generated in the Atlassian Corporation technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for TEAM stock are as follows:
  1. TEAM technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
  2. The technical analysis for Atlassian Corporation gave a 'Buy' signal when the RSI was at 28.067, with the current RSI value at 10.783.
  3. The technical analysis for Atlassian Corporation indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.

You have read the comments, technical analyses, target prices, and financial reports for Atlassian Corporation stock: Click here to read more predictions on Universal Music Group stock.

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