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TEAM
Stock ticker:
NASDAQ
AS OF
Jun 24 closing price
Price
$205.32
Change
+$12.06 (+6.24%)
Capitalization
52.05B

TEAM Price Prediction, Atlassian Corp AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar
AI
A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT Jun 24, 2022

Momentum Indicator for TEAM turns positive, indicating new upward trend

TEAM saw its Momentum Indicator move above the 0 level on June 24, 2022. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 88 similar instances where the indicator turned positive. In 73 of the 88 cases, the stock moved higher in the following days. The odds of a move higher are at 83%.

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where TEAM's RSI Indicator exited the oversold zone, of 18 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for TEAM just turned positive on May 23, 2022. Looking at past instances where TEAM's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .

TEAM moved above its 50-day moving average on June 24, 2022 date and that indicates a change from a downward trend to an upward trend.

Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where TEAM advanced for three days, in of 373 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 353 cases where TEAM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where TEAM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

TEAM broke above its upper Bollinger Band on June 02, 2022. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 88, placing this stock slightly better than average.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. TEAM’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: TEAM's P/B Ratio (172.414) is slightly higher than the industry average of (20.154). P/E Ratio (0.000) is within average values for comparable stocks, (127.007). Projected Growth (PEG Ratio) (4.905) is also within normal values, averaging (4.485). Dividend Yield (0.000) settles around the average of (0.030) among similar stocks. P/S Ratio (19.920) is also within normal values, averaging (112.987).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

AI
A.I.Advisor
published price charts
AI
A.I. Advisor
published Earnings

TEAM is expected to report earnings to fall 44.66% to 26 cents per share on July 28

Atlassian Corp TEAM Stock Earnings Reports
Q2'22
Est.
$0.26
Q1'22
Beat
by $0.15
Q4'21
Beat
by $0.11
Q3'21
Beat
by $0.06
Q2'21
Beat
by $0.06
The last earnings report on April 28 showed earnings per share of 46 cents, beating the estimate of 31 cents. With 2.43M shares outstanding, the current market capitalization sits at 52.05B.
AI
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Oracle Corp (NYSE:ORCL), Salesforce (NYSE:CRM), Adobe (NASDAQ:ADBE), Intuit (NASDAQ:INTU), SERVICENOW (NYSE:NOW), NetEase (NASDAQ:NTES), Activision Blizzard (NASDAQ:ATVI), Atlassian Corp (NASDAQ:TEAM), Palo Alto Networks (NYSE:PANW).

Industry description

Packaged software comprises multiple software programs bundled together and sold as a group. For example, Microsoft Office includes multiple applications such as Excel, Word, and PowerPoint. In some cases, buying a bundled product is cheaper than purchasing each item individually[s20] . Microsoft Corporation, Oracle Corp. and Adobe are some major American packaged software makers.

Market Cap

The average market capitalization across the Packaged Software Industry is 6.28B. The market cap for tickers in the group ranges from 580 to 2T. MSFT holds the highest valuation in this group at 2T. The lowest valued company is NANN at 580.

High and low price notable news

The average weekly price growth across all stocks in the Packaged Software Industry was 5%. For the same Industry, the average monthly price growth was -0%, and the average quarterly price growth was -28%. LAAB experienced the highest price growth at 219%, while PRTHU experienced the biggest fall at -75%.

Volume

The average weekly volume growth across all stocks in the Packaged Software Industry was 64%. For the same stocks of the Industry, the average monthly volume growth was 174% and the average quarterly volume growth was 247%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 52
P/E Growth Rating: 71
Price Growth Rating: 68
SMR Rating: 71
Profit Risk Rating: 88
Seasonality Score: 7 (-100 ... +100)
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AI
A.I. Advisor
published General Information

General Information

an enterprise software solutions provider

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
Information Technology Services
Address
341 George Street
Phone
+61 292621443
Employees
6433
Web
https://www.atlassian.com

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TEAM and Stocks

Correlation & Price change

A.I.dvisor indicates that over the last year, TEAM has been closely correlated with NOW. These tickers have moved in lockstep 80% of the time. This A.I.-generated data suggests there is a high statistical probability that if TEAM jumps, then NOW could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To TEAM
1D Price
Change %
TEAM100%
+6.24%
NOW - TEAM
80%
Closely correlated
+3.82%
HUBS - TEAM
79%
Closely correlated
+4.63%
MDB - TEAM
78%
Closely correlated
+4.29%
DDOG - TEAM
78%
Closely correlated
+6.84%
OKTA - TEAM
76%
Closely correlated
+8.42%
More