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TEAM
Stock ticker: NASDAQ
AS OF
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Price
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Capitalization
50.82B

TEAM Price Prediction, Atlassian Corp AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for TEAM with price predictions
08:00 PM EDT Oct 02, 2023

TEAM in downward trend: price dove below 50-day moving average on October 03, 2023

TEAM moved below its 50-day moving average on October 03, 2023 date and that indicates a change from an upward trend to a downward trend. In of 43 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for TEAM moved out of overbought territory on September 12, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 40 similar instances where the indicator moved out of overbought territory. In of the 40 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Momentum Indicator moved below the 0 level on September 19, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on TEAM as a result. In of 91 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for TEAM turned negative on September 15, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 44 similar instances when the indicator turned negative. In of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at .

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 .

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 53 cases where TEAM's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TEAM advanced for three days, in of 353 cases, the price rose further within the following month. The odds of a continued upward trend are .

TEAM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 297 cases where TEAM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

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 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 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 90, placing this stock slightly better than average.

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: P/B Ratio (77.519) is normal, around the industry mean (19.804). P/E Ratio (0.000) is within average values for comparable stocks, (153.058). Projected Growth (PEG Ratio) (3.710) is also within normal values, averaging (2.596). Dividend Yield (0.000) settles around the average of (0.087) among similar stocks. P/S Ratio (14.327) is also within normal values, averaging (74.161).

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.

A.I. Advisor
published Earnings

TEAM is expected to report earnings to fall 31.58% to 38 cents per share on November 02

Atlassian Corp TEAM Stock Earnings Reports
Q3'23
Est.
$0.39
Q2'23
Beat
by $0.21
Q1'23
Beat
by $0.12
Q4'22
Beat
by $0.06
Q3'22
Missed
by $0.04
The last earnings report on August 03 showed earnings per share of 56 cents, beating the estimate of 36 cents. With 949.22K shares outstanding, the current market capitalization sits at 50.82B.
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Oracle Corp (NYSE:ORCL), Adobe (NASDAQ:ADBE), Salesforce (NYSE:CRM), Intuit (NASDAQ:INTU), SERVICENOW (NYSE:NOW), Uber Technologies (NYSE:UBER), Activision Blizzard (NASDAQ:ATVI), Palo Alto Networks (NASDAQ:PANW), VMware (NYSE:VMW).

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 8.09B. The market cap for tickers in the group ranges from 291 to 2.33T. MSFT holds the highest valuation in this group at 2.33T. The lowest valued company is BLGI at 291.

High and low price notable news

The average weekly price growth across all stocks in the Packaged Software Industry was -1%. For the same Industry, the average monthly price growth was -8%, and the average quarterly price growth was 2%. ONEI experienced the highest price growth at 122%, while AJIA experienced the biggest fall at -75%.

Volume

The average weekly volume growth across all stocks in the Packaged Software Industry was 22%. For the same stocks of the Industry, the average monthly volume growth was 13% and the average quarterly volume growth was 34%

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: 73
Price Growth Rating: 64
SMR Rating: 83
Profit Risk Rating: 89
Seasonality Score: 3 (-100 ... +100)
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A.I.Advisor
published price charts
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
10726
Web
https://www.atlassian.com
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TEAM and

Correlation & Price change

A.I.dvisor indicates that over the last year, TEAM has been closely correlated with BIGC. These tickers have moved in lockstep 76% of the time. This A.I.-generated data suggests there is a high statistical probability that if TEAM jumps, then BIGC could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To TEAM
1D Price
Change %
TEAM100%
-3.47%
BIGC - TEAM
76%
Closely correlated
-3.73%
NET - TEAM
72%
Closely correlated
-6.57%
APPN - TEAM
70%
Closely correlated
-5.03%
SNOW - TEAM
65%
Loosely correlated
-1.57%
ESTC - TEAM
65%
Loosely correlated
-1.78%
More