Question 1

What implications does the 10-day RSI indicator have for TEAM?

Accepted Answer

The RSI Oscillator for TEAM moved out of oversold territory on August 13, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 27 similar instances when the indicator left oversold territory. In 22 of the 27 cases the stock moved higher. This puts the odds of a move higher at 0%.

Question 2

What does the Stochastic Oscillator suggest about TEAM's trend?

Accepted Answer

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

Question 3

How did TEAM's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 16, 2024. You may want to consider a long position or call options on TEAM as a result. In 64 of 82 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What does MACD indicator imply for TEAM?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for TEAM just turned positive on August 19, 2024. Looking at past instances where TEAM's MACD turned positive, the stock continued to rise in 34 of 41 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

What is the significance of the 50-day moving average indicator for TEAM?

Accepted Answer

TEAM moved below its 50-day moving average on August 02, 2024 date and that indicates a change from an upward trend to a downward trend.

Question 6

What is the significance of the 10-day moving average indicator for TEAM?

Accepted Answer

The 10-day moving average for TEAM crossed bearishly below the 50-day moving average on August 05, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 10 of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 0%.

Question 7

What does a 3-day price advance indicate for TEAM?

Accepted Answer

Following a +8.29% 3-day Advance, the price is estimated to grow further. Considering data from situations where TEAM advanced for three days, in 254 of 336 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 8

What does a 3-day decline signify for TEAM's future price movement?

Accepted Answer

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 50 of 62 cases within the following month. The odds of a continued downward trend are 73%.

Question 9

What does TEAM breaking above its upper Bollinger Band indicate?

Accepted Answer

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

Question 10

How does the Aroon Indicator reflect on TEAM's trend?

Accepted Answer

The Aroon Indicator for TEAM entered a downward trend on August 14, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

TEAM Stock Atlassian (TEAM, $163.46) RSI Indicator left the oversold zone on June 06, 2024

TEAM's RSI Oscillator ascends from oversold territory

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