Pretiming: TEAM. Atlassian Corporation (TEAM) stock for the next 10-Day forecast and technical analysis.

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TEAM. Atlassian Corporation (TEAM) stock for the next 10-Day forecast and technical analysis.

TEAM Stock 10-Day forecast and technical analysis by pretiming.

Closed price

Jun 02, 2023

183.90

3.75%

Appropriate Investment Position: Neutral

Today's stock price Buy-Sell strength analysis

The current trend appears to be 'Entering a correction trend'. The OPEN-price started with a stronger upward rate than the current trend and The HIGH and LOW prices are showing a stronger HIGH-price and a weaker LOW-price Finally, the CLOSE-price closed with a suitable upward rate for the current trend.

The overall buy-and-sell strength indicates that the buy strength is stronger than the sell.

Assuming that the average buy strength is 100%,

Today's buy strength is

169%

 

 

Tomorrow's stock price Buy-Sell strength Forecast

Based on recent stock trends and technical analysis, it looks like TEAM stock is poised for an Correction trend tomorrow

The %strength of Risk & Return tomorrow :

-50%

HIGH ~ LOW % range tomorrow :

1.2%

-4.5%

Predicted Average loss over the next 3 days:

-8.5%

The price of TEAM stock moves in line with the rise and fall of the stock market index with a probability of

72%

 

, and conversely, it moves against the stock market index trend with a probability of

28%

 

because of the high similarity, the predicted flow might change depending on the flow of the stock market index. If any changes are made, the stock flow of the 10-day forecast may also change.

TEAM stock price 10 Day forecast

It is expected that the overall trend movement over the next 10 days will follow a sideways box pattern, with a ratio of 6 : 4 for the downward to upward direction, indicating a higher proportion of the downward trend. And, in terms of the expected strength of the upward and downward movements, the downward strength is moderate, while the upward strength is moderate. Currently, it's about to begin a correction trend as an upward trend gradually gives way to a slowdown in rises and falling fluctuations. but When the stock market opened, the Buy-Sell strength had turned into a stronger buying flow.

Indicating that We are currently in a bullish zone. Therefore, it is recommended to implement a strategy to increase profits and take a suitable investing position. A suitable investing position is 'Neutral' for now. The appropriate selling timing is predicted to be either today or tomorrow.

The selling date is

Jun 05

 

 

A good price to sell a stock:

$ 184.28

And the appropriate buying timing is predicted to be in 2 days.

 

The buying date is

Jun 05

to

Jun 06

A good price to buy a stock:

$ 167.55

(Forecast may change due to changes in the Buy-Sell strength)

Volatility of forecast

Due to sudden changes in Buy-Sell strength that can cause instability in trend linkage, pretiming forecasting can be highly volatile.

Predicting the turning point of the trend

The probability of a trend reversal occurring Today and approximately 6 days from now

45%

Forecast of Upper~Lower price range over the next 10 days

Price:

165.64

~

189.42

% Change:

-9.9%

~

3.0%

Median price between the upper and lower prices

177.53

-3.5%

Analysis of the trend zone & level% and average strength of trends

For the last 30 days, the average trend zone & level%

Bullish

0%

The Current trend zone & level%

Bullish

105%

The expected average trend zone & level% for the next 10 days

Bullish

7%

If the trend moves upward from the current trend level%, it's expected to have an average upward strength of

47%

(Max 100%)

And if it moves downward, it is expected to have a downward strength of

-45%

(Min -100%)

Forecasting the strength of the trend and the range of the HIGH ~ LOW

Trend

Strength%

HIGH

LOW

In 1 day: Correction trend

-50%

1.2%

-4.5%

In 2 days: Correction trend

-50%

1.1%

-4.6%

In 3 days: Correction trend

11%

1.0%

-2.7%

In 4 days: Entering a rebound trend

26%

2.2%

-1.4%

In 5 days: Entering a rebound trend

-8%

1.1%

-1.9%

In 6 days: Entering a rebound trend

-73%

0.5%

-3.8%

In 7 days: Rebound trend

49%

3.9%

-1.1%

In 8 days: Rebound trend

49%

3.9%

-1.1%

In 9 days: Entering a correction trend

-44%

0.2%

-3.0%

In 10 days: Entering a correction trend

100%

5.4%

0.0%

Average closing price in case of rising:

 

2.6%

=> HIGH ~ LOW range:

3.7%

~

-1.7%

Average closing price in case of falling:

 

-2.5%

=> HIGH ~ LOW range:

1.4%

~

-3.7%

Stock forecast is based on the buy-sell strength analysis of pretiming. Get detailed information including best stocks to buy, stock price target and investment strategy, Bearish & Bullish stock trend analysis, stock technical analysis.