ATLASSIAN CORP. - Daily - Technical analysis published on 07/05/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
61%
17%
22%
My opinion
Bullish above 129.56 USD
My targets
135.05 USD (+1.27%)
My analysis
ATLASSIAN CORP. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 129.56 USD. The next resistance located at 135.05 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ATLASSIAN CORP. rating is 133.36 USD. The price registered a decrease of -0.29% on the session and was between 133.22 USD and 135.16 USD. This implies that the price is at +0.11% from its lowest and at -1.33% from its highest.133.22
135.16
133.36
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of ATLASSIAN CORP. indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 101.94 | 115.58 | 129.56 | 133.36 | 135.05 |
| Change (%) | -23.56% | -13.33% | -2.85% | - | +1.27% |
| Change | -31.42 | -17.78 | -3.80 | - | +1.69 |
| Level | Major | Major | Major | - | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 129.09 | 130.06 | 131.91 | 132.88 | 134.72 | 135.69 | 137.54 |
| Camarilla | 132.98 | 133.23 | 133.49 | 133.75 | 134.01 | 134.27 | 134.52 |
| Woodie | 129.53 | 130.28 | 132.34 | 133.10 | 135.16 | 135.91 | 137.97 |
| Fibonacci | 130.06 | 131.14 | 131.80 | 132.88 | 133.95 | 134.62 | 135.69 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 114.28 | 118.85 | 124.85 | 129.42 | 135.42 | 139.99 | 145.99 |
| Camarilla | 127.93 | 128.90 | 129.87 | 130.84 | 131.81 | 132.78 | 133.75 |
| Woodie | 114.99 | 119.21 | 125.56 | 129.78 | 136.12 | 140.35 | 146.70 |
| Fibonacci | 118.85 | 122.89 | 125.39 | 129.42 | 133.46 | 135.96 | 139.99 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 58.07 | |
| MACD (12,26,9): | 2.1000 | |
| Directional Movement: | 4.91 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 133.10 | |
| Parabolic SAR (0,02-0,02-0,2): | 136.14 | |
| Elder Ray (13): | 3.11 | |
| Super Trend (3,10): | 122.60 | |
| Zig ZAG (10): | 133.36 | |
| VORTEX (21): | 1.1400 | |
| Stochastique (14,3,5): | 67.97 | |
| TEMA (21): | 132.46 | |
| Williams %R (14): | -29.17 | |
| Chande Momentum Oscillator (20): | 2.71 | |
| Repulse (5,40,3): | -0.0200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2600 | |
| Courbe Coppock: | 3.25 |
| MA7: | 130.69 | |
| MA20: | 130.83 | |
| MA50: | 124.16 | |
| MA100: | 116.51 | |
| MAexp7: | 131.88 | |
| MAexp20: | 130.09 | |
| MAexp50: | 124.88 | |
| MAexp100: | 116.78 | |
| Price / MA7: | +2.04% | |
| Price / MA20: | +1.93% | |
| Price / MA50: | +7.41% | |
| Price / MA100: | +14.46% | |
| Price / MAexp7: | +1.12% | |
| Price / MAexp20: | +2.51% | |
| Price / MAexp50: | +6.79% | |
| Price / MAexp100: | +14.20% |
News
Don"t forget to follow the news on ATLASSIAN CORP.. At the time of publication of this analysis, the latest news was as follows:
- Atlassian Co-CEOs Adopt New 10b5-1 Trading Plans
- SignalFx’s New Integration with Atlassian’s Opsgenie Aims to Attack Digital Disruptions
- Sumo Logic Integration with Atlassian Opsgenie Empowers Customers to Improve Visibility and Monitoring Across Full Incident Management Lifecycle
- Atlassian to Hold Investor Session on April 10, 2019 and Announces Timing of Third Quarter Fiscal Year 2019 Results
- Atlassian to Present at Upcoming Investor Conferences
This member declared not having a position on this financial instrument or a related financial instrument.
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