TEAM

TEAM

Atlassian Corp
Technology
$190.42 +2.59% As of Aug 29, 1:07 AM
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Trade Idea

Strategy
Bull Call
Strikes
$90/91
Expiration
Aug 14
Target ROI
100.0%
Trade Reasoning
The current stock price of $90.81 is positioned just above the lower strike price of $90, signaling a favorable entry point for a Bull Call Spread. Without any identified technical risk factors, this setup allows us to capitalize on a potential upward move in the stock while limiting our risk exposure. The ATM spread structure enhances our risk/reward profile, providing a clear path to profitability with a high ROI potential while adhering to our disciplined trade management approach. Maya's edge comes from disciplined trade management—knowing when to exit is just as important as when to enter. Subscribe to get real-time open and close alerts that take the guesswork out of trading.

Technical Analysis

Sell Signal? TEAM RSI Peaks at $190.42

Bearish
Aug 29, 2026 at 1:07 AM $190.42 (+2.59%)

The stock of Atlassian Corp (TEAM) climbed 2.59% to close at $190.42 on August 29.

Key indicators suggest a bullish bias:

Momentum RSI at 79.0 is in overbought territory, suggesting potential near-term exhaustion. MACD reads 20.10 against its 19.03 signal line (bullish).
Moving Averages Moving averages are stacked bullishly—9-day EMA ($173.37) supports, 21-day ($154.87) below.
Volatility Bollinger Band width at 64.5% indicates normal volatility.

The bullish trend is intact, but overbought momentum readings suggest waiting for a pullback.

Support sits at $105.05 with resistance at $205.01.

Caution Warranted: TEAM RSI Elevated at $190.42

Bearish
Aug 28, 2026 at 9:01 PM $190.42 (+2.59%)

TEAM Approaches Resistance Overbought at $185.62

Bearish
Aug 27, 2026 at 9:01 PM $185.62 (+10.18%)

Caution Warranted: TEAM RSI Elevated at $168.47

Bearish
Aug 26, 2026 at 9:01 PM $168.47 (+1.19%)

Technical Caution: TEAM Overbought Near $166.49

Bearish
Aug 25, 2026 at 9:01 PM $166.49 (-2.83%)
Systematic technical analysis • Updated daily after market close
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Key Stats

Entry Price $0.50
Max Profit $0.50
Max Loss $0.50
Days to Exp -15
Trade Date Jul 14, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.