Jan 15, 2026 at 9:02 PM
•
$128.45
(-2.66%)
The stock of Atlassian Corp (TEAM) dropped 2.66% to close at $128.45 on January 15.
From a technical standpoint, the outlook appears bearish:
Moving Averages
Price sits below both the 9-day ($143.07) and 21-day ($150.04) EMAs, suggesting short-term weakness.
Momentum
RSI at 22.1 is approaching oversold territory, which may present buying opportunities. MACD is bearish (-6.12 vs signal -2.69).
Volatility
Price has pierced the lower Bollinger Band ($133.01), which often precedes a bounce.
Despite the bearish EMA structure, oversold RSI suggests patient buyers may find opportunity near $133.01.
Support sits at $133.01 with resistance at $176.66.