TEAM

TEAM

Atlassian Corp
Technology
$57.15 -3.07% As of Apr 11, 4:32 AM
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Trade Idea

Strategy
Bull Call
Strikes
$68/69
Expiration
May 8
Target ROI
100.0%
Trade Reasoning
The bullish MACD indicator signals strong upward momentum for TEAM, making this an ideal entry point for a Bull Call Spread. By selecting an ATM spread with strike prices of $68 and $69, we position ourselves to capitalize on potential price appreciation while limiting risk. This structure allows for a favorable risk/reward profile, targeting significant gains with controlled exposure to loss. 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.
Bullish Factors
MACD Positive and Rising.

Technical Analysis

Technical Washout Creates TEAM Opportunity at $57.15

Bullish
Apr 11, 2026 at 4:32 AM $57.15 (-3.07%)

Atlassian Corp (TEAM) slipped 3.07% to $57.15 on April 11.

The technical picture is bearish:

Moving Averages Bearish EMA structure persists with price below the 9-day ($63.86) and 21-day ($68.83).
Momentum RSI at 26.2 is depressed in oversold territory, where bounces often originate. MACD is bearish (-5.84 vs signal -5.65).
Volatility Price has pierced the lower Bollinger Band ($58.36), which often precedes a bounce.

Despite the bearish EMA structure, oversold RSI suggests patient buyers may find opportunity near $58.36.

The $58.36-$79.22 range defines near-term boundaries.

TEAM Selling Exhaustion Signals Near $57.15

Bullish
Apr 10, 2026 at 9:00 PM $57.15 (-3.07%)

Technical Washout Creates TEAM Opportunity at $58.96

Bullish
Apr 9, 2026 at 9:00 PM $58.96 (-7.33%)

Sellers Dominate TEAM Below Key EMAs at $63.62

Bearish
Apr 9, 2026 at 3:03 AM $63.62 (-1.87%)

Technical Damage Mounts for TEAM at $63.62

Bearish
Apr 8, 2026 at 9:00 PM $63.62 (-1.87%)
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 26
Trade Date Apr 6, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.