Caution Warranted: TEAM RSI Elevated at $190.42
Bearish
Aug 28, 2026 at 9:01 PM
•
$190.42
(+2.59%)
The stock of Atlassian Corp (TEAM) climbed 2.59% to close at $190.42 on August 28.
From a technical standpoint, the outlook appears bullish:
Momentum
RSI at 78.9 is in overbought territory, suggesting potential near-term exhaustion. MACD is bullish (20.10 vs signal 19.03).
Moving Averages
The stock holds above both the 9-day ($173.37) and 21-day ($154.87) EMAs, confirming the uptrend.
Volatility
Bollinger Band width at 64.5% indicates normal volatility.
While the trend remains bullish, elevated RSI warrants caution for new entries at current levels.
Traders are watching $105.05 on the downside and $205.01 on the upside.