TEAM

TEAM

Atlassian Corp
Technology
$190.42 +2.59% As of Aug 28, 9:01 PM
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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

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.

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%)

TEAM Due for Rest After Push to $171.33

Bearish
Aug 24, 2026 at 9:01 PM $171.33 (-0.28%)
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 -14
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.