TEAM

TEAM

Atlassian Corp
Technology
$174.23 +6.89% As of Aug 20, 2:52 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

TEAM Rally Stretched Thin Near $174.23

Bearish
Aug 20, 2026 at 2:52 AM $174.23 (+6.89%)

Atlassian Corp (TEAM) ticked higher by 6.89% to $174.23 on August 20.

Chart analysis reveals a mixed configuration:

Moving Averages Price trades above the 9-day EMA ($155.02) with a bullish stack. The 21-day EMA at $134.22 provides support.
Momentum RSI at 79.0 is in overbought territory, suggesting potential near-term exhaustion. MACD is bullish (20.20 vs signal 15.89).
Volatility Bollinger Band width at 96.5% indicates normal volatility.

While the trend remains bullish, elevated RSI warrants caution for new entries at current levels.

Key levels to watch: Support at $65.69, Resistance at $188.09.

Pullback Risk Rising for TEAM at $174.23

Bearish
Aug 19, 2026 at 9:01 PM $174.23 (+6.89%)

RSI Above 70: TEAM Getting Frothy at $163.00

Bearish
Aug 18, 2026 at 9:01 PM $163.00 (+2.95%)

TEAM Overbought Surge to $158.34 May Stall

Bearish
Aug 17, 2026 at 9:01 PM $158.34 (-2.40%)

TEAM Rally May Be Overextended Near $162.22

Bearish
Aug 16, 2026 at 4:34 AM $162.22 (-2.27%)
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 -104
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.