TEAM technical analysis

TEAM Technical Analysis

Analysis date

August 6, 2026

Market

NasdaqGS (USD)

Daily cutoff

August 5, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

TEAM Data Verification

Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.

Symbol
TEAM
Market
NasdaqGS
Currency
USD (US Dollar)
Latest completed bar
August 5, 2026

Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.

Validation seriesLatest CloseDateDifferenceStatus
Calculation series113.32August 5, 2026-Verified
Verification series113.32August 5, 20260.00%Verified

Bottom line

TEAM Technical Analysis Summary

TEAM (Atlassian) is showing a sharp recovery from a deep drawdown, with the daily chart strongly bullish in the short term while the weekly chart remains in a broader downtrend. On the daily timeframe, price at 113.32 sits above SMA20 (95.41), SMA50 (91.99), and SMA200 (108.30) after a 32.6% gain over the past 20 sessions, though the SMA200 still sits above the shorter averages, keeping the longer-term alignment mixed. RSI14 at 66.64 is strong but approaching overbought, and the daily MACD line at 5.31 is above the signal at 3.17 with a positive histogram at 2.14. The weekly picture is less constructive: price at 101.02 is above SMA20 (83.35) but well below SMA50 (117.75) and SMA200 (173.88), with RSI at 52.08 and the MACD still negative despite a rising histogram. Key resistance stands at 113.55 (20-day high) and 119.38 (60-day high). Key support is at 95.41 (SMA20) and then 80.00 (20-day low) and 74.41 (60-day low). The recovery stays intact as long as price holds above the daily SMA20.

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (August 5, 2026)

Trend
Bullish in the short term. Price at 113.32 is above SMA20 (95.41, +18.8%), SMA50 (91.99, +23.2%), and SMA200 (108.30, +4.6%), confirming a strong recovery. The 20-day average has crossed above the 50-day average, a short-term bullish signal, but the SMA200 at 108.30 remains above the SMA20, so the full moving-average alignment is not yet bullish.
Momentum
Bullish. RSI14 at 66.64 is strong and approaching overbought territory. MACD line at 5.31 is above the signal at 3.17 with a positive histogram at 2.14, confirming upward momentum. Momentum is positive but the elevated RSI suggests the advance may be extended in the near term.
Volatility
Elevated. ATR14 at 6.80 (6.00% of price) reflects wide daily ranges consistent with the recovery move. Bollinger Bands (79.21 to 111.62) are wide, and price at 113.32 closed above the upper band, indicating an extended short-term move.
Volume
Above average. Latest volume of 4,587,700 is 116.5% of the 20-period average (3,939,720), showing the recovery is supported by participation.

Assessment

The daily chart shows a powerful recovery with price back above all three major averages after the deep drawdown. The 20-day return of +32.6% and a close above the upper Bollinger band signal an extended move, so some consolidation is possible before the advance resumes. The bullish case stays intact while price holds above the SMA20 at 95.41. A sustained move above the 20-day high at 113.55 would open the path toward the 60-day high at 119.38, while a loss of the SMA20 would point to a pullback toward the 20-day low at 80.00.

Weekly (July 27, 2026 week)

Trend
Neutral with a bearish bias. Price at 101.02 is above SMA20 (83.35, +21.2%) but below SMA50 (117.75, -14.2%) and SMA200 (173.88, -41.9%). The weekly averages remain in bearish order after the extended decline, and the recovery has only reclaimed the 20-week average so far.
Momentum
Neutral. RSI14 at 52.08 sits near the 50 midline with no clear directional edge. MACD line at -6.14 is above the signal at -10.33 with a positive histogram at 4.19, showing momentum is improving from deeply negative territory even though the line is still below zero.
Volatility
Very high. ATR14 at 14.92 (14.77% of price) reflects extreme weekly ranges following the drawdown. Bollinger Bands (57.99 to 108.72) are exceptionally wide, with price at 101.02 near the upper band.
Volume
Below average. Weekly volume of 24,295,100 is 82.1% of the 20-week average (29,582,170), suggesting the recovery rally has not yet drawn full participation.

Assessment

The weekly chart remains in a longer-term downtrend that is in the early stages of a recovery. Price has reclaimed the 20-week average and the MACD histogram has turned positive, but price remains well below the 50-week and 200-week averages, and the 60-week return is still -52.9%. The key level to watch is the weekly SMA50 at 117.75. A weekly close above 117.75 would signal a more meaningful trend change, while a break below the weekly SMA20 at 83.35 would suggest the recovery has failed.

Key indicators

TEAM Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)66.6452.08
MACD (12, 26, 9)5.31 / 3.17 / 2.14-6.14 / -10.33 / 4.19
ATR (14)6.80 (6.00%)14.92 (14.77%)
Bollinger Bands (20, 2)79.21 - 111.6257.99 - 108.72
SMA (20)95.4183.35
SMA (50)91.99117.75
SMA (200)108.30173.88

Price structure

TEAM Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price113.32101.02
1-Period Return+2.73%+16.27%
5-Period Return+8.67%+28.29%
20-Period Return+32.58%+34.31%
60-Period Return+23.71%-52.91%
252-Period Return-38.97%-74.25%
52-Week Low56.0156.01
52-Week High189.69189.69
52-Week Position42.87%33.67%

Key levels

TEAM Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High113.55119.38
20-Period Low80.0056.01
60-Period High119.38222.59
60-Period Low74.4156.01

Scenarios

TEAM Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price breaks and holds above the 20-day high at 113.55 and then the 60-day high at 119.38 with above-average volume, extending the recovery.

Invalidation

Price closes back below the SMA20 at 95.41.

What to watch

Daily RSI holding above 60, the daily MACD histogram staying positive, volume expanding on break attempts, and a weekly close above the SMA50 at 117.75.

Range-Bound

Trigger

Price consolidates between the SMA20 support near 95.41 and the 20-day high resistance at 113.55 while the sharp recovery digests.

Invalidation

A decisive close beyond either boundary, above 119.38 or below 80.00, with above-average volume.

What to watch

RSI easing back toward the 55 to 65 zone, the MACD histogram flattening toward zero, and volume returning toward the 20-day average.

Bearish

Trigger

Price fails to hold the SMA20 (95.41) and breaks below the 20-day low at 80.00, then the 60-day low at 74.41, suggesting the recovery has failed and the downtrend resumes.

Invalidation

Price reclaims the SMA20 at 95.41 and holds above it.

What to watch

Daily RSI falling below 50, the daily MACD histogram turning negative, rising volume on down days, and cloud subscription and enterprise software spending trends.

Methodology

Methodology and Limitations

This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 5, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.

Frequently Asked Questions

This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 5, 2026, weekly July 27, 2026 week. Generated August 6, 2026.