Atlassian Corporation (TEAM)

Atlassian Corporation is trading at $191.72, down 6.07% on the session. The 50 day average sits at $195.23 and the 200 day at $117.78, which puts the stock in a uptrend. RSI is at 41.3, which reads as weak, and MACD is bearish crossover. Volume is volume spike.

The nearest support is around $185.58 with resistance near $198.60, so that band frames the current range. Average daily movement is roughly $10.00, or about 5.2% of the share price, which is what any stop placement has to allow for. The overall health score of 56 out of 100 combines a trend score of 80, momentum of 39 and a risk score of 42.

Atlassian Corporation provides a collaboration software that enables organizations to connect all teams through a system of work that unlocks productivity at scale worldwide. The company's product portfolio includes Jira, Confluence, Loom, Jira Service Management, Rovo, Bitbucket, Compass, Jira Product Discovery, Focus, Talent, Trello, and Guard. It also offers Collections, a curated sets of apps and agents built on the Atlassian cloud platform and designed to solve cross-functional customer workflows, including teamwork, service, strategy, software, and product collections. The company was founded in 2002 and is headquartered in Sydney, Australia.