Why is TEAM Down Today?

TEAM
$192.61
▼ -2.05% ($-3.96)
Last updated: Oct 06, 2026 8:38 PM ET (562 min ago)

About Atlassian Corporation Class A Common Stock

Atlassian produces software that helps teams work together more efficiently and effectively. The company provides project planning and management software, collaboration tools, and IT help desk solutions. The company operates in four segments: subscriptions (term licenses and cloud agreements), main...

Sector: SERVICES-PREPACKAGED SOFTWARE
Market Cap: $39.24B
Forward P/E: 35.2
52-Week Range: $56.01 - $200.00
Employees: 13,813

Overall Confidence: 50%

50% Confident

Based on news, social sentiment, options activity, and sector analysis

MOMENTUM 50% Confidence
🎯 TEAM showing strong bearish momentum
TEAM is down 2.1% today on 0.4x average volume. The move appears to be driven by general market sentiment and momentum traders.

✅ Move Confirmation

LOW VOLUME 0.4x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

📍 Sector Context

SERVICES-PREPACKAGED SOFTWARE sector: 0.0%

TEAM is outperforming its sector by -2.0%. This suggests a stock-specific catalyst.

Market Comparison

TEAM is significantly underperforming the market (-2.6% vs SPY)
S&P 500
SPY
+0.55%
Nasdaq 100
QQQ
+0.46%
TEAM
This Stock
-2.05%
vs S&P 500: -2.6%
vs Nasdaq: -2.51%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, TEAM is expected to trade between:
$186.83 - $196.46

Key Level to Watch

$182.98 support
Watch for breakdown below $192.61

🔔 Get TEAM Alerts

We'll notify you when TEAM's trend changes or a new signal fires.

Last updated: Oct 06, 2026 8:38 PM (562 minutes ago)
Data refreshes every 30 minutes during market hours

Options Market Insight

Neutral
Options Sentiment
1.03
Put/Call Ratio
105.5%
Implied Volatility
Call Volume: 5,928
Put Volume: 6,104
Total: 12,032

Historical Context

TEAM has moved more than 3.0% down on 52 occasions in the past year.

57.7%
Continuation Rate
30/52 times continued down
-0.5%
Avg Next Day Change
After similar down moves
Last similar move: Sep 28, 2026 (-4.9%) → Next day: -1.4%

Frequently Asked Questions

Why is TEAM stock down today?

TEAM is down 2.1% today on 0.4x average volume. The move appears to be driven by general market sentiment and momentum traders.

Is TEAM stock a buy or sell right now?

Based on current analysis, TEAM shows 50% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the TEAM stock price target?

TEAM is currently trading at $192.61. Based on today's momentum, the expected short-term range is $186.83 - $196.46. See long-term price prediction →

Will TEAM stock continue falling?

Our analysis shows a 45% probability that TEAM's move continues in the next 1-3 days. Key level to watch: $182.98 (support).

Is TEAM stock oversold or overbought?

TEAM's RSI (Relative Strength Index) is currently at 59.1. This shows bullish momentum - the stock has positive momentum but isn't overextended yet.

What is the momentum for TEAM stock?

TEAM's 10-day momentum indicator is at 5.33. Strong bullish momentum - the stock is gaining significant upward force. This often precedes continued gains.

Is TEAM outperforming or underperforming the market?

TEAM (-2.05%) is currently significantly underperforming the market (-2.6% vs SPY). Today, the S&P 500 (SPY) is up 0.55%, and Nasdaq (QQQ) is up 0.46%.

What does MACD indicate for TEAM?

TEAM's MACD (5.79) is currently below the signal line (7.08), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 27.6) is strong.

Is TEAM in an uptrend or downtrend?

Based on moving average analysis, TEAM is in a bullish trend. The price ($192.61) is trading above both the 20-day SMA ($187.82) and 50-day SMA ($167.77). This alignment typically indicates sustained upward momentum.

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