Atlassian stock closed on Thursday, November 5, 2026, at $183.29, down 3.47%, settling below key daily exponential averages. The session opened at $185.02, traded between a low of $180.81 and a high of $187.98, and closed at $183.29, against a previous close of $189.88. The bearish daily structure is confirmed on the hourly chart, though a positive 15-minute MACD histogram offers a limited counterpoint that does not outweigh the broader technical setup.
TEAM — daily chart with candlesticks, EMA20/EMA50 and volume.
Key takeaways
Atlassian stock closed Thursday at $183.29, a decline of 3.47% from the prior session’s close of $189.88.
The daily close sits below the 50-session EMA at $190.13 and the 20-session EMA at $201.73; the 200-session EMA is at $148.62.
Daily RSI14 is at 37.8, below the neutral 50 threshold and approaching oversold territory.
The daily MACD line stands at -1.07, below its signal at 4.11, with a negative histogram of -5.18.
Next-session daily pivot is $184.03, with first resistance at $187.24 and first support at $180.08.
Atlassian stock: Daily evidence favors the bearish case
The daily close sits below the 50-session EMA at $190.13 and the 20-session EMA at $201.73. Those averages define overhead barriers. However, the 200-session EMA is below price at $148.62, so the daily averages do not form a fully bearish sequence.
Meanwhile, daily RSI14 fell to 37.8 from 41.38 in the preceding session. RSI14 at 37.8 is below the neutral 50 threshold and approaching oversold territory. That relationship supports the bearish bias.
The daily Bollinger lower band is $181.58, below the close. The mid-band at $208.72 sits above it. Price therefore occupies the lower portion of the band structure. Daily ATR14 reads $10.04, providing a volatility reference rather than a directional signal.
Hourly confirmation, with a short-term conflict
On the hourly chart, the close sits below the 20-hour EMA at $187.26, the 50-hour EMA at $194.72 and the 200-hour EMA at $200.01. Price sits below all three of those hourly averages, confirming the daily bias.
Moreover, hourly RSI14 declined to 36.97 from 38.53 in the preceding hourly candle and remains below 50. The MACD line is -3.36, below its signal at -3.35, with a histogram of -0.01. That is a bearish relationship, although the line and signal are close together. The close also sits between the hourly Bollinger lower band at $180.86 and mid-band at $187.61.
15-minute chart offers a limited counterpoint
In contrast, the 15-minute MACD line at -0.98 is above its signal at -1.09, producing a positive histogram of 0.1. This is a short-term counterpoint to the daily and hourly readings. Yet 15-minute RSI14 is 41.89, below 50, and the close remains below the 20-quarter-hour EMA at $183.85. It also sits below the 15-minute Bollinger mid-band at $183.72. The execution picture is mixed rather than broadly bullish.
Earnings reports belong to a later trading context
Separately, earnings coverage published after Thursday’s session adds important context without explaining that session’s decline. A transcript report published on Friday, November 6, 2026, said management flagged tougher comparisons following a strong quarter for Cloud and AI adoption. Another Friday report said management guided to near-term deceleration in cloud and subscription ARR growth.
Investing.com reported on Friday that shares fell 15.8% in pre-open trading after the earnings call revealed a sharp deceleration in the forward growth outlook. The report said this overshadowed quarterly results that beat analyst expectations. That reported move is separate from Thursday’s completed session; the chart levels discussed here are anchored to Thursday’s close.
Bullish and bearish conditions for the next session
When trading resumes, the daily pivot for the next session sits at $184.03, with first resistance at $187.24 and first support at $180.08. These are reference levels, not evidence that price has already traded through them.
Bullish scenario
A bullish scenario would require price to reclaim the next-session daily pivot at $184.03 and clear first resistance at $187.24. Above those levels, the 50-session EMA at $190.13 and 20-session EMA at $201.73 would remain overhead barriers. Clearing those averages would provide stronger support for a bullish daily case than the positive 15-minute histogram alone.
Bearish scenario
Conversely, a break below the daily lower Bollinger band at $181.58 would undermine that bullish scenario. A break below next-session daily first support at $180.08 would add bearish confirmation. Failure to reclaim the pivot would leave the daily EMA barriers unresolved.
Overall, Atlassian stock’s completed-session close stands below the next-session daily pivot and above the daily lower Bollinger band. Daily ATR14 of $10.04 frames the volatility. The unresolved question is where trading resumes relative to those references after the subsequent earnings reports.
FAQ
Where did Atlassian stock close on Thursday?
Atlassian stock closed Thursday’s session at $183.29, down 3.47% from the prior close of $189.88 on November 4, 2026.
What do the daily moving averages show for TEAM?
The close sits below the 50-session EMA at $190.13 and the 20-session EMA at $201.73. The 200-session EMA at $148.62 is below price, so the daily averages do not form a fully bearish sequence.
What are the key levels for the next session?
The next-session daily pivot is $184.03, with first resistance at $187.24 and first support at $180.08. The daily lower Bollinger band is at $181.58.
What did the earnings reports say after Thursday’s close?
Reports published after the close cited management guidance for near-term deceleration in cloud and subscription ARR growth and tougher comparisons following a strong quarter for Cloud and AI adoption. Investing.com reported a 15.8% pre-open decline in shares on Friday after the earnings call.
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