Uptrend Under Pressure 100
Institutional selling is building — 7 distribution days in the last 25 sessions. Severe risk · 100/100 · 7 distribution days (SPY) Oct 26 Full briefing →
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TEAM · Atlassian Corporation

$223.41 -1.85% Oct 26 close
Detected setup Cup & Handle · Setup Score 65/100

Stand aside — setup invalidated

Setup score 65, but distribution days reach 5 or more — stand aside until the condition resets.

2 independent risk warnings also present. Review before relying on the bullish setup.

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Switch to Advanced for indicator panels, raw grades, provenance, drawing tools, and full technical tables.

$TEAM

Atlassian Corporation

Atlassian Corporation is a large-cap Packaged Software company in the Technology Services sector with a market cap of $49B.

Technology Services Packaged Software stock Stage 2 · Advancing Base 2
$223.41 latest close
Market Structure
Trend structure: uptrend
Latest event: structure_shift (bearish)
Support 163.92–164.84 · 5 touches · strong
Support 157.12–158.04 · 3 touches · moderate
Join to Watchlist $TEAM Share card
Verdict · setup score 65/100 · data Oct 26 close · latest session

Stand aside — setup invalidated

Setup score 65, but distribution days reach 5 or more — stand aside until the condition resets.

Review six verdicts Inspect chart
Recent price action · daily
$150$200AugSepOct$223

What would change this verdict

What needs to turn for this to become buyable — the top failing checks across the legend council:

  • Minervini 2. Quarterly EPS growth ≥ 25% — +6.9% QoQ
  • Minervini 2. ROE ≥ 17% — ROE -4.4%
  • O'Neil C: Quarterly EPS acceleration ≥ 25% — +6.9% QoQ
  • O'Neil M: Market in confirmed uptrend — Market phase: uptrend_under_pressure
  • Weinstein Volume expansion above average — Volume ratio 0.61x
  • Dennis S1: 20-day Donchian breakout
Minority view — the council disagrees here
  • Minervini: watch Trend-template read: 10/12 pass; wait for the soft misses to improve.
  • O'Neil: avoid CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.
  • Weinstein: watch Stage-analysis read: Stage 2 is present; 1 supporting checks need improvement.
74 Strong
Legend Score · rates the stock Strong (74/100) — held back by eps growth

Our proprietary 0-100 rating — the answer to Wall Street's black-box scores. Five pillars, each computed from real scan data, each explained below in plain English.

  • Relative Strength (25%) 99
  • Trend Template (25%) 100
  • Institutional Footprint (20%) 67
  • EPS Growth (15%) 30
  • Quality (SMR-like) (15%) 44

RS rank 98: top 2% of all stocks — true leadership. Trend template 8/8: price above rising 50/150/200-day lines — textbook uptrend structure. Institutional score 67: mild accumulation. EPS growth reads +0%, but trailing earnings are negative — that percentage is an artifact, capped. Quality 44: weak fundamentals (sales growth 30, return on equity 40, leverage 100). Updated 2026-10-27.

Earnings

Post-earnings setup

Next earnings Monday, October 26, 2026 Report time not confirmed by the source

Deterministic evidence

TEAM-1.85%
Sector proxy · XLK+1.69%
Broad market · SPY+0.71%
Same completed session window ending 2026-10-26. TEAM was -3.54 points vs XLK. -2.56 points vs SPY.
CatalystUnavailable Stock reactionNegative Sector reactionSupportive Opening surge— Event riskEarnings-driven

Session internals Mixed

Rule: direction and internals disagree — it met neither the strong nor the weak rule. Judged on internals, not on the size of the move.

Vs prior close-1.85% From the open-1.57% Range position47% GapNo gap
QQQ confirmationDiverging (+1.11%) SMH confirmationDiverging (+2.74%)
Short-term conviction -1 points.
  • QQQ, SMH moved against the stock — no index confirmation.
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.

Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.

Price $223.41 -1.9% Oct 26 close
52W High $229.96 2.8% below high
Wks Since High 0w
Base Depth 4.4%
RS Rank 97 percentile of scan
SMA 50 $191.93
Avg Vol 3,181,490
Rel Vol (Oct 26) 0.61× 1.05× on up days
More stats
52W Low $56.01
Tight Wks 0
Base B2
SMA 200 $116.42
RS Line vs High -2.5%
RS Line Slope +26.8% ▲
Group Rank #11/66
ADR% 4.3%
ATR(14) $8.71 (3.9%)
Vol Pace (live) N/A
A/D Days 22A / 10D
A/D Rating A+
VDU Bars 0/10 d
Power Trend 18d
Earnings in 2d
Position in 52-week range 96thpercentile of the 52-week range
$56.01low
$229.96high

TEAM Chart

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Technical Analysis Report Card

$TEAM · $223.41 · as of 2026-10-26 · multi-factor read
100
/ 100
Technicals 100/100
Reference read from price & volume only — the verdict at the top of the page decides the action.

Trend · Daily / Weekly / Monthly

Daily ▲ Uptrend
Weekly ▲ Uptrend
Monthly ▲ Uptrend

Moving Averages

50-day$191.93 ↑
100-day$145.43 ↑
200-day$116.42 ↑
Bullish (50 > 200)

RSI (14)

Reading65.1 · Bullish

Bullish momentum — comfortably in buyer territory.

MACD (12/26/9)

StateBullish
Histogram+1.159

Bullish — MACD above its signal line and above zero. Histogram contracting.

Bollinger Bands (20,2)

%B / Width79% · 29.7%

Mid-band — no directional band edge in play.

Volume · Buyer vs Seller

Up/Down vol1.05 · Neutral
Rel volume0.61×
Pocket pivots · 10d1
5d vs 50d vol61%
Heavy vol up / down0 / 0

Balanced — up/down volume is roughly even; no clear hand. Recent volume is easing versus its baseline.

  • Pocket pivot 7 sessions ago — up-day volume beat every down day of the prior 10 sessions.

Support & Resistance

R · $229.9652-week high
Price · $223.41now
S · $174.21swing level
S · $168.05swing level
S · $160.96swing level

Fibonacci · Uptrend swing

23.6%$193.25
38.2%$170.54
50.0%$152.19
61.8%$133.83
78.6%$107.70

Retracement support zones measured from the recent swing low up to the high.

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Daily uptrendWeekly uptrendMonthly uptrendAbove 200-day MA50/200 bullishRS 98 (leader)
Want this read in a legend's voice? Ask a Legend about TEAM
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts 6 methodology checks

Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
How to read the numbers: the setup score (65/100, in the verdict band) rates this trade setup. Each legend's A–D grade rates the same setup against that legend's own checklist — so a high score next to a C grade is not a contradiction. The setup can be strong without fitting that legend's style. When the council disagrees, the verdict band breaks the tie.

Council consensus: 8 of 9 legends are Watching — building, not yet a confirmed buy.
Minervini Watch B Trend-template read: 10/12 pass; wait for the soft misses to improve.

mediumEnter on break of $214.98 pivot with stop at $200.54 (risk 6.7%). SEPA Grade B (5/7).

Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $223.41, MA150 $123.02, MA200 $116.42
1.2 150-day MA > 200-day MAMA150 $123.02 vs MA200 $116.42
Failing evidence
2. Quarterly EPS growth ≥ 25%+6.9% QoQ
2. ROE ≥ 17%ROE -4.4%
10/12 checks
Method → Playbook → Ask →
O'Neil Avoid D CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.

partialRule check says AVOID (4/8 checks passed) — CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.

Passing evidence
L: RS rank ≥ 80 (IBD leadership)RS rank 98
A: Annual earnings & revenue qualityRev +26.0% | ROE -4.4%
Failing evidence
C: Quarterly EPS acceleration ≥ 25%+6.9% QoQ
M: Market in confirmed uptrendMarket phase: uptrend_under_pressure
4/8 checks
Method → Playbook → Ask →
Weinstein Watch B Stage-analysis read: Stage 2 is present; 1 supporting checks need improvement.

mediumClassic Stage 2 advancing phase — strong weekly trend confirms uptrend. This is Weinstein's sweet spot: buy and hold while price remains above the 30-week MA.

Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Price above 30-week MA (200-day proxy)Price $223.41 vs MA200 $116.42
Failing evidence
Volume expansion above averageVolume ratio 0.61x
6/7 checks
Method → Playbook → Ask →
dennis Watch C Turtle read: no breakout yet. Price is pressing the 20-day high. The system waits for the print; it never anticipates.
Passing evidence
No breakdown below the 20-day channel20-day low $168.05
Volatility-unit sizing (1N ≈ 1% of equity)1N = $8.92 (3.99% of price); the Turtles size 1 unit so a 1N move ≈ 1% of equity, making the 2N stop ≈ 2% equity risk
Failing evidence
S1: 20-day Donchian breakoutNot confirmed
S2: 55-day Donchian breakoutNot confirmed
5/7 checks
Method → Playbook → Ask →
zanger Watch B Zanger read: the structure is fine but the breakout quality is not there yet — wait for 150%+ volume on the break.

partialZanger would buy the Cup & Handle breakout only with 150-200% volume, never more than 5% above the breakout point, with a 2-3% stop set at entry. His edge over O'Neil is the exit plan: sell 20-30% of the position at +15-20%, then trail the rest on the 10/20-day moving average.

Passing evidence
Named Zanger pattern onlyCup & Handle
Not extended (≤5% above the breakout point)Measured as passing
Failing evidence
Breakout volume 1.5-2.0x averageData unavailable
5/6 checks
Method → Playbook → Ask →
zweig Watch D Zweig read: part of his screen passes but not all: EPS growth above the market (≥15% QoQ); Insider buying — wait for the full growth screen before treating this as a Zweig setup.
Passing evidence
Price strength (RS ≥ 70)RS score 98 — Zweig buys strength, not bargains
Breadth momentum: 10-day A/D ratio10-day A/D 1.17 (2025 adv / 1725 dec) — participation expanding
Failing evidence
EPS growth above the market (≥15% QoQ)+6.9% QoQ — Zweig wants growth above the S&P average
Insider buyingNo insider buying flagged
3/8 checks
Method → Playbook → Ask →
Livermore Watch B Pivotal-point read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$223.41
Relative strengthRS 98
Failing evidence
Volume vs average0.61x
Pivotal point cleared on expanding volumeNot confirmed
4/6 checks
Method → Playbook → Ask →
Darvas Watch B Box-theory read: constructive evidence is present, but volume vs average is unresolved.

mediumStock is at the top of its box — Darvas would wait for a decisive breakout on volume.

Passing evidence
Price$223.41
Relative strengthRS 98
Failing evidence
Volume vs average0.61x
Box top broken on heavy volumeNot confirmed
4/6 checks
Method → Playbook → Ask →
Wyckoff Watch B Supply-and-demand read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$223.41
Relative strengthRS 98
Failing evidence
Volume vs average0.61x
Sign of Strength confirmed on expanding volume0.61x average volume — needs ≥1.4x
4/6 checks
Method → Playbook → Ask →
Base & Breakout
Breakout follow-through

No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?

Unlock Base & Breakout Tracking
RS Line vs SPY 52-week relative strength · blue = RS line · dashed = MA50 · dot = NH ▲ Rising
122RS Line (52W)
Accumulation / Distribution last 65 sessions · green = acc on high vol · red = dist on high vol Net +11 A+
A: 18 D: 7 Net: +1165 sessions
Minervini · Grade Card
Fundamentals & leadership quality — Minervini’s published criteria · 5/7 met
B 5/7 criteria
Separate score from the Minervini Trend Template (8/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
✗ EPS acceleration ≥25% QoQ +7%
✓ Revenue growth ≥20% YoY +26%
✓ Gross margin ≥30% 85%
✗ ROE ≥17% -4%
✓ RS rating ≥80 (leadership) 98
✓ Stage 2 uptrend (Weinstein) Stage 2
✓ Within 25% of 52W high -2.8%

Method Playbook

Trade it like Zweig EXACT LEVELS · PRO
Zweig D · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro level
Published-method rule: Use the stock's recent consolidation high — Zweig buys strength in screened growers, not breakdowns.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro level
Published-method rule: Buy only when the growth screen passes: EPS growth above the market, PEG ≤ 1.5 (reasonable for the growth), insider buying, and RS leadership.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro level
Published-method rule: Define the loss before entry — Zweig's risk rule. Sell when the growth story breaks: earnings decelerate or the valuation stretches past reason.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-based
Published-method rule: Hold winners as long as earnings keep growing and the price holds its trend; sell half on a climax run.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro level
Published-method rule: Exit when EPS growth falls below the market, the PEG stretches past reason, insiders stop buying — or the Super Model flips the market to defensive.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →

Pattern Analysis

Cup & Handle ⚠ Bearish RSI divergence ⚠ Negative earnings (CANSLIM C fail)
65 setup score
RS Score 98
Trend template 8/8 ✓
CANSLIM 72.3* (B)
15.0% cup depth 4.4% handle 5 sessions since breakout
  • Cup 15.0% deep from a $197.75 left rim to a $168.05 low
  • Rims 8.6% apart (ideal, within 10%)
  • Handle pulled back 4.4% over 1 bar from $210.84 to $201.55
  • Handle sits in the upper half of the cup
  • Rounded U-shaped bottom
  • Pivot $214.77 fixed at the handle high
  • Breakout: 5 bars since the first close above the pivot
  • Handle volume did not dry up
Raw detector evidence · confidence is a heuristic match score, not a probability depth=15.0%, handle_pb=4.4%, lips_diff=8.6%, upper_half=yes, u_shape=yes, near_pivot=yes, orderly=yes | Strong trend (8/8) | Top RS (98) | High-confidence pattern (85%) | Power Trend | Stage 2 | Readiness 65/100 (watch) | CANSLIM 72.3 (B) | ⚠ Bearish RSI divergence; Negative earnings (CANSLIM C fail) setup_key=cup_handle|2026-09-29|2026-10-13|214.77 · cup_handle/2026-10-03 anchors={"bottom": {"bar": 25, "bars_ago": 19, "date": "2026-09-29", "price": 168.05}, "breakout": {"bar": 40, "bars_ago": 4, "date": "2026-10-20", "price": 221.11}, "handle_high": {"bar": 36, "bars_ago": 8, "date": "2026-10-14", "price": 210.84}, "handle_low": {"bar": 37, "bars_ago": 7, "date": "2026-10-15", "price": 201.55}, "left_lip": {"bar": 5, "bars_ago": 39, "date": "2026-08-31", "price": 197.755}, "right_lip": {"bar": 35, "bars_ago": 9, "date": "2026-10-13", "price": 214.77}}
Why This Setup?
cup handle Cup & Handle · schematic

depth=15.0%, handle_pb=4.4%, lips_diff=8.6%, upper_half=yes, u_shape=yes, near_pivot=yes, orderly=yes | Strong trend (8/8) | Top RS (98) | High-confidence pattern (85%) | Power Trend | Stage 2 | Readiness 65/100 (watch) | CANSLIM 72.3 (B) | ⚠ Bearish RSI divergence; Negative earnings (CANSLIM C fail)

Ask a Legend ▾
High Tight Flag ⚠ Bearish RSI divergence ⚠ Negative earnings (CANSLIM C fail) ⚠ Not actionable yet
55 setup score
RS Score 98
Trend template 8/8 ✓
CANSLIM 71.7* (B)
150.0% pole 16.0% pullback
Why This Setup?
High Tight Flag · schematic

Pole=150%, pullback=16.0% | Strong trend (8/8) | Top RS (98) | High-confidence pattern (75%) | Power Trend | Stage 2 | Readiness 62/100 (early) | CANSLIM 71.7 (B) | ⚠ Bearish RSI divergence; Negative earnings (CANSLIM C fail); Not actionable yet

Ask a Legend ▾
Inverse Head & Shoulders ⚠ Bearish RSI divergence ⚠ Negative earnings (CANSLIM C fail) ⚠ Not actionable yet
55 setup score
RS Score 98
Trend template 8/8 ✓
CANSLIM 71.7* (B)
left shoulder: 174.21 head: 168.05 right shoulder: 201.55 shoulder symmetry: 0.146 prior decline: 0.154 sessions since breakout: 4 breakout volume ratio: 0.834 retest: ✓ confirmed via right armpit: ✓ validation reason: valid inverse head-and-shoulders multi tf evaluated: ✓ multi tf reason: weekly trend template 8/8 confirmed
Why This Setup?
Inverse Head & Shoulders · schematic

Inverse H&S breakout: LS 174.21, head 168.05, RS 201.55, neckline 217.25, breakout 4 bars ago, vol 0.83x (confirmed via right armpit) | Strong trend (8/8) | Top RS (98) | High-confidence pattern (73%) | Power Trend | Stage 2 | Readiness 62/100 (early) | CANSLIM 71.7 (B) | ⚠ Bearish RSI divergence; Negative earnings (CANSLIM C fail); Not actionable yet

Ask a Legend ▾
The Universal Edge Check · context only

What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.

5/7 universals met
  • Clear of earnings — not met in 2 days — event risk
  • Volume confirms — partly met 0.6× average — light
  • A relative-strength leader — met RS rank 97
  • Asymmetric reward — met Met — levels are a Pro detail
  • In a confirmed uptrend — met Stage 2 · Trend template 8/8
  • Not chasing (in range) — met Met — levels are a Pro detail
  • Risk is defined — met Met — levels are a Pro detail
Why these seven? → The Universal Edge

Minervini Trend Template

8/8 ✓

Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.

Price above SMA 150 & 200 $223.41 vs SMA150 $123.02 / SMA200 $116.42
SMA 150 above SMA 200 SMA150 $123.02 vs SMA200 $116.42
SMA 200 trending up Slope +4.50 over 20 days
SMA 50 above SMA 150 & 200 SMA50 $191.93
Price above SMA 50 $223.41 vs SMA50 $191.93
30%+ above 52-week low +298.9% from $56.01
Within 25% of 52-week high -2.8% from $229.96
RS score above 70 RS 98

Fundamentals

52W Range
96%
Mkt Cap SEC
49.4B
EPS QoQ
+7%
Rev YoY
+26%
ROE
-4%
Gross Margin
85%
D/E
0.95
EPS TTM
$-0.21
Insider
No Buy

Company

Company profile
Atlassian Corporation
TEAM · NASDAQ · Technology Services · Packaged Software
Track all markets on TradingView
O'Neil · Grade Card
CANSLIM — current EPS, annual EPS, new highs, supply, leader RS, inst. sponsorship, market
B 72.3* CANSLIM * disqualified on C, M
C · Curr. EPS
40
A · Annual EPS
68
N · New Highs
100
S · Supply/Demand
70
L · Leader RS
98
I · Inst. Spons.
100
M · Market
30

Weekly Context

Multi-timeframe signals from weekly bars
W. Trend
8/8
W. RS
100
W. Support
$66.55
W. Resist
$229.96
Weekly Structure

Scan History

20× streak
Oct 23: 55 (High Tight Flag)Oct 23: 65 (High Tight Flag)Oct 26: 65 (High Tight Flag)Oct 27: 65 (Cup & Handle)65
Oct 27
Cup & Handle ✓ Gate
65
Oct 26
High Tight Flag ✓ Gate
65 0.0%
Oct 23
High Tight Flag ✓ Gate
65 -1.8%
Oct 23
High Tight Flag ✓ Gate
55 -1.8%

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