Atlassian stock price forecast according to recent market trends

According to recent market trends, Atlassian stock price forecast indicates potential breakout above $195 if Q3 earnings exceed consensus. RSI remains at 58, signaling moderate bullish momentum without overbought pressure. Atlassian (TEAM) closed the most recent trading day at $176.02, moving -1.44% from the previous trading session. The stock's change was less than the S&P 500's daily loss of 1.18%. On the other hand, the Dow registered a loss of 0.76%, and the technology-centric Nasdaq decreased by 1.76%. This AvePoint Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Tuesday Atlassian stock price forecast incorporates macro data: tech indexes have rebounded 4% month-to-date, improving sentiment for software-as-a-service (SaaS) leaders. Momentum indicators suggest more upside space.