Is Atlassian Corp. technically bullish or bearish?
As of October 31, 2025, Atlassian Corp. is in a mildly bearish trend, with mixed technical indicators and significant underperformance compared to the S&P 500, showing a year-to-date return of -30.39% versus the S&P 500's 16.30%.
As of 31 October 2025, the technical trend for Atlassian Corp. has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by weekly MACD showing mildly bullish momentum, while monthly MACD remains bearish. The moving averages indicate a mildly bearish trend on the daily timeframe. Additionally, Bollinger Bands and KST are both mildly bearish on weekly and monthly timeframes. The Dow Theory shows no trend on the weekly but is mildly bearish monthly.In terms of performance, Atlassian has underperformed the S&P 500 significantly over longer periods, with a year-to-date return of -30.39% compared to the S&P 500's 16.30%, and a 3-year return of -16.43% against the S&P 500's 76.66%.
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