Dynatrace — Trading Ideas on TradingView

Dynatrace joins AWS Application Migration Service as a partner Dynatrace Inc., a leading provider of enterprise IT infrastructure monitoring and performance tools, has been named the first partner of the AWS Application Migration Service partner program. This partnership is part of a significant Amazon initiative designed to streamline the process for customers looking to transition their applications to the cloud. As a participant in this program, Dynatrace is set to benefit from an influx of new customers migrating to AWS. This collaboration allows AWS customers to integrate Dynatrace’s monitoring platform during their cloud migration seamlessly. Consequently, users gain immediate access to essential tools for optimising the performance of their new IT infrastructure. This strategic alignment not only enhances the cloud migration experience for AWS customers but also positions Dynatrace to tap into the growing demand for cloud services. Technical analysis of Dynatrace Inc. (NYSE: DT) Let’s examine the stock chart of Dynatrace for potential trading opportunities: Timeframe: Daily (D1) Current trend: there is an ongoing downtrend; however, a recent break above the resistance line suggests potential for reversal Resistance level: 48.00 USD Support level: 43.10 USD Current position: the stock is attempting to consolidate above the recently broken resistance line Potential downtrend target: if the downtrend resumes, the downside target could be around 39.00 USD Short-term target: if the uptrend continues and the stock surpasses the resistance at 48.00 USD, a short-term target could be set at 51.15 USD Medium-term target: the price might rise to 57.00 USD if the positive momentum is sustained Investors should monitor Dynatrace’s stock closely, as the new partnership with AWS could provide significant momentum, potentially impacting the stock’s performance positively as the company expands its customer base in the cloud computing sector. — Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews. The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.88% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Breakout Buy in DT Dynatrace is a software company developing intelligent platforms that allow customers to modernize and automate IT operations. Their secret sauce? You guessed it… artificial intelligence. Now only has the pullback been shallow (only 6% from its highs), it also took place on decreasing volume. I like to see leading stocks making shallow retracements on light volume. This is my clue that the big players are not selling, and the stock has a good chance of pushing higher. DT is breaking through its $52 pivot point as I type this, making it an actionable trade. DISCLOSURE: I just bought DT here with a stop loss at 49.80 to risk just under 5% on the trade.

Dynatrace (DT) - Pullback & Long Setup I've been leaning bear for so many weeks now that I'm already looking for growth names to go long on after a much-needed pullback across indices. Before the long entry, though, it is advisable to wait patiently for a pullback. As much as it sucks, the equities market will likely experience either a sizeable correction or short-term crash due to sustained, extreme topping action over the past several months. Easy monetary policy makes it tempting to long hyper-growth tech companies like DT as soon as the next session starts, but it will be difficult to continue at such a sharp pace without the requisite technical pullback to support it. That said, DT is poised to become a multi-bagger if it reports yet another stellar report in mid-May. Both the top and bottom line growth is nothing short of stunning so far, and I believe that this trend should continue. In fact, I'd be not-so-surprised to see over 1.00 $/share this time, next year. Thus, I am posting a future Pig-Play in advance because: a) this will certainly become one, and b) I'm sick of leaning bear already (even though the market is still VERY MUCH bearish) Wait for the pullback, don't wait for the pullback, it doesn't much matter if you're holding til 2050 since this will be triple digits per share by then anyway. -DynaPig NYSE:DT CAPITALCOM:DT

DT - approaching entry into upper channel DT is testing resistance along the upper trend range. We have some ranges to settle before testing the overhead supply in the trendline above. A break of the current buy zone range will likely find resistance at the mid-range supply created around $52. A confirmation of a check back to the buy zone indicated on the chart would give a nice entry for a move to test $54.25 by this month expiration. A rejection of the red trendline resistance located above the 50MA will likely require a test of support at the mid-range support line (dashed-gray line) located below the 50MA, before continuation to the upside has proven strength. If this move is rejected, the next likely range of support is below $45, ranging as far as $43.75.

DT NYSE:DT

Dynatrace Uptrend Using the Elliot Wave and trend line, it clear to me that Dynatrace share will be on the uptrend. Check this out, and do let me know your comment and feedback. First time learning to analyze a chart. 😂

DT - Cup & Handle Dynatrace has not been actively traded for very long but the daily chart has created a cup & handle pattern which just needs a breakout for confirmation. The backside of the pattern can be interpreted as a bull flag that would have broken out during today's trading session. Notice how the RSI held the 50 level as well as the stock exits an oversold condition. The Sector, Industry, & stock all have relative strength against the SPX as well. My first two price targets that are noted on the chart are Fibonacci extension levels. The third target is based on the bull flag breakout while the fourth target would be if we receive confirmation of the cup & handle breakout.