Bull Signal Flashing On Beaten Down IT Stock
DTDynatrace(DT) Forbes·2024-02-23 03:23

Dynatrace (DT) is up 2.5% to trade at $47.48, at last check, enjoying a breath of fresh air following an early February bear gap that dragged its shares back below $50. In fact, the security has struggled to maintain any upwards momentum in 2024, off nearly 10% in this time frame, particularly suffering after hitting a ceiling at its Feb. 4, two-year high of $61.41. Today’s jump may be the turn of a new leaf, however, as DT is trading near a historically bullish trendline on the charts.Dynatrace stock has c ...