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,atlastcheck,enjoyingabreathoffreshairfollowinganearlyFebruarybeargapthatdraggeditssharesbackbelow47.48, 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 ...