DYNATRACE INC (NYSE:DT) – A Strong Growth Stock with Technical Breakout Potential

DYNATRACE INC (NYSE:DT) was identified by our screener as a strong growth stock with a favorable technical setup. The company combines solid fundamentals with a promising price pattern, making it worth a closer look.

Fundamental Strengths

• Growth: DT has demonstrated strong revenue and earnings growth, with revenue increasing by 18.74% over the past year and EPS growing at 35.19% annually over the last few years. Future estimates suggest continued growth, with EPS expected to rise by 19.41% yearly.
• Profitability: The company maintains high margins, including an 81.15% gross margin and a 28.47% profit margin, outperforming most peers in the software industry.
• Financial Health: DT has no debt, a positive cash flow, and a strong Altman-Z score of 7.20, indicating low bankruptcy risk.

Technical Setup

• Trend: Both short-term and long-term trends are positive, with the stock trading near the upper end of its recent range.
• Support & Resistance: Key support lies around $53.26-$53.89, while resistance is near $54.25. A breakout above this level could signal further upside.
• Recent Signal: A Pocket Pivot pattern was recently observed, suggesting accumulation by institutional investors.

For a deeper dive, review the full fundamental report and technical analysis.

Our Strong Growth Stocks with Good Technical Setup screener lists more stocks matching these criteria.

Disclaimer

This is not investment advice. Always conduct your own research before making investment decisions.