Dynatrace joins AWS Application Migration Service as a partner

3 Tem

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.