Dynatrace Holdings LLC (DT)
Dynatrace, Inc. provides a software intelligence platform for dynamic multi-cloud environments. The company is headquartered in Waltham, Massachusetts.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 27.36% per annum.
- DT price at the close of April 29, 2025 was $47.35 and was lower than the bottom border of the primary price channel by $13.45 (22.12%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 2.41% per annum.
- DT price at the close of April 29, 2025 was inside the secondary price channel.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of DT price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: April 21, 2022
End date: February 23, 2024
a = 3.0729
b = 0.0007
s = 0.0872
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0007) – 1
= 27.36%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0872) – 1
= 41.76%
April 21, 2022 calculations
Top border of price channel:
Exp(Y498)
= Exp(a + b × X498 + 2 × s)
= Exp(a + b × 721 + 2 × s)
= Exp(3.0729 + 0.0007 × 721 + 2 × 0.0872)
= Exp(3.7251)
= $41.47
Bottom border of price channel:
Exp(Y498)
= Exp(a + b × X498 – 2 × s)
= Exp(a + b × 721 – 2 × s)
= Exp(3.0729 + 0.0007 × 721 – 2 × 0.0872)
= Exp(3.3761)
= $29.26
February 23, 2024 calculations
Top border of price channel:
Exp(Y960)
= Exp(a + b × X960 + 2 × s)
= Exp(a + b × 1,394 + 2 × s)
= Exp(3.0729 + 0.0007 × 1,394 + 2 × 0.0872)
= Exp(4.1710)
= $64.78
Bottom border of price channel:
Exp(Y960)
= Exp(a + b × X960 – 2 × s)
= Exp(a + b × 1,394 – 2 × s)
= Exp(3.0729 + 0.0007 × 1,394 – 2 × 0.0872)
= Exp(3.8220)
= $45.70
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 27.36% per annum.
- DT price at the close of April 29, 2025 was $47.35 and was lower than the bottom border of the primary price channel by $13.45 (22.12%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: May 10, 2023
End date: April 29, 2025
a = 3.8193
b = 0.0001
s = 0.0896
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0001) – 1
= 2.41%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0896) – 1
= 43.11%
May 10, 2023 calculations
Top border of price channel:
Exp(Y762)
= Exp(a + b × X762 + 2 × s)
= Exp(a + b × 1,105 + 2 × s)
= Exp(3.8193 + 0.0001 × 1,105 + 2 × 0.0896)
= Exp(4.0706)
= $58.59
Bottom border of price channel:
Exp(Y762)
= Exp(a + b × X762 – 2 × s)
= Exp(a + b × 1,105 – 2 × s)
= Exp(3.8193 + 0.0001 × 1,105 – 2 × 0.0896)
= Exp(3.7121)
= $40.94
April 29, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(3.8193 + 0.0001 × 1,825 + 2 × 0.0896)
= Exp(4.1175)
= $61.40
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(3.8193 + 0.0001 × 1,825 – 2 × 0.0896)
= Exp(3.7590)
= $42.91
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 2.41% per annum.
- DT price at the close of April 29, 2025 was inside the secondary price channel.