The upward trend could come to support the developer of applications and storage management software in the coming sessions.

According to Surperformance ratings, the group has strong fundamentals, both in terms of business predictability and valuation. In addition, analysts have recently revised upward their earnings estimates and now expect a profit of USD 1.03 per share for the current year.

SolarWinds is in bullish channel in the long term and is coming back to a key point after a downturn at USD 48.1. It seems opportune to profit from the level currently tested to anticipate a reversal.

Investor should analyze this security close to USD 48.1 to take advantage of a new upward acceleration in the direction of USD 59.85. A stop loss is placed under USD 48.1.