| 
April 10, 2023
Today at a glance: after dipping down to $44.03, Smartsheet regained earlier losses and ended up at $45.86.
Smartsheet Inc. made an initial breakout above its 50 day Simple Moving Average at $44.73, a potential indicator of a newly emerging bullish phase. In contrast, Smartsheet reversed direction at $45.87 resistance zone and retreated back 1 cents below it.
Examining the technical analysis landscape, Smartsheet might continue its downtrend in the short term.
This rally in Smartsheet's share price coincided with other technology stocks as AMD was up 3.26%.
While Smartsheet was bullish today, the following technology stocks underperformed: Apple lost 1.6% today and closed at $162.03. Oracle lost 1.84% today and closed at $93.76.
Furthermore, the market is looking at United States EIA Short-Term Energy Outlook scheduled to come out tomorrow at 16:00 UTC.
Having set a significant low of $25.93 4 months ago, the US software company is trading 75% higher.
