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(ALTR) Altair Engineering complete technical analysis [charts+indicators] | Buy/Sell Altair Engineering | (ALTR) share price targets

Complete technical analysis of Altair Engineering (ALTR) by charts plus indicators, forecast predictions and share price targets for Altair Engineering (ALTR)

Altair Engineering trades in USA in Technology sector.

10 day averaged volume of Altair Engineering is 312775

Date Daily Closing Price Open High Low Volume
31 Fri May 2024 87.33 88.81 89.08 86.72 1.211 times
30 Thu May 2024 88.36 89.47 89.47 88.27 0.687 times
29 Wed May 2024 89.68 89.96 90.79 89.22 0.814 times
28 Tue May 2024 90.87 93.32 93.69 90.28 1.067 times
23 Thu May 2024 90.76 90.59 91.88 90.47 0.968 times

My analysis of stock is bearish for shortterm, and stock might move down till 84.5 or till 80.6. Use a stoploss of 87.67 and if the stock hits stoploss, then it can shoot up till 90.87

Share price targets for Altair Engineering (ALTR)

Target Type Value
Downside Target 75.98
Downside Target 80.00
Downside Target 84.18
Upside Target 87.69
Upside Target 88.99
Upside Target 90.04
Upside Target 91.75
Upside Target 92.35
Upside Target 92.92
Upside Target 93.69

Intraday share price targets for Altair Engineering (ALTR)

Target Type Value
Downside Intraday Target 84.8
Downside Intraday Target 82.28
Upside Intraday Target 91.77
Upside Intraday Target 96.22
Upside Intraday Target 89.25

Weekly technical analysis of Altair Engineering (ALTR)

Date Weekly Closing Price Open High Low Volume
31 Fri May 2024 87.33 93.32 93.69 86.72 0.991 times
23 Thu May 2024 90.76 90.14 92.35 90.04 0.699 times
17 Fri May 2024 90.50 85.77 91.75 85.07 0.816 times
10 Fri May 2024 85.64 81.66 86.38 81.48 0.836 times
03 Fri May 2024 81.47 83.96 84.18 77.41 1.663 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Altair Engineering (ALTR)

Date Monthly Closing Price Open High Low Volume
31 Fri May 2024 87.33 80.79 93.69 77.41 0.977 times
30 Tue Apr 2024 80.45 86.54 86.98 80.00 1.03 times
28 Thu Mar 2024 86.15 85.28 87.69 78.37 0.762 times
29 Thu Feb 2024 85.08 85.77 92.92 82.50 1.06 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Altair Engineering (ALTR)

Indicator Name Indicator Value Indicator Signal
ADX 26, 21, 10 Buy
MACD 3, 3Sell
Stochastics 25Sell
CCI -188Sell
RSI 57Buy
OBV 761826Sell
VWAP 90Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Altair Engineering ( (ALTR) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Altair Engineering ( (ALTR) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Altair Engineering ( (ALTR) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Altair Engineering ( (ALTR) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Altair Engineering stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Altair Engineering in short term but the sell signal is initial and weak.

Altair Engineering Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Altair Engineering in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Altair Engineering is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 90.19 and Altair Engineering (ALTR) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Altair Engineering (ALTR) stock. Volume based technical analysis of Altair Engineering (ALTR) stock is negative.

Altair Engineering Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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