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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 383412

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 91.08 90.72 91.18 89.23 0.949 times
15 Wed May 2024 90.86 87.39 90.92 87.39 1.067 times
14 Tue May 2024 86.75 85.88 86.79 85.42 0.672 times
13 Mon May 2024 85.47 85.77 86.74 85.07 0.748 times
10 Fri May 2024 85.64 85.81 86.38 85.09 0.629 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 90.5, for a target of 87.1 or 84.29

Share price targets for Altair Engineering (ALTR)

Target Type Value
Downside Target 75.98
Downside Target 80.00
Downside Target 84.62
Downside Target 85.07
Downside Target 86.38
Downside Target 86.98
Downside Target 87.69
Downside Target 88.99
Upside Target 91.18
Upside Target 92.92

Intraday share price targets for Altair Engineering (ALTR)

Target Type Value
Downside Intraday Target 87.04
Downside Intraday Target 83
Upside Intraday Target 93.15
Upside Intraday Target 95.22
Downside Intraday Target 89.11

Weekly technical analysis of Altair Engineering (ALTR)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 91.08 85.77 91.18 85.07 0.63 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
26 Fri Apr 2024 83.58 83.06 84.62 81.30 0.79 times
19 Fri Apr 2024 82.32 82.37 83.51 80.00 1.141 times

Price has moved up 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
16 Thu May 2024 91.08 80.79 91.18 77.41 0.617 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 35, 13, 45 Buy
MACD 2, 1Buy
Stochastics 99Buy
CCI 165Buy
RSI 63Buy
OBV 924121Sell
VWAP 86Buy
ADL 0Sell
ROC 11Buy
Force Index 0Sell

Price action analysis of Altair Engineering ( (ALTR) ) based on a short 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 short 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Altair Engineering in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Altair Engineering Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 moving up

CCI has generated a buy signal for Altair Engineering in short term and BUY signal is strong.

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 86.05 and Altair Engineering (ALTR) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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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